Bhubaneswar: In the third edition of the Department for Promotion of Industry and Internal Trade (DPIIT) State Startup Ranking 2021, Odisha bagged the “Top Performer” award. Piyush Goyal, the Union Minister of Commerce and Industry, stated in a press statement released on Monday in New Delhi.
With the aim of bolstering the assistance of States and Union Territories that combine their efforts to completely create local startup ecosystems, the DPIIT undertook the State Startup Ranking exercise. A rigorous and goal-oriented exercise called the State Startup Ranking Framework 2021 was created with the intention of achieving significant progress in every State and Union territory. The study included a thorough analysis of the responses across 26 parameters and input from numerous stakeholders.
The framework pushed the 31 states and union territories to reduce barriers to startup growth and increase support for the startup environment.
Odisha was recognised as the "Leader State" for its support of the startup ecosystem in 2019 by this exercise, which was initiated in 2018.
In the State Startup Ranking-2021, Odisha made a significant improvement to be recognised as the Top Performer for implementing inclusive and comprehensive policies and programmes to foster entrepreneurship throughout the entire State.