Goa named Best Performer in DPIIT Category B startup ranking
In a significant achievement, 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 in New Delhi, and it is a testament to the state’s efforts in promoting a vibrant startup ecosystem. 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 (SITPC).
The ranking is based on a national startup policy assessment, which evaluates states across various parameters such as institutional support, simplification and regulation, funding, innovation and entrepreneurship, and performance. The assessment is designed to encourage states to improve their startup ecosystems and provide a conducive environment for entrepreneurs to flourish. By being ranked as the Best Performer in Category B, Goa has demonstrated its commitment to supporting startups and fostering a culture of innovation and entrepreneurship.
According to Minister Rohan A Khaunte, the coordinated efforts of the government and the ecosystem have been instrumental in achieving this milestone. The state government has been working closely with various stakeholders, including startups, incubators, and accelerators, to create a supportive environment for entrepreneurs. The government has also implemented various initiatives and policies to promote startups, such as providing funding, mentorship, and infrastructure support.
The ranking is a significant achievement for Goa, which has been actively working to promote its startup ecosystem in recent years. The state has a growing number of startups, and the government has been providing support through various initiatives, such as the Startup Policy, which aims to create a conducive environment for startups to grow and thrive. The policy provides various incentives, including funding, tax breaks, and infrastructure support, to encourage entrepreneurs to set up and scale their businesses in the state.
The startup ecosystem in Goa is diverse, with startups operating in various sectors, including technology, healthcare, education, and sustainability. The state is home to several incubators and accelerators, which provide support to startups, including funding, mentorship, and networking opportunities. The state government has also established a Startup Council, which brings together stakeholders from the startup ecosystem to provide guidance and support to entrepreneurs.
The recognition of Goa as the Best Performer in Category B is expected to boost the state’s startup ecosystem, attracting more entrepreneurs and investors to the state. The state government is expected to continue its efforts to promote startups, with a focus on creating a supportive environment for entrepreneurs to grow and thrive. The government is also expected to work closely with stakeholders to address the challenges faced by startups, including access to funding, talent, and infrastructure.
In conclusion, the ranking of Goa as the Best Performer in Category B in the States’ Startup Ecosystem Ranking by DPIIT is a significant achievement, demonstrating the state’s commitment to promoting a vibrant startup ecosystem. The coordinated efforts of the government and the ecosystem have been instrumental in achieving this milestone, and the state is expected to continue its efforts to support startups and foster a culture of innovation and entrepreneurship.
As the startup ecosystem in Goa continues to grow and evolve, it is likely to attract more entrepreneurs, investors, and talent to the state. The state government’s initiatives and policies, including the Startup Policy, are expected to play a crucial role in promoting startups and creating a supportive environment for entrepreneurs. With its growing startup ecosystem, Goa is poised to become a hub for innovation and entrepreneurship, contributing to the state’s economic growth and development.
The recognition of Goa as the Best Performer in Category B is also expected to have a positive impact on the state’s economy, creating new job opportunities and attracting investment. The startup ecosystem in Goa is likely to contribute to the state’s GDP, with startups operating in various sectors, including technology, healthcare, and education. The state government’s efforts to promote startups are expected to yield long-term benefits, including economic growth, job creation, and innovation.
In the coming years, Goa is expected to continue its efforts to promote startups, with a focus on creating a supportive environment for entrepreneurs. The state government is likely to work closely with stakeholders, including startups, incubators, and accelerators, to address the challenges faced by startups and provide support to entrepreneurs. With its growing startup ecosystem, Goa is poised to become a leading destination for entrepreneurs, investors, and talent, contributing to the state’s economic growth and development.
News Source: https://ascendants.in/industry_events/dpiit-ranks-goa-best-performer-category-b-startup-ecosystem/
About the Author
