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Gujarat Best State In Providing Strong Ecosystem For Startups: DIPP Ranking

Department of Industrial Policy and Promotion (DIPP) has awarded Gujarat as the best performer in Start-up Ranking 2018. Other states ranked top performers were Karnataka, Kerala, Odisha, and Rajasthan.

On the basis of performance in these categories, the States have been recognised as the Best Performer, Top Performers, Leaders, Aspiring Leaders, Emerging States and Beginners, as follows:

Best Performer

Gujarat

Top Performers

Karnataka, Kerala, Odisha, and Rajasthan

Leaders

Andhra Pradesh, Bihar, Chhattisgarh, Madhya Pradesh, and Telangana

Aspiring Leaders

Haryana, Himachal Pradesh, Jharkhand, Uttar Pradesh, and West Bengal

Emerging States

Assam, Delhi, Goa, Jammu & Kashmir, Maharashtra, Punjab, Tamil Nadu, and Uttarakhand

Beginners

Chandigarh, Manipur, Mizoram, Nagaland, Puducherry, Sikkim, and Tripura

“Gujarat government’s consistent efforts and iconic initiatives for supporting start-ups are recognized at the national level,” said Gujarat Chief Minister Vijay Rupani in a tweet on Thursday.

As per DIPP’s statement, it has begun the ranking exercise since January 2016 and on Thursday, it announced the results for the first ever States’ Start-up Ranking 2018 at an event in New Delhi.

“State has all ingredients to create an entrepreneurial ecosystem, be it government support, entrepreneurial spirit, best co-working space, market or internal funding. We are increasingly seeing examples here in Gujarat where industries have started sharing their problem statement with start-up ecosystem and with this soon we will see more and more real-time industry accepted start-up solutions in the market,” said Jaimin Shah, Chairman, Domestic Council Nasscom.

“It is a host of smaller initiatives that systematically work to make the life of startups easier here in Gujarat, which really has a major impact, and contribute to pushing Gujarat ahead of other States,” said Anupam Jalote, CEO of iCreate, a public-private partnership (PPP) incubator venture by Gujarat government.

Last year, the central government designated iCreate as one of the organisations that will facilitate the Centre’s India-Israel Innovation Bridge initiative by hosting startups from both the countries.

“Apart from a large incubation infrastructure and funding, we also provide access to world’s top class ecosystem of Israel’s like Technion, Startup Nation Central, and Israeli Innovation Authority and cutting-edge technology access thru the CISCO IoT Lab at iCreate. We are working now to create similar US-India Innovation bridge initiative,” adds, Parag Amin, Co-founder, and Chief Mentor, iCreate.We are working now to create similar US-India Innovation bridge initiative,” adds, Parag Amin, Co-founder, and Chief Mentor, iCreate.

The criteria for ranking states have been based on identifying leaders across various categories such as start-up policy leaders, incubation hubs, seeding innovation, scaling innovation, regulatory change champions, procurement leaders, communication champions, North-Eastern leaders and hill state leader.

Based on these categories, the states have been recognized as the Best Performer, Top Performers, Leaders, Aspiring Leaders, Emerging States and Beginners. Where Gujarat ranked as Best, while Karnataka, Kerala, Odisha & Rajasthan were ranked as Top.

Bihar, Andhra Pradesh, Chhattisgarh, MP, and Telangana were ranked as Leaders, Haryana, HP, Jharkhand, UP and West Bengal as Aspiring Leaders, Assam, Delhi, Goa, J&K, Maharashtra, Punjab, TN and Uttarakhand as Emerging start-up states, while start-up Beginners ranking were given to Chandigarh, Manipur, Mizoram, Nagaland, Puducherry, Sikkim and Tripura.

“The ranking is the result of government's excellent focus on achieving policy objectives, involving experts, academic institutions and other stakeholders. It also shows the benefits that direct Gujarat government intervention can create startup ecosystem for the nation,” said Mayank Patel, CEO, Cradle, Entrepreneurship Development Institute Of India (EDII).

According to DIIP, the key objective of the exercise was to encourage states and Union Territories to take proactive steps towards strengthening the startup ecosystems in their states.

Source : ET Rise

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