Goa named Best Performer in DPIIT Category B startup ranking
The Indian 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 on National Startup Day in New Delhi, and it is a testament to the state’s commitment to fostering a vibrant and supportive environment for startups.
The award was received by Dr. Milind of the Department of Information Technology and Electronics (DITE&C) and D S Prashant of the Startup Innovation and Technology Promotion Cell (SITPC). This recognition is a result of the coordinated efforts of the government and the ecosystem, which have worked tirelessly to create a conducive environment for startups to thrive.
Minister Rohan A Khaunte credited the achievement to the collaborative efforts of the government and the ecosystem, stating that the coordinated approach has been instrumental in driving the growth of the startup ecosystem in Goa. The national startup policy assessment has recognized the state’s efforts, and this ranking is a reflection of the progress made in creating a favorable environment for startups.
Goa’s startup ecosystem has been gaining momentum in recent years, with the state government implementing various initiatives to support entrepreneurs and startups. The state has established a robust infrastructure, including incubators, accelerators, and coworking spaces, which provide resources and support to startups. Additionally, the government has introduced policies and programs aimed at encouraging innovation and entrepreneurship, such as funding opportunities, tax incentives, and mentorship programs.
The DPIIT ranking is a significant achievement for Goa, as it recognizes the state’s efforts to create a holistic ecosystem that supports startups at every stage of their journey. The ranking is based on a comprehensive assessment of the state’s startup ecosystem, including factors such as the number of startups, funding, infrastructure, and government support.
Category B of the DPIIT ranking includes states with a developing startup ecosystem, and Goa’s ranking as the Best Performer in this category is a testament to the state’s rapid progress in this area. The state’s startup ecosystem has been driven by a combination of government support, private sector investment, and entrepreneurial spirit, which has created a vibrant and dynamic environment for startups to thrive.
The recognition of Goa as the Best Performer in Category B is expected to have a positive impact on the state’s startup ecosystem, attracting more investors, entrepreneurs, and startups to the region. The state government is committed to continuing its efforts to support the startup ecosystem, with plans to introduce new initiatives and programs aimed at driving growth and innovation.
In conclusion, Goa’s ranking as the Best Performer in Category B of the DPIIT startup ecosystem ranking is a significant achievement, reflecting the state’s commitment to creating a supportive environment for startups. The coordinated efforts of the government and the ecosystem have been instrumental in driving the growth of the startup ecosystem, and this recognition is a testament to the progress made. As the state continues to innovate and evolve, it is expected to become a hub for startups and entrepreneurs, driving economic growth and development in the region.
Source: https://ascendants.in/industry_events/dpiit-ranks-goa-best-performer-category-b-startup-ecosystem/