Goa named Best Performer in DPIIT Category B startup ranking
In a remarkable achievement, Goa has been ranked as the Best Performer in Category B in the States’ Startup Ecosystem Ranking by the Department for Promotion of Industry and Internal Trade (DPIIT). This prestigious award was announced on National Startup Day in New Delhi, and it is a testament to the state’s thriving startup ecosystem. The award was received by Dr. Milind of the Department of Information Technology and Electronics (DITE&C) along with D S Prashant of the Startup Innovation and Technology Park (SITPC).
The ranking is a part of the national startup policy assessment, which evaluates the performance of states in promoting and supporting startups. The assessment takes into account various parameters such as institutional support, simplification and regulation, funding, and incubation. Goa’s ranking as the Best Performer in Category B is a significant achievement, considering the state’s relatively small size and population compared to other states in the country.
According to Minister Rohan A Khaunte, the coordinated efforts of the government and the ecosystem have been instrumental in achieving this milestone. The state government has been actively working to promote the startup ecosystem in Goa, with initiatives such as the creation of a startup policy, setting up of incubation centers, and providing funding support to startups. The government has also been engaging with stakeholders, including entrepreneurs, investors, and academia, to understand their needs and provide support.
The startup ecosystem in Goa has been growing rapidly in recent years, with a significant number of startups operating in the state. The state’s favorable business environment, talented workforce, and excellent quality of life have made it an attractive destination for entrepreneurs and startups. The government’s efforts to promote the startup ecosystem have also helped to create a vibrant and supportive community, with many incubators, accelerators, and coworking spaces available to support startups.
The ranking by DPIIT is a recognition of the state’s efforts to create a conducive environment for startups to grow and thrive. It is also a testament to the hard work and dedication of the entrepreneurs, innovators, and stakeholders who have been working tirelessly to build a thriving startup ecosystem in Goa. The state government has announced plans to continue supporting the startup ecosystem, with initiatives such as the creation of a startup fund, setting up of a startup hub, and providing mentorship and networking opportunities to startups.
The achievement is also expected to have a positive impact on the state’s economy, as a thriving startup ecosystem can create jobs, attract investment, and promote innovation. The state government has been working to diversify the economy, and the growth of the startup ecosystem is seen as a key factor in achieving this goal. With the ranking by DPIIT, Goa is expected to attract more startups and entrepreneurs, which can help to drive economic growth and development in the state.
In conclusion, Goa’s ranking as the Best Performer in Category B in the States’ Startup Ecosystem Ranking by DPIIT is a significant achievement, and it is a testament to the state’s thriving startup ecosystem. The coordinated efforts of the government and the ecosystem have been instrumental in achieving this milestone, and the state is expected to continue supporting the startup ecosystem in the future. With its favorable business environment, talented workforce, and excellent quality of life, Goa is an attractive destination for entrepreneurs and startups, and the state is expected to continue to thrive as a hub for innovation and entrepreneurship.
The award is a recognition of the state’s efforts to create a conducive environment for startups to grow and thrive, and it is expected to have a positive impact on the state’s economy. As the state continues to support the startup ecosystem, it is expected to attract more startups and entrepreneurs, which can help to drive economic growth and development in the state. With its thriving startup ecosystem, Goa is an exciting place to be for entrepreneurs, innovators, and stakeholders, and the state is expected to continue to make significant contributions to the country’s startup landscape.
As we look to the future, it is clear that Goa’s startup ecosystem will continue to play a significant role in driving economic growth and development in the state. The state government’s efforts to promote the startup ecosystem, combined with the hard work and dedication of entrepreneurs and stakeholders, will help to create a vibrant and supportive community that will attract startups and entrepreneurs from across the country. With its favorable business environment, talented workforce, and excellent quality of life, Goa is an attractive destination for anyone looking to start or grow a business, and the state’s ranking as the Best Performer in Category B is a testament to its potential as a hub for innovation and entrepreneurship.
News Source: https://ascendants.in/industry_events/dpiit-ranks-goa-best-performer-category-b-startup-ecosystem/
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