Goa named Best Performer in DPIIT Category B startup ranking
The state of Goa has achieved a significant milestone in its startup ecosystem, being 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 at the 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 Directorate of Information Technology and Electronic (DITE&C) along with D S Prashant of the Startup Innovation and Technology Park (SITPC). This recognition is a result of the state’s dedication to creating a conducive environment for startups to thrive, and it is expected to further boost the growth of the startup ecosystem in Goa.
Minister Rohan A Khaunte credited the achievement to the coordinated efforts of the government and ecosystem stakeholders, stating that the award is a result of the state’s commitment to promoting entrepreneurship and innovation. During the national startup policy assessment, Goa’s startup ecosystem was evaluated based on various parameters, including the number of startups, funding, mentorship, and infrastructure. The state’s performance in these areas was found to be impressive, earning it the top spot in Category B.
The DPIIT’s States’ Startup Ecosystem Ranking is an annual exercise that aims to evaluate the performance of states in promoting startups and entrepreneurship. The ranking is based on a comprehensive framework that takes into account various parameters, including the number of startups, funding, mentorship, and infrastructure. The ranking is divided into three categories: Category A, Category B, and Category C, based on the population of the states.
Goa’s ranking as the Best Performer in Category B is a significant achievement, considering the state’s relatively small size and population. The state has been actively promoting its startup ecosystem, with various initiatives and programs aimed at supporting entrepreneurs and innovators. The government has established the Startup Innovation and Technology Park (SITPC) to provide infrastructure and mentorship support to startups, and the state has also launched various funding schemes to support early-stage startups.
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 and entrepreneurs to the state, and it may also lead to increased funding and investment in the ecosystem. The state government is expected to build on this momentum, with plans to launch new initiatives and programs to further support the growth of the startup ecosystem.
In recent years, Goa has emerged as a popular destination for startups and entrepreneurs, with its relaxed atmosphere, beautiful beaches, and relatively low cost of living making it an attractive location for those looking to start or grow a business. The state has a growing community of startups, with a focus on areas such as technology, tourism, and sustainability.
The state government has been actively promoting the startup ecosystem, with various initiatives and programs aimed at supporting entrepreneurs and innovators. The government has established the Goa Startup Policy, which provides a framework for supporting startups and promoting entrepreneurship in the state. The policy includes various incentives and benefits, such as funding, mentorship, and infrastructure support, to help startups grow and succeed.
In addition to the government’s efforts, there are also several private sector organizations and initiatives that are supporting the growth of the startup ecosystem in Goa. These include incubators, accelerators, and coworking spaces, which provide a range of services and support to startups, including funding, mentorship, and networking opportunities.
Overall, the recognition of Goa as the Best Performer in Category B is a significant achievement, and it reflects the state’s commitment to promoting entrepreneurship and innovation. The state government’s efforts to support the startup ecosystem, combined with the private sector’s initiatives, have created a thriving environment for startups to grow and succeed. As the startup ecosystem in Goa continues to grow and evolve, it is likely to have a positive impact on the state’s economy and society, and it may also serve as a model for other states to follow.
In conclusion, the ranking of Goa as the Best Performer in Category B is a testament to the state’s dedication to promoting entrepreneurship and innovation. The state’s startup ecosystem is thriving, with a growing community of startups and a range of initiatives and programs aimed at supporting them. As the state continues to build on this momentum, it is likely to become an even more attractive destination for startups and entrepreneurs, and it may also serve as a model for other states to follow.
News Source: https://ascendants.in/industry_events/dpiit-ranks-goa-best-performer-category-b-startup-ecosystem/
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