Startups in Goa
Startups in Goa refers to businesses being generated out of technology innovation and incubation centers operational or planned in Goa. While startups in the region have gained some momentum in recent years, there have been concerns raised about shortcomings faced by them.
Government policy and 2020 proposed policy
Goa launched its startup policy on April 28, 2018.[1] It promises creating "at least 100 successful startups" in five years, which it said would generate jobs for 5,000, and develop "a minimum 2,00,000 lakh sq ft area for technology innovation and incubation centers" in the same period.[1]
In July 2020, media reports noted that the Goa start-up policy was "set to lapse" in 2020, and the state had started working on "a revamped policy that will address regulatory bottlenecks and enhance funding avenues for startups."[2]
Issues and challenges faced
There have also been hints of issues facing start-ups in Goa, including over infrastructure, ease (or lack of ease) of doing business, and the state's ability to build a corruption-free environment. Some in the field have pointed to the need for "reliable internet providers in the state, who offer good internet speeds at reasonable prices".[3] Members of the Goa IT Professionals (GITP), a group of IT experts many of whom trace their roots or education to Goa but who have had to work outside the region due to a lack of sufficient opportunity there, have also raised concerns. This has emerged on the GITP WhatsApp discussion groups or in its press statements. The GITP has called for a quick implementation of official promises.[4] While Goa has been praised for being "among the handful of states to have achieved 100 percent rural electrification and boasts one of the best models of broadband penetration in the country", there have been concerns voiced about both efficiency of electrical supply[5] and also Internet accessibility especially in areas away from the larger towns and urban areas.[6]
Incubator at Verna
The Verna-based Centre for Innovation and Business Acceleration or CIBA is "a technology business incubator based in Goa and Mumbai supporting and nurturing startup companies by providing services such as incubation, modern office spaces, mentoring, networking opportunities, seed funding and rapid prototyping" [7] CIBA says it "creates a creative, innovative and a friendly startup culture to host future ready enterprises."[8]
References
- ↑ 1.0 1.1 "Union Minister Suresh Prabhu Launches Goa Startup Policy". Inc42 Media. 2018-04-28. Retrieved 2018-06-23.
- ↑ "New startup policy for Goa on anvil". The Times of India. July 3, 2020. Retrieved 2020-10-20.
- ↑ "Goa Is Going Cashless Effective December 31, 2016; Would Become India's First Cashless State!". Trak.in - Indian Business of Tech, Mobile & Startups. 2016-11-30. Retrieved 2020-10-20.
- ↑ Sequeira, Newton (August 13, 2020). "Goa's IT stakeholders welcome telecom policy, call for quick implementation". The Times of India. Retrieved 2020-10-20.
- ↑ "New supply project set to resolve South power woes". The Times of India. August 20, 2020. Retrieved 2020-10-21.
- ↑ Sequeira, Newton (October 19, 2020). "Goa: Family ties internet router to tree for son's online classes". The Times of India. Retrieved 2020-10-21.
- ↑ "CIBA | Entrepreneurship in Goa | Startups in Goa | Innovation". www.ciba.org.in. Retrieved 2018-06-22.
- ↑ "CIBA | Incubation centre in Goa | Entrepreneurship in goa". www.ciba.org.in. Retrieved 2018-06-22.
External links
- List of Goa startups
- List on startupgoa.org
- 91springboard co-working location Archived 2018-06-23 at the Wayback Machine
- Design Valley Co-working Space in Goa from Mozaic Archived 2018-06-23 at the Wayback Machine
- CIBA Goa, co-working and business incubation Archived 2018-06-23 at the Wayback Machine
- Co-working spaces in Goa Archived 2018-06-23 at the Wayback Machine
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