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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
- 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.
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Also Refer: Startup Ecosystem In India
News Source: Live Mint