The Department of Industrial Policy and Promotion, DIPP has finally announced the launch of the much-awaited State startup ranking framework.
In a press conference held earlier today, DIPP shared the objective behind ranking the Indian states’ startup ecosystem as well as revealed seven pillars with 38 pointers based on which each state will be ranked in June 2018.
In October 2017, DIPP appealed stakeholders to share their feedback about the states in implementing their startup policies until March 2018.
The said stakeholders include startups, mentors, investors, accelerators, incubators and the government bodies. A feedback mechanism has been opened on the official website of Startup India.
State Startup Ranking: Objectives And The Framework
DIPP aims to foster competitiveness and propel the Indian states and Union Territories to act proactively in the startup matters. It is believed that this ranking will help states in bring to the fore the progress made in their startup ecosystem. Another objective is to make different states learn and replicate good practices.
Here are the seven Pillars assigned by DIPP for evaluating the performance of a state’s startup ecosystem.