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). This prestigious award was announced at the 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 Department of Information Technology and Electronics (DITE&C) along with 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 stakeholders in Goa, who have been working tirelessly to promote entrepreneurship and innovation in the state. Minister Rohan A Khaunte credited the achievement to the collaborative efforts of the government and the ecosystem, stating that the state’s startup policy has been instrumental in creating a conducive environment for startups to grow and thrive.
The States’ Startup Ecosystem Ranking is an initiative of the DPIIT, which aims to rank states based on their performance in promoting startup ecosystems. The ranking is done across several parameters, including institutional support, ease of doing business, funding, and innovation. 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 growing rapidly in recent years, with several incubators, accelerators, and coworking spaces coming up in the state. The government has also been actively promoting entrepreneurship and innovation through various initiatives, including the Goa Startup Policy, which was launched in 2017. The policy provides several incentives and benefits to startups, including funding, mentorship, and tax exemptions.
The state has also been actively promoting innovation and entrepreneurship through various events and programs, including hackathons, ideathons, and startup summits. These events provide a platform for startups to showcase their ideas and products, and to connect with investors, mentors, and other stakeholders.
The recognition of Goa as the Best Performer in Category B is a significant milestone for the state’s startup ecosystem. It is a testament to the hard work and dedication of the government, ecosystem stakeholders, and startups, who have been working together to create a thriving startup ecosystem in the state.
The award is also expected to have a positive impact on the state’s economy, as it is likely to attract more startups and investors to the state. The recognition of Goa as a hub for startups is expected to create more jobs and opportunities for the youth, and to contribute to the state’s economic growth.
In conclusion, the ranking of Goa as the Best Performer in Category B in the States’ Startup Ecosystem Ranking is a significant achievement for the state. It is a testament to the coordinated efforts of the government and the ecosystem stakeholders, who have been working together to promote entrepreneurship and innovation in the state. The recognition is expected to have a positive impact on the state’s economy, and to create more opportunities for startups and entrepreneurs.
As the startup ecosystem in Goa continues to grow and thrive, it is likely to attract more attention from investors, mentors, and other stakeholders. The state’s recognition as a hub for startups is expected to create more jobs and opportunities for the youth, and to contribute to the state’s economic growth.
The government and ecosystem stakeholders in Goa are committed to continuing their efforts to promote entrepreneurship and innovation in the state. With the recognition of Goa as the Best Performer in Category B, the state is likely to become a model for other states to follow, and to play a significant role in promoting startup ecosystems across the country.
News Source: https://ascendants.in/industry_events/dpiit-ranks-goa-best-performer-category-b-startup-ecosystem/
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