The schemes intends to invest in projects promoted by entrepreneurs in North-Eastern Region having sound business ideas with potential for high growth and more than normal returns on investment.
Investment in a single project would range from Rs.50-300 lakhs. Assistance will be available for financing terms normally included in the cost of a project, startup working capital and selectively for core current assets during commercial operation.
Individual entrepreneurs or groups of entrepreneurs; The applicant should have a viable business plan which offers above average profitability leading to attractive returns on investment.
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