Vikram Marak, initially a school teacher, uncovered his latent talents when he began crafting wooden reindeer for Christmas decorations. This newfound passion evolved into a hobby, earning him a state award for his exceptional artwork and securing a grant of approximately 5 lakhs from PRIME Meghalaya.Encouraged by this recognition, he transitioned into woodworking as his primary profession. Throughout this transformative journey, Vikram gained invaluable insights into entrepreneurship and effective time management, receiving continuous guidance and support from the initial idea stage to establishing a successful enterprise.Now, equipped with funding, mentorship, and knowledge sessions, Vikram is excited to exhibit his craftsmanship to a wider audience.

Vikram Marak, initially a school teacher, uncovered his latent talents when he began crafting wooden reindeer for Christmas decorations. This newfound passion evolved into a hobby, earning him a state award for his exceptional artwork and securing a grant of approximately 5 lakhs from PRIME Meghalaya. Encouraged by this recognition, he transitioned into woodworking as his primary profession. Throughout this transformative journey, Vikram gained invaluable insights into entrepreneurship and effective time management, receiving continuous guidance and support from the initial idea stage to establishing a successful enterprise. Now, equipped with funding, mentorship, and knowledge sessions, Vikram is excited to exhibit his craftsmanship to a wider audience.

Vikram Marak, initially a school teacher, uncovered his latent talents when he began crafting wooden reindeer for Christmas decorations.

Vikram Marak

PRIME aims for a high leverage market which iseasily accessible, the programme aims to make entrepreneurship a preferred career choice for the youth and peopleof the State.This eco-friendly venture received the grant from PRIME Meghalaya to grow their business

This eco-friendly venture received the grant from PRIME Meghalaya to grow their business

Rising Meghalaya- Leaf Plates

Upscaling Entrepreneurs Business to different heights. Under the Prime Meghalaya Scheme, support and grant loans are provided in hopes to carry on family run businesses.

A Flower Shop run by two generations of women.

Rising Meghalaya - City flora

In its endeavour to empower and nurture the youth of the state, Government of Meghalaya launched Promotion and Incubation of Market-driven Enterprises (PRIME).Touted as India's Best Startup Ecosystem PRIME Meghalaya provides a conducive environment for budding entrepreneurs to realise their startup dream.Coretta Sangma is one of those entrepreneurs who has made his passion into a full fledged enterprise with her own sheer dedication, motivation and support from the Government.

Creating an ecosystem to nurture budding Entrepreneurs

Story of Coretta A Sangma

PRIME

Number of Entrepreneurs applied for  Chief Minister’s E-Champion Challenge 1. Challenge 1.0

Plain data

Number of Entrepreneurs applied for  Chief Minister’s E-Champion  Challenge 2.0

Number of startups achieved more than 100% of revenue increase

Number of Entrepreneurs funded with Kick Start Grant (upto Rs. 5 Lac)

Number of Entrepreneurs granted Scale Up Loan

Total amount of Scale up Loan Availed (in Rs. Lac)

Total amount disbursed in Kick Start Grant (in Rs. Lac)

Percentage of survival rate of Entrepreneurs

East Khasi Hills - EKH

West Garo Hills - WGH

West Jaintia Hills - WJH

West Khasi Hills - WKH

East Garo Hills - EGH

Ri Bhoi - RB

South West Garo Hills - SWGH

South West Khasi Hills - SWKH

Demographic distribution of Top 50  Entrepreneurs of Year 1

District wise

South Garo Hills - SGH

East Jaintia Hills - EJH

North Garo Hills - NGH

Demographic distribution of Top 50  Entrepreneurs of Year 2

Demographic distribution of Top 25  Entrepreneurs of Year 1

Sector Wise Distribution of Top 50 Entrepreneurs Year 1

Multiple

Promotion and Incubation of Market-Driven Enterprises- The program envisions making entrepreneurship a preferred career choice for the youth and people of the State through the creation of a dynamic and collaborative ecosystem that enables easy availability of credit, relevant technology, skilling and mentoring support, and access to high leverage markets. It aims to support entrepreneurs by providing them hubs (PRIME Hubs), funding support to start their ventures, easy access to credit, incubation and mentoring, and various other support

PRIME-Promotion and Incubation of Market Driven Enterprises

Under the Prime Scheme, Entrepreneurs are supported through Mentorship and Grant Loans.

A Rubber Plantation started in the 1980's

PRIME-Promotion and Incubation of Market Driven Enterprises

Rising Meghalaya -Story of Jengson's Rubber Plantation

Galleries

Write comments

Related posts

Vikram Marak

Rising Meghalaya- Leaf Plates

Rising Meghalaya - City flora

Story of Coretta A Sangma

MyMeG

HELP & SUPPORT

ADDRESS