NEDFi & NIPER Come together to Boost Startup Ecosystem in North East Region

By Team Startupcity  |  Saturday, 17 February 2024, 09:45 IST

NEDFi & NIPER Come together to Boost Startup Ecosystem in North East Region
The NEDFi (North Eastern Development Finance Corporation Limited) signed a Memorandum of Understanding (MoU) with NIPER (National Institute of Pharmaceutical Education and Research) Guwahati to join forces to harness the power of financial expertise & technology of both organizations to vitalize the NER’ s (Northeastern Region) startup ecosystem.
Under the knowledge of  PVSLN Murty,  Chairman cum Managing Director,  NEDFI and Dr. USN Murty, Director, NIPER, the MoU was signed.
As a developmental financial organisation from the region, NEDFi s dedicated to foster and nurture the entrepreneurial ecosystem in the North East region.
Also as part of this directive MoU, through its Venture Fund, NEDFi has been bolstering the start-ups from NER.
To enhance the support to entrepreneurs and startups, NEDFi supplies guidance & mentoring connections for them.
The initiatives like NEDFihave stimulated a cultural transformation towards entrepreneurship. NIPER-Guwahati, with its Bio-NEST NIPER Guwahati Incubation Centre backed by BIRAC, DBT & the Atal Incubation Centre supported by AIM & NITI Aayog continuously supports & fosters the North East startups.These collective initiatives owes to strengthen the innovation & drive economic growth in the region.
On this regard, an official statement of NEDFi said, “The collaborative efforts between NEDFi and NIPER Guwahati exemplify a proactive strategy aimed at fostering entrepreneurial development in the North East. With a shared commitment to leveraging financial expertise and technology, their partnership is poised to strengthen the startup ecosystem, propelling innovation, and economic advancement throughout the region”.
 

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