Goa named Best Performer in DPIIT Category B startup ranking
The Indian startup ecosystem has been thriving in recent years, with various states and union territories vying to create a conducive environment for entrepreneurs to flourish. In a significant recognition of its efforts, 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). The award was announced on National Startup Day in New Delhi, and it is a testament to the coordinated efforts of the government and ecosystem stakeholders in promoting entrepreneurship and innovation in the state.
The award was received by Dr. Milind of the Department of Information Technology and Electronics (DITE&C) and D S Prashant of the Startup Innovation and Technology Park (SITPC). The ranking is based on a comprehensive assessment of the startup ecosystem in various states, taking into account factors such as institutional support, simplification and regulation, funding, mentorship, and capacity building. Goa’s ranking as the Best Performer in Category B is a significant achievement, considering the state’s relatively small size and limited resources compared to other states.
Minister Rohan A Khaunte credited the achievement to the coordinated efforts of the government and ecosystem stakeholders, saying that the ranking is a result of the state’s focused approach to promoting entrepreneurship and innovation. “We have been working tirelessly to create a conducive environment for startups to grow and thrive in Goa,” he said. “Our efforts to simplify regulations, provide funding and mentorship, and build capacity have paid off, and we are committed to continuing our support for the startup ecosystem.”
The DPIIT ranking is based on a thorough assessment of the startup ecosystem in each state, taking into account various parameters such as the number of startups, funding, mentorship, and innovation. The ranking is divided into three categories: Category A, which includes states with a well-developed startup ecosystem; Category B, which includes states with a developing startup ecosystem; and Category C, which includes states with a nascent startup ecosystem. Goa’s ranking as the Best Performer in Category B is a significant achievement, considering the state’s relatively small size and limited resources compared to other states.
Goa’s startup ecosystem has been growing rapidly in recent years, with a number of startups and entrepreneurs setting up base in the state. The state government has been actively promoting entrepreneurship and innovation, with initiatives such as the Goa Startup Policy, which aims to create a conducive environment for startups to grow and thrive. The policy provides various incentives and support for startups, including funding, mentorship, and infrastructure support.
The state government has also established the Startup Innovation and Technology Park (SITPC) to provide a platform for startups to innovate and grow. The SITPC provides various facilities and services, including incubation space, funding, mentorship, and networking opportunities, to support startups in their growth journey. The park has been instrumental in promoting entrepreneurship and innovation in the state, and has helped to create a thriving startup ecosystem.
In addition to the state government’s initiatives, there are also a number of private sector organizations and stakeholders that are actively promoting entrepreneurship and innovation in Goa. These include incubators, accelerators, and coworking spaces, which provide a platform for startups to network, collaborate, and access resources and funding.
The ranking of Goa as the Best Performer in Category B is a significant achievement, and it is a testament to the state’s commitment to promoting entrepreneurship and innovation. The state government’s initiatives, combined with the efforts of private sector stakeholders, have created a thriving startup ecosystem that is attracting entrepreneurs and startups from all over the country.
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 commitment to promoting entrepreneurship and innovation. The state government’s initiatives, combined with the efforts of private sector stakeholders, have created a thriving startup ecosystem that is attracting entrepreneurs and startups from all over the country. As the state continues to promote entrepreneurship and innovation, it is likely that Goa will become a major hub for startups and entrepreneurs in the years to come.
News Source: https://ascendants.in/industry_events/dpiit-ranks-goa-best-performer-category-b-startup-ecosystem/
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