In a major milestone of Startup Nagaland,  a total of 1.13 Crore (One Crore Thirteen Lakhs Only) was disbursed to five Startups from Nagaland by YouthNet Incubation Centre under the Startup India Seed Fund Scheme (SISFS) on March 25,  informed a press release by YouthNet.

The funds has been Initiated with the aim to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization.

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The startups which were awarded the funds included: Tsivi Self Care Private Limited, Ngurie Organic Private Limited, Tm Hydrocultiva Solutions Private Limited, Gogivers Services Private Limited and Artistic Naga Touch Private Limited.

During the event, Hekani Jakhalu, Advisor, Industries and Commerce stated, “There is no free money, only performers will be rewarded”, encouraging the gathering on hardwork, discipline and diligence for any venture.