Kerala has bagged the “Top Performer” honor for developing a strong start-up ecosystem for the second consecutive year in the States’ Startup Ranking 2019, announced by the Centre, recognizing the state as a leader across all pillars of the startup ecosystem.
The States’ Startup Ranking Framework 2019, prepared by the Department for Promotion of Industry and Internal Trade (DPI) of the Ministry of Commerce and Industry, recognized the 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.
The key objective of the exercise is capacity building, and to further the spirit of entrepreneurship in the Indian Startup Ecosystem. 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.
The framework provides the guidelines to support the implementation of action points along with good practices against each action point. The State Ranking Framework aims to evaluate States/UTs in a balanced and transparent manner and has thus made documentary evidence of compliance on action points by the State/UT Government a prerequisite for the collection of feedback. Scoring was then done on the basis of the feedback received.