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Home Governance

State Startup Rankings

September 12, 2020
in Governance
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State Startup Rankings
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The Start-up India initiative of the Government of India envisages to build a robust Start-up ecosystem in the country for nurturing innovation and providing opportunities to budding entrepreneurs. The active support of State/UT Governments is crucial for achieving the overall objectives of the program. 

State Startup Rankings Parameters

  • The key objective of the exercise is to encourage States and Union Territories to take proactive steps towards strengthening the Start-up ecosystems in their states. 
  • The ‘State/UT Startup Ranking Framework’ 2019 is spread across 7 areas of intervention with a total of 30 action points, as compared to the 38 action points in the previous year State Ranking Framework
  • Framework Pillar-Number of Action Points-Area wise Score

. Institutional Support-8-25

. Simplifying Regulations-3-12

. Easing Public Procurement– 6-14

. Incubation Support-4-23

. Seed Funding Support-3-11

. Venture Funding Support-2-8

. Awareness and Outreach-4-8

State Startup Rankings

  • Gujarat and Andaman & Nicobar Islands have emerged as the best performers among states and UTs in the second edition of ranking of the startup ecosystem in the country.
  • Kerala has bagged the Top Performer honour for developing a strong start-up ecosystem for the second consecutive year in the States’ Startup Ranking 2019.
  • While four states were adjudged as the top performers last year, only Kerala and Karnataka have been selected this year.
  • Kerala has taken several exemplary initiatives in establishing institutional support for women-led startups, including pre-incubation support, special subsidies and seed funding.
  • Leaders: Maharashtra, Bihar, Odisha, Rajasthan, Chandigarh
  • Aspiring Leaders: Punjab, Telangana, Uttarakhand, Jharkhand, Haryana
  • Emerging Startup Ecosystems: Chhattisgarh, Uttar Pradesh, Tamil Nadu, Sikkim, Nagaland, Mizoram, Madhya Pradesh, Assam
  • The State Ranking Framework has made documentary evidence of compliance on action points by the State/ UT Government a prerequisite for collection of feedback. Scoring was then done on the basis of the feedback received.
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Source: Livemint & PIB
Tags: Prelims

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