Ranking of States on Support to Startup Ecosystems

  • September 11, 2020
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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Subject: Schemes

Context:

The Results of the second edition of Ranking of States on Support to Startup Ecosystems will be released

Concept:

  • The Department for Promotion of Industry and Internal Trade (DPIIT) conducted the second edition of the States’ Startup Ranking Exercise with the key objective to foster competitiveness and propel States and Union Territories to work proactively towards uplifting the startup ecosystem.
  • It has been envisioned as a capacity development exercise to encourage mutual learning among all states and to provide support in policy formulation and implementation.
  • The States’ Startup Ranking Framework 2019 has 7 broad reform areas consisting of 30 action points ranging from Institutional Support, Easing Compliances, Relaxation in Public Procurement norms, Incubation support, Seed Funding Support, Venture Funding Support, and Awareness & Outreach.
Ranking of States on Support to Startup Ecosystems Schemes