Goa named Best Performer in DPIIT Category B startup ranking
The Indian state of 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 on National Startup Day in New Delhi, and it is a testament to the state’s thriving startup ecosystem. The award was received by Dr. Milind of the Directorate of Information Technology, Electronics, and Communication (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 the performance of states across various parameters such as institutional support, ease of doing business, funding, and innovation. Goa’s achievement is a result of the coordinated efforts of the government and the ecosystem, which have worked together to create a favorable environment for startups to grow and thrive.
Minister Rohan A Khaunte credited the coordinated government and ecosystem efforts behind the achievement, stating that the state’s focus on creating a supportive ecosystem for startups has paid off. He emphasized that the government has been working tirelessly to provide the necessary infrastructure, funding, and mentorship to startups, and this ranking is a recognition of those efforts.
Goa’s startup ecosystem has been gaining momentum in recent years, with a growing number of startups and entrepreneurs setting up shop in the state. The government has been actively promoting the state as a startup hub, with initiatives such as the Goa Startup Policy, which aims to create a favorable environment for startups to grow and thrive. The policy provides various incentives and benefits to startups, including funding, tax breaks, and mentorship.
The state has also been investing in infrastructure development, with the creation of startup parks and incubators, such as the Startup Innovation and Technology Park (SITPC), which provides a platform for startups to work, collaborate, and innovate. The park offers a range of facilities, including office space, funding, and mentorship, and has become a hub for startup activity in the state.
Goa’s ranking as the Best Performer in Category B is a significant achievement, as it recognizes the state’s efforts to create a supportive ecosystem for startups. The state’s focus on innovation, entrepreneurship, and job creation has paid off, and it is now seen as a model for other states to follow.
The DPIIT ranking is based on a comprehensive assessment of the startup ecosystem in each state, and it takes into account various parameters such as the number of startups, funding, innovation, and job creation. The ranking is divided into three categories: Category A, Category B, and Category C, with Category A being the top-performing states, and Category C being the states that need to improve their startup ecosystem.
Goa’s ranking in Category B is a significant achievement, as it indicates that the state has made significant progress in creating a supportive ecosystem for startups. The state’s focus on innovation, entrepreneurship, and job creation has paid off, and it is now seen as a model for other states to follow.
The award is not only a recognition of Goa’s achievement but also a motivation for the state to continue working towards creating a world-class startup ecosystem. The government and the ecosystem will continue to work together to provide the necessary support and infrastructure to startups, and to promote the state as a startup hub.
In conclusion, Goa’s ranking as the Best Performer in Category B in the States’ Startup Ecosystem Ranking by DPIIT is a significant achievement, and it is a testament to the state’s thriving startup ecosystem. The coordinated efforts of the government and the ecosystem have paid off, and the state is now seen as a model for other states to follow. The award is a motivation for the state to continue working towards creating a world-class startup ecosystem, and to promote the state as a startup hub.
News Source: https://ascendants.in/industry_events/dpiit-ranks-goa-best-performer-category-b-startup-ecosystem/
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