Women Enterprise Development (WED)

The Women Enterprise Development (WED) scheme is a dedicated financial initiative launched by the North Eastern Development Finance Corporation Ltd (NEDFi) to empower women entrepreneurs across the North Eastern Region (NER) of India. Recognizing the unique challenges and the untapped potential of women in business, this scheme aims to provide necessary credit support to help women set up, expand, or modernize small business ventures. The primary goal is to encourage self-employment and foster a culture of entrepreneurship among women, thereby contributing to the socio-economic development of the eight North Eastern States. Whether starting a new boutique, a small manufacturing unit, or a service-oriented business, the scheme offers a structured pathway for motivated individuals to secure the capital required for their startup journey. By providing accessible funding solutions, NEDFi seeks to bridge the gender gap in the regional business landscape and assist women in becoming financially independent and successful business owners. The scheme emphasizes supporting innovative ideas and sustainable business models that can create local employment opportunities and improve the standard of living within the NER community. Applicants are encouraged to present viable business plans that demonstrate growth potential and long-term sustainability within their respective sectors.