Goa’s start-up ecosystem is thriving, with a 27% increase in DPIIT-recognized start-ups, rising from 98 in 2023 to 125 in 2024. The Ministry of Commerce reports that 22 seed stage start-ups received Rs 2.6 crore in funding since 2021. Government recognition facilitates access to crucial support schemes, notably the Fund of Funds for Start-ups (FFS), which fosters venture capital investment. Despite only two start-ups securing Rs 124.4 crore from alternative investment funds, the sector spans over 52 industries, benefiting from initiatives like Start-up Mahakumbh to enhance networking and market access. The Start-up India initiative, launched in 2016, aims to nurture innovation and investment.

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