December 20, 2018
A National Report on the States’ Startup Ranking 2018 has been released detailing Startup India, the ranking framework, capacity development of states, feedback and future roadmap
On the basis of performance, the participating 27 states and three UTs were recognised as the Best Performer, Top Performers, Leaders, Aspiring Leaders, Emerging States and Beginners
51 officers from states and union territories have been identified as “Champions”, who have made significant contributions towards developing their state’s startup ecosystem
The states’ startup ranking is expected to boost local manufacturing and innovation, job creation, while attracting financing and collaborative initiatives from private and foreign entities.
Gujarat has come up as the best performer in India’s first ever states’ startup ranking, according to an official announcement in December 20. The 2018 ranking, which is led by the Department of Industrial Policy and Promotion (DIPP), is the result of an exercise that started in January 2016. Following Gujarat, Karnataka, Kerala, Odisha and Rajasthan have been ranked as the top performing states. The ranking identified states as leaders across various categories, such as startup policy leaders, incubation hubs, seeding innovation, scaling innovation, regulatory amendment champions, procurement leaders and communication champions, as well as northeastern leader, and hill state leader.
On the basis of performance, the states were recognised as the Best Performer, Top Performers, Leaders, Aspiring Leaders, Emerging States and Beginners, as follows:
Meanwhile, 51 officers from states and union territories have been identified as “Champions”, who have made significant contributions towards developing their state’s startup ecosystem. The key objective of the exercise was to encourage states and UTs to take proactive steps towards strengthening the startup ecosystems in their states. The methodology has been aimed at creating a healthy competition among the states, while also driving them to share and co-develop innovations, resources and best practices to build future startup enterprises. The move is also expected to local manufacturing, job creation, while attracting financing and collaborative initiatives from private and foreign entities.
Awareness workshops in all Indian states, training with leading incubators, pairing of states for intensive mentoring, international exposure visits to US and Israel and intensive engagement between the states with Startup India team have helped many states initiate effective measures to support startups. The DIPP consulted all stakeholders of the startup ecosystem and came up with seven key reform areas as the basis of the states’ startup ranking framework. A total of 27 states and three UTs participated in the exercise. Evaluation committee comprising independent startup experts assessed the responses across various parameters. Many parameters involved getting feedback from beneficiaries.