Goa named Best Performer in DPIIT Category B startup ranking
The startup ecosystem in India has been gaining momentum over the past few years, with various states and union territories working towards creating a conducive environment for entrepreneurs to grow and thrive. 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 Electronic (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 promote innovation and entrepreneurship. The Minister of Information Technology, Rohan A Khaunte, credited the achievement to the coordinated efforts of the government and the ecosystem, stating that the state’s startup policy has been instrumental in creating a favorable environment for startups to grow.
The DPIIT ranking is based on a comprehensive assessment of the startup ecosystem in various states and union territories. The ranking takes into account several parameters, including the number of startups, funding, mentorship, and infrastructure. Category B includes states with a developing startup ecosystem, and Goa’s ranking as the Best Performer in this category is a significant achievement.
Goa’s startup ecosystem has been gaining momentum over the past few years, with the state government launching several initiatives to promote innovation and entrepreneurship. The state has established a number of incubators, accelerators, and coworking spaces, which provide a platform for startups to grow and thrive. The government has also launched several programs to provide funding and mentorship to startups, including the Startup Goa scheme, which provides financial assistance to startups in the state.
The ranking is also a testament to the state’s focus on creating a favorable business environment. The government has implemented several reforms to simplify the process of setting up and running a business in Goa, including the introduction of a single-window clearance system. This has made it easier for entrepreneurs to start and operate a business in the state, which has contributed to the growth of the startup ecosystem.
The recognition of Goa as the Best Performer in Category B is also expected to attract more investors and startups to the state. The state’s proximity to major cities like Mumbai and Bengaluru, combined with its favorable business environment, makes it an attractive destination for entrepreneurs. The state government is also working to promote Goa as a hub for startups, with a focus on sectors like technology, tourism, and renewable energy.
The achievement is also a result of the efforts of the startup community in Goa, which has been working tirelessly to promote innovation and entrepreneurship. The state is home to a number of startup events, conferences, and meetups, which provide a platform for entrepreneurs to network and learn from each other. The community has also been instrumental in providing mentorship and support to startups, which has helped to create a vibrant ecosystem.
In conclusion, Goa’s ranking as the Best Performer in Category B in the States’ Startup Ecosystem Ranking by DPIIT is a significant achievement. It is a testament to the coordinated efforts of the government and the ecosystem, and it highlights the state’s focus on creating a favorable environment for startups to grow and thrive. The recognition is expected to attract more investors and startups to the state, and it is a significant milestone in the development of the startup ecosystem in Goa.
As the startup ecosystem in Goa continues to grow and evolve, it is likely that the state will become a hub for innovation and entrepreneurship in the country. The government and the ecosystem must continue to work together to promote the state as a destination for startups, and to provide the necessary support and resources for entrepreneurs to succeed.
The future of the startup ecosystem in Goa looks bright, with the state government committed to promoting innovation and entrepreneurship. The recognition of Goa as the Best Performer in Category B is a significant achievement, and it is a testament to the state’s potential to become a leading hub for startups in the country.
Source: https://ascendants.in/industry_events/dpiit-ranks-goa-best-performer-category-b-startup-ecosystem/
About the Author
