Goa named Best Performer in DPIIT Category B startup ranking
The startup ecosystem in India has been thriving in recent years, with various states and union territories making significant contributions to the growth of this sector. In a recent development, 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 at the National Startup Day in New Delhi, and it is a testament to the coordinated efforts of the government and the ecosystem in Goa.
The award was received by Dr. Milind of the Directorate of Information Technology and Electronics (DITE&C) along with D S Prashant of the Startup Innovation and Technology Park of Goa (SITPG). This recognition is a significant milestone for the state of Goa, which has been working tirelessly to create a conducive environment for startups to thrive. The state government has been taking various initiatives to promote entrepreneurship, innovation, and job creation, which have yielded positive results.
Minister Rohan A Khaunte credited the coordinated government and ecosystem efforts behind this achievement during the national startup policy assessment. He emphasized that the state government has been working closely with various stakeholders, including startups, incubators, and accelerators, to create a vibrant ecosystem that supports the growth of startups. The government has also been providing various incentives, such as funding, mentorship, and infrastructure support, to help startups overcome the challenges they face during their early stages.
The DPIIT ranking is based on a comprehensive assessment of the startup ecosystem in each state and union territory. The assessment takes into account various parameters, such as the number of startups, funding, innovation, and job creation. The ranking is divided into three categories: Category A, Category B, and Category C, based on the level of development of the startup ecosystem in each state or union territory. Goa’s ranking as the Best Performer in Category B is a significant achievement, as it reflects the state’s commitment to promoting entrepreneurship and innovation.
The startup ecosystem in Goa has been growing rapidly in recent years, with a large number of startups operating in various sectors, such as technology, healthcare, and education. The state government has been providing support to these startups through various initiatives, such as the Goa Startup Policy, which was launched in 2017. The policy provides various incentives, such as funding, tax exemptions, and infrastructure support, to help startups grow and thrive.
In addition to the government initiatives, there are also several private sector organizations and incubators that are supporting the growth of startups in Goa. These organizations provide mentorship, funding, and networking opportunities to startups, which help them to overcome the challenges they face during their early stages. The state is also home to several coworking spaces and incubators, which provide a collaborative environment for startups to work and grow.
The recognition of Goa as the Best Performer in Category B in the DPIIT ranking is a significant achievement, as it reflects the state’s commitment to promoting entrepreneurship and innovation. The state government’s efforts to create a conducive environment for startups to thrive have yielded positive results, and the state is now recognized as a hub for startups in the country. The award is also a testament to the coordinated efforts of the government and the ecosystem in Goa, which have worked together to create a vibrant startup ecosystem.
In conclusion, the ranking of Goa as the Best Performer in Category B in the DPIIT ranking is a significant achievement for the state. The state government’s efforts to promote entrepreneurship and innovation have yielded positive results, and the state is now recognized as a hub for startups in the country. The award is a testament to the coordinated efforts of the government and the ecosystem in Goa, which have worked together to create a vibrant startup ecosystem. As the startup ecosystem in Goa continues to grow and thrive, it is likely that the state will become a major hub for startups in the country, and will make significant contributions to the growth of the Indian economy.
The recognition of Goa as a hub for startups is also likely to attract more investment and talent to the state. The state government’s initiatives to promote entrepreneurship and innovation have created a conducive environment for startups to thrive, and the state is now recognized as a destination for startups and entrepreneurs. The ranking of Goa as the Best Performer in Category B in the DPIIT ranking is a significant achievement, and it is likely to have a positive impact on the state’s economy and startup ecosystem.
As the startup ecosystem in Goa continues to grow and thrive, it is likely that the state will become a major hub for startups in the country. The state government’s efforts to promote entrepreneurship and innovation have yielded positive results, and the state is now recognized as a destination for startups and entrepreneurs. The recognition of Goa as the Best Performer in Category B in the DPIIT ranking is a significant achievement, and it is a testament to the coordinated efforts of the government and the ecosystem in Goa.
News Source: https://ascendants.in/industry_events/dpiit-ranks-goa-best-performer-category-b-startup-ecosystem/
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