The state of Goa failed to find a position in the State Startup Ranking 2019 released by the Department for Promotion and Industry and Internal Trade (DPIIT), Ministry of Commerce, despite being home to approximately 100 local startups. The startup ranking list include a total of 22 states and 3 union territories.
“The State of Goa does not find itself in the ranking list as it did not participate in the ranking exercise”, a source from the Startup Promotion Cell said. He further said the Goa could not apply for the ranking framework conducted by the DPIIT as it was included among large states placed in the X category. The state government had even written to the DPIIT to consider the size and population of Goa and change its category from X to Y for better evaluation.
The same issue was also raised during the Global VC Summit of Startup India held in December 2019. The ranking exercise was conducted by officials of DPIIT in July-August 2019. All hopes for having Goa featured in the ranking list have now been directed towards the 2020 State Startup Ranking. Officials are certain that Goa would perform well considering the work done in terms of enabling the local startup ecosystem, disbursal of incentives, etc.
The 2019 Ranking list witnesses Gujarat at the top with the best startup ecosystem in India while Karnataka and Kerala are top performers. Andaman and Nicobar Islands is the top performer with respect to Union Territories.
The ranking happens to be broadly based on 7 reform areas that include 30 action points that range from institutional support to easing compliances to incubation support, relaxation in public procedures, seed funding support, venture funding support and awareness and outreach. As far as the ranking for the previous year i.e. 2018 is concerned, Goa found itself at the 15th position.
