Goa named Best Performer in DPIIT Category B startup ranking
In a significant recognition of its thriving startup ecosystem, 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 at the National Startup Day celebration in New Delhi, where Dr. Milind of the Department of Information Technology and Electronics (DITE&C) and D S Prashant of the Startup Innovation and Technology Park of Goa (SITPG) received the honor on behalf of the state.
This achievement is a testament to the coordinated efforts of the government and the ecosystem stakeholders in promoting entrepreneurship and innovation in the state. According to Minister Rohan A Khaunte, the state’s startup ecosystem has flourished due to the collaborative approach adopted by the government, which has created a conducive environment for startups to grow and thrive.
The DPIIT’s 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. The ranking is categorized into three groups: Category A (states with a well-developed startup ecosystem), Category B (states with a developing startup ecosystem), and Category C (states with a nascent startup ecosystem). Goa’s ranking as the Best Performer in Category B is a significant milestone, indicating that the state is making rapid progress in developing its startup ecosystem.
The state’s startup ecosystem has been gaining momentum in recent years, with a growing number of startups and entrepreneurs choosing Goa as their base. The government has been actively promoting entrepreneurship and innovation through various initiatives, such as the creation of the Startup Innovation and Technology Park of Goa (SITPG), which provides infrastructure and support services to startups. Additionally, the state has been organizing various events and programs to promote entrepreneurship, such as hackathons, ideathons, and mentorship programs.
The recognition of Goa as the Best Performer in Category B is expected to further boost the state’s startup ecosystem, attracting more entrepreneurs, investors, and startups to the state. The government is committed to continuing its support for the startup ecosystem, with plans to launch new initiatives and programs to promote entrepreneurship and innovation.
The DPIIT’s ranking is also expected to have a positive impact on the state’s economy, as a thriving startup ecosystem can create new job opportunities, drive innovation, and attract investment. According to a report by the National Association of Software and Services Companies (NASSCOM), the startup ecosystem in India has the potential to create over 10 lakh jobs by 2025, with a significant contribution expected to come from states like Goa.
In conclusion, Goa’s ranking as the Best Performer in Category B in the States’ Startup Ecosystem Ranking by DPIIT is a significant achievement, reflecting the state’s commitment to promoting entrepreneurship and innovation. The government’s coordinated efforts, combined with the support of ecosystem stakeholders, have created a thriving startup ecosystem in the state. As the startup ecosystem continues to grow and evolve, Goa is poised to become a hub for entrepreneurship and innovation, driving economic growth and job creation in the state.
News Source: https://ascendants.in/industry_events/dpiit-ranks-goa-best-performer-category-b-startup-ecosystem/
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