Kerala Bags 'Top Performer' Honour In States' Startup Ranking 2019
Published on 14th Sept, 2020 | 1 min read
THIRUVANANTHAPURAM : Kerala has bagged the “Top Performer” honour for developing a strong start-up ecosystem for the second consecutive year in the States’ Startup Ranking 2019, announced by the Centre, recognising the state as a leader across all pillars of startup ecosystem. While four states were adjudged as the top performers last year, only Kerala and Karnataka have been selected this year, a press release said. The States’ Startup Ranking Framework 2019, prepared by the Department for Promotion of Industry and Internal Trade of the Ministry of Commerce and Industry, recognized Electronics and Information Technology Department of the state government as an institutional leader, regulatory change champion, procurement leader, incubation hub, seeding innovation leader, and scaling innovations leader. Initiatives like robust venture funding mechanism for start-ups are being implemented through the Kerala Startup Mission, the nodal agency for entrepreneurship development and incubation activities in the state. The ‘State/UT Startup Ranking Framework’ 2019 is spread across seven areas of intervention with a total of 30 action points, as compared to the 38 action points in the Previous Year State Ranking Framework.
