Not Delhi, Karnataka or Maharashtra, this state has India's best startup ecosystem

Image source : Pixabay Image source : Pixabay Jan 18, 2024 Abhishek Yadav

Gujarat has retained its position as the 'Best Performer' startup state in India, according to the 2022 States Startup Ranking released on National Startup Day 2024.

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Since 2018, Gujarat has consistently bagged the 'Best Performer' award, showcasing a model state startup ecosystem.

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The state has implemented initiatives like the GVFL Startup Fund for early-stage startups, capacity-building programs for government departments, and tailored incentives and schemes.

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Gujarat is recognized as a capacity-building pioneer, funding leader, procurement forerunner, sustainability promoter, incubation hub, mentorship champion, innovative leader, and institutional champion.

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Other states in the 'Best Performer' category following Gujarat include Karnataka, Kerala, and Tamil Nadu.

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Karnataka, a top performer, has launched Young Entrepreneurship Programs, supported women entrepreneurs under the Elevate Women program, and focused on renewable energy, sustainability, climate change, and rural impact.

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The States Startup Ranking encompasses five categories: Best Performers, Top Performers, Leaders, Aspiring Leaders, and Emerging Startup Ecosystems.

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Maharashtra leads the 'Top Performer' category, followed by Odisha, Punjab, Rajasthan, and Telangana.

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Leaders include Andhra Pradesh, Assam, Madhya Pradesh, Uttar Pradesh, and Uttarakhand, showcasing continuous efforts to build effective startup ecosystems.

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Aspiring Leaders are Bihar and Haryana while Emerging Ecosystems include Chhattisgarh, Delhi, and Jammu & Kashmir, each working towards developing their startup ecosystem.

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