Northeast Startup Summit, organized by the North Eastern Council and IIM Calcutta Innovation Park

The North Eastern Council, in association with IIM Calcutta Innovation Park, organised the “Northeast Startup Summit” on the 29th of January, 2024, at Hotel Vivanta, Guwahati, bringing much-needed exposure to the startup ecosystem of the region.Serving as the culmination of the incubation program for the initial cohort of 270 startups under the North East Entrepreneurship Development Programme, a joint initiative by the North Eastern Council and IIM Calcutta Innovation Park as the Implementation Partner, the Summit stood out as the largest of its kind in the area.

The primary goal of the Summitwas to showcase and celebrate the evolution of the startup ecosystem in Northeast India while providing a platform for innovative minds to connect, collaborate and gain exposure. The eventwitnessed a footfall of over 500 startup founders from Northeast India, ecosystem enablers, celebrated entrepreneurs, corporate leaders and some of the top-notch investors in the country.

The event was graced by the Secretary of the North Eastern Council, K. Moses Chalai, IAS, who wasaccompanied by Som Kamei, IPoS, Planning Advisor, North Eastern Council and M.C Omi, Ningshen, IRS, NECBDC.The Chairman and Managing Director of NEDFi, PVSLN Murty was also present at the Summit, offering his valuable insights on funding andencouraging the emerging startups of the region.

Addressing the gathering, the NEC Secretary conveyed his satisfaction with the results of the North East Entrepreneurship Development Programme.”I am happy to see the 270 startups selected for the program benefiting from the guidance and mentorship provided by IIM Calcutta Innovation Park,” he remarked. He further assured the startups of comprehensive support and emphasised their crucial role in driving the economic transformation of the region.

The Summit garnered significant exposure for the fast-evolving startup ecosystem of the region as numerous reputed figures from India’s startup ecosystem participated in the event. Notable attendees included Sagar Daryani, Founder & CEO, Wow! Momo; Pratap TP, Founder, QwikCilver Solutions; Shradha Sharma, Founder & CEO, YourStory Media; SP Singh, Chief General Manager, SIDBI; Vikram Gupta, Founder & Managing Partner, IvyCap Ventures; Hari Balasubramanian, Member, Indian Angel Network; Anuj Sharma, Founder, ALSiSAR IMPACT; and Anil Chhikara, Head – Global Strategy, Marwari Catalysts, to name a few.

A key highlight of the mega eventwas an eclectic exhibition by over 80 startups from across the eight states of Northeast India, serving as a testament to the unique products and innovations emerging from the vibrant region.

While the visiting investors expressed interest in a number of startups from the region, the celebrated entrepreneurs were overwhelmed by the sheer variety and diversity of the products displayed by the startups at the exhibition.