Goa named Best Performer in DPIIT Category B startup ranking
The Indian state of Goa has been recognized 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 at the 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 Directorate of Information Technology, Electronics, and Communications (DITE&C), along with D S Prashant of the Startup Innovation and Technology Park of Goa (SITPG).
The ranking is based on a comprehensive assessment of the startup ecosystem in each state, taking into account factors such as the number of startups, funding, mentorship, and infrastructure. Goa’s ranking as the Best Performer in Category B is a significant achievement, as it recognizes the state’s efforts to create a conducive environment for startups to grow and thrive.
Minister Rohan A Khaunte credited the coordinated efforts of the government and the ecosystem behind this achievement. During the national startup policy assessment, the Minister highlighted the importance of a collaborative approach in fostering a vibrant startup ecosystem. The state government’s initiatives, such as the creation of the Startup Policy, have played a crucial role in promoting entrepreneurship and innovation in Goa.
The ranking is also a reflection of the state’s emphasis on creating a favorable business environment, with a focus on ease of doing business, simplification of regulatory processes, and provision of infrastructure and funding support. The government has also established institutions such as the Goa IT Policy and the Goa Startup Policy, which provide a framework for the growth and development of startups in the state.
The recognition of Goa as the Best Performer in Category B is expected to have a positive impact on the state’s startup ecosystem. It is likely to attract more startups, investors, and entrepreneurs to the state, which will further boost the local economy. The award is also expected to encourage other states to emulate Goa’s model and create their own startup-friendly ecosystems.
The DPIIT ranking is a significant milestone for Goa, as it recognizes the state’s progress in creating a thriving startup ecosystem. The state’s focus on innovation, entrepreneurship, and job creation has paid off, and it is now being recognized as a hub for startups in the country.
The startup ecosystem in Goa is characterized by a diverse range of sectors, including technology, healthcare, education, and tourism. The state is home to a number of incubators, accelerators, and coworking spaces, which provide support to startups in the form of funding, mentorship, and networking opportunities.
The government of Goa has also launched several initiatives to promote startups in the state, including the Goa Startup Scheme, which provides financial assistance to startups, and the Goa Angel Network, which connects startups with investors. The state has also established a number of research institutions and universities, which provide a talent pool of skilled professionals who can work with startups.
In conclusion, the recognition of Goa as the Best Performer in Category B in the States’ Startup Ecosystem Ranking by DPIIT is a significant achievement for the state. It is a testament to 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. The government’s initiatives, such as the creation of the Startup Policy, have played a crucial role in promoting entrepreneurship and innovation in Goa, and the state is now being recognized as a hub for startups in the country.
As the startup ecosystem in Goa continues to grow and evolve, it is likely to attract more startups, investors, and entrepreneurs to the state. The recognition of Goa as the Best Performer in Category B is a significant milestone, and it is expected to encourage other states to emulate Goa’s model and create their own startup-friendly ecosystems.
The future of the startup ecosystem in Goa looks bright, with the state government committed to providing support to startups in the form of funding, mentorship, and infrastructure. The state’s emphasis on innovation, entrepreneurship, and job creation is expected to pay off, and Goa is likely to emerge as a major hub for startups in the country.
Source: https://ascendants.in/industry_events/dpiit-ranks-goa-best-performer-category-b-startup-ecosystem/
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