Kerala has been recognised as the best performer in the fourth edition of the States’ Startup Ranking (2022) of the Union Ministry of Commerce and Industry, announced in New Delhi on Tuesday.
According to Kerala Startup Mission CEO Anoop Ambika, the State was chosen as a top performer in the first three editions of the ranking, but the best performer ranking this year is an acknowledgement of its efforts towards developing a strong start-up ecosystem in the State.
The State has been ranked the best performer along with Karnataka, Tamil Nadu, Himachal Pradesh and Gujarat. Nine States have been classified as emerging ecosystems. Some of the key factors pointed out for Kerala’s top ranking include institutional support to start-ups, students, and women entrepreneurs through knowledge dissemination.