The entrepreneurs of the State, more particularly the 1st generation entrepreneurs are facing problems to convert their ideas into reality due to lack of adequate resources in the form of equity, loan, etc. Getting a loan or financial assistance from Bank/Financial Institutions for any new venture is a major problem in the State as Banks/Financial Institutions are very reluctant top provide loan considering it as a risk for them.

Swami Vivekananda Assam Youth Empowerment (SVAYEM) Scheme  is a flagship program by Govt. of Assam to provide financial support to the youths of Assam to take up income-generating activities in the manufacturing, trading, and service sector. This program was launched in the year 2017.