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 on National Startup Day in New Delhi, and it is a testament to the coordinated efforts of the government and the ecosystem stakeholders in promoting entrepreneurship and innovation in the state.
The award was received by Dr. Milind of the Department of Information Technology and Electronics (DITE&C) along with D S Prashant of the Startup Innovation and Technology Policy Cell (SITPC). This achievement is a result of the state’s focus on creating a conducive environment for startups to grow and flourish. The ranking is based on a national startup policy assessment, which evaluates the performance of states across various parameters such as institutional support, funding, mentorship, and market access.
According to Minister Rohan A Khaunte, the achievement is a result of the coordinated efforts of the government and the ecosystem stakeholders. “We are thrilled to receive this recognition, which is a testament to our commitment to promoting entrepreneurship and innovation in Goa,” he said. “Our government has been working closely with the startup ecosystem to create a supportive environment, and this ranking is a validation of our efforts.”
The DPIIT ranking is a prestigious recognition of the state’s efforts to promote startups and entrepreneurship. The ranking is based on a comprehensive assessment of the startup ecosystem, including factors such as the number of startups, funding, mentorship, and market access. The ranking also takes into account the state’s policy framework, institutional support, and infrastructure for startups.
Goa’s startup ecosystem has been growing rapidly in recent years, with a number of incubators, accelerators, and coworking spaces coming up in the state. The state government has also launched several initiatives to promote entrepreneurship and innovation, including the Goa Startup Policy, which provides a range of incentives and support to startups.
The Goa Startup Policy aims to create a vibrant startup ecosystem in the state, with a focus on promoting innovation, entrepreneurship, and job creation. The policy provides a range of incentives, including funding, mentorship, and market access, to startups in the state. The policy also aims to create a network of incubators, accelerators, and coworking spaces to support startups.
The recognition of Goa as the Best Performer in Category B is a significant achievement, and it is expected to further boost the state’s startup ecosystem. The ranking is expected to attract more startups and investors to the state, and it is likely to create new opportunities for entrepreneurship and innovation.
In addition to the state government’s initiatives, the startup ecosystem in Goa is also supported by a number of private sector organizations, including incubators, accelerators, and coworking spaces. These organizations provide a range of services, including funding, mentorship, and market access, to startups in the state.
The startup ecosystem in Goa is also supported by a number of educational institutions, including universities and colleges. These institutions provide a range of programs and courses in entrepreneurship, innovation, and startup management, which helps to create a pipeline of talented entrepreneurs and innovators.
Overall, the recognition of Goa as the Best Performer in Category B is a significant achievement, and it is a testament to the state’s commitment to promoting entrepreneurship and innovation. The state’s startup ecosystem is expected to continue to grow and flourish, and it is likely to create new opportunities for entrepreneurship, innovation, and job creation.
In conclusion, the ranking of Goa as the Best Performer in Category B is a significant recognition of the state’s startup ecosystem. The state’s focus on creating a conducive environment for startups to grow and flourish has paid off, and it is expected to attract more startups and investors to the state. The recognition is also a testament to the coordinated efforts of the government and the ecosystem stakeholders in promoting entrepreneurship and innovation.
News Source: https://ascendants.in/industry_events/dpiit-ranks-goa-best-performer-category-b-startup-ecosystem/