- 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 implemented as a capacity development exercise to encourage mutual learning among all states and to provide support in policy formulation and implementation.
- A total of 22 States and 3 Union Territories participated in the exercise.
- For the purposes of Ranking, States are classified into 5 Categories: Best Performers, Top Performers, Leaders, Aspiring Leaders and Emerging Startup Ecosystems.
- The States’ Startup Ranking Framework 2019 has 7 broad reform area, 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.
