National Startup Awards 2022

Context:  

National Startup Awards 2022: Gujarat, Kerala and Karnataka have emerged as the best-performing states in developing startup ecosystems, as per the States’ Startup Ranking 2022.

About National Startup Awards 2022

National Startup Awards

  • Objective:  To recognize and reward outstanding Startups with high potential for employment generation or wealth creation, demonstrating measurable social impact.
  • Release of Ranking: The ranking for the states and union territories has been released by the department for promotion of industry and internal trade (DPIIT) under the commerce ministry. 
  • Participating States: Total 33 states and UTs 
  • Category: five categories — best performers, top performers, leaders, aspiring leaders and emerging startup ecosystems. 
  • Best Performing States: Gujarat, Kerala, Karnataka and Tamil Nadu have ranked as best performing states in the startup ranking for 2022 based on their initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs. 
  • Top Performers: Maharashtra, Odisha, Punjab, Rajasthan and Telangana are categorized as top performers. 
  • Leaders: Andhra Pradesh, Assam, Madhya Pradesh, Uttar Pradesh, Uttarakhand, Goa, Manipur, and Tripura are categorised as ‘leader’.
  • Aspiring leaders: Bihar, Haryana, Andaman and Nicobar Islands, and Nagaland.
  • Emerging startup ecosystems: Chhattisgarh, Delhi, Jammu and Kashmir and Chandigarh, among others.

Startup India Initiative:

  • The Startup India initiative was launched on 16 January 2016 to build a strong ecosystem for nurturing innovation, boosting startups, and encouraging investments in the startup ecosystem of the country.
  • As of now, over 117,000 startups are recognized by the government.


Also Refer:
Startup Ecosystem In India

News Source: Live Mint

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