Odisha bags “ ” in state Startup ranking

Bhubaneswar, July : Odisha bagged the “Top Performer” award in the third edition of the Department for Promotion
of Industry and Internal Trade (DPIIT) State Startup Ranking 2021. A release issued by Union Minister of Commerce and Industry, Piyush Goyal in New Delhi on Monday said. The (DPIIT) conducted the State Startup Ranking exercise with the objective to strengthen the support of States and Union Territories that converge their efforts to holistically build their startup ecosystems. State Startup Ranking Frame work 2021 was developed as a robust and outcome-oriented exercise that targeted to achieve large-scale progress across each State and UT. The
evaluation carried out a detailed assessment of responses across 26 parameters and feedback was received from various stakeholders. The framework encouraged 31 states and union territories to work towards reducing regulations for the expansion of startups and strengthening support for the startup ecosystem. This exercise, launched in 2018, awarded Odisha for being the “Leader State” for its support to the Startup Ecosystem in 2019. In the State Start up Ranking-2021, Odisha took a leap to be accorded with the Top Performer position for instituting inclusive and holistic policies and schemes to develop entrepreneurs across every corner of the State. “Currently, we are working out on the new Odisha Startup & Innovation Policy-2022 which will be the best policy in the country, ‘ ‘ Executive Chairman, Dr Omkar Rai said on the achievement of Odisha in State Startup Ranking 2021.Startup Odisha has so far recognised more than 1300 startups out of which more than 40 per cent are led by women. To support the
startups there are 15 nodal institutions, 24 incubators and 150.

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