Meghalaya Chief Minister Conrad K. Sangma has launched the flagship program CM Elevate, aimed at promoting entrepreneurship and job creation in the state. The program will support 20,000 beneficiaries with a total of INR 300 crore ($40 million) over the next five years. Interested entrepreneurs can apply for ventures in various sectors, with the government providing grants and subsidies of up to 75%, while the remainder will be linked through bank loans.
Chief Minister Conrad Sangma launched the CM-ELEVATE an Integrated event in Tura on October 13, where reassuring that the programme is aimed at engaging, employing, and empowering the youth of Meghalaya through entrepreneurship. The day also marked the distribution of Cheques under YESS Meghalaya Initiative.