“The states have been graded according to six categories, which are: Beginners, Emerging States, Aspiring Leaders, Leaders, Top Performers and Best Performers. In the windup to the state-wise start up programme, knowledge exchange workshops were held in April and state representatives were taken to Silicon Valley and Israel to see their startup systems.”, said DIPP at the event.
The Start-up India initiative of the Indian government envisages to build a robust Start-up ecosystem in the country for nurturing innovation and providing opportunities to budding entrepreneurs. India being a federal nation, the States/UTs have a vital role to play in promoting the Startup ecosystem. The core functioning of an enabling ecosystem in a State/UT is a function of the framework and policy put in place along with effective implementation of the same.
In order to achieve the vision of building a strong ecosystem in India, it is imperative that collaborative and concerted efforts are undertaken by Centre and States/UTs together for effectively nurturing and supporting Start-ups for their success.