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 thriving startup ecosystem. The recognition was received by Dr. Milind of the Directorate of Information Technology and Electronic (DITE&C) along with D S Prashant of the Startup Innovation and Technology Park (SITPC).
The announcement of Goa as the Best Performer in Category B is a result of the state’s coordinated efforts to promote a vibrant startup ecosystem. Minister Rohan A Khaunte credited the achievement to the collaborative efforts between the government and the ecosystem, which has led to the creation of a conducive environment for startups to grow and thrive. The ranking is based on the national startup policy assessment, which evaluates the performance of states in promoting startups and entrepreneurship.
The DPIIT ranking is a prestigious recognition that evaluates the performance of states across various parameters, including institutional support, simplification and regulation, funding, and incubation and industry-academia partnership. The ranking is categorized into three categories: Category A, Category B, and Category C, based on the population of the states. Goa’s ranking as the Best Performer in Category B is a significant achievement, considering the state’s relatively small size and population.
The startup ecosystem in Goa has been gaining momentum in recent years, with the state government launching various initiatives to promote entrepreneurship and innovation. The government has established the Startup Policy, which provides a framework for promoting startups and entrepreneurship in the state. The policy offers various incentives, including funding, mentorship, and infrastructure support, to startups and entrepreneurs.
The SITPC, which is a nodal agency for promoting startups in Goa, has played a crucial role in promoting the state’s startup ecosystem. The SITPC provides incubation facilities, funding, and mentorship to startups, and it has been instrumental in creating a network of startups, entrepreneurs, and investors in the state.
The recognition of Goa as the Best Performer in Category B is expected to further boost the state’s startup ecosystem. The ranking is likely to attract more startups and entrepreneurs to the state, and it will also encourage existing startups to expand and grow their operations. The state government is expected to build on this momentum, and it is likely to launch more initiatives to promote entrepreneurship and innovation in the state.
The national startup policy assessment, which is conducted by the DPIIT, is a comprehensive evaluation of the startup ecosystem in states. The assessment evaluates the performance of states across various parameters, including the number of startups, funding, and job creation. The assessment also evaluates the state’s policy framework, institutional support, and regulatory environment, among other factors.
The ranking of Goa as the Best Performer in Category B is a significant achievement, considering the state’s small size and population. The recognition is a testament to the state’s commitment to promoting entrepreneurship and innovation, and it is likely to have a positive impact on the state’s economy. The startup ecosystem in Goa is expected to continue to grow and thrive, and the state is likely to emerge as a major hub for startups and entrepreneurship in the country.
In conclusion, the ranking of Goa as the Best Performer in Category B in the States’ Startup Ecosystem Ranking by the DPIIT is a significant achievement. The recognition is a testament to the state’s thriving startup ecosystem, and it is likely to further boost the state’s economy. The state government’s coordinated efforts to promote entrepreneurship and innovation have paid off, and the recognition is expected to attract more startups and entrepreneurs to the state.
Source:
https://ascendants.in/industry_events/dpiit-ranks-goa-best-performer-category-b-startup-ecosystem/
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