UK India Business Council to establish start-up zone in Bangalore
Updated: Apr 15, 2014 04:08:08pm
Bangalore, Apr 15 (KNN) The UK India Business Council is planning to open a unique start up zone at its new business centre in the Koramangala area of the state capital this July.
The centre will focus on helping start-ups and host a start-up zone reflecting Koramangala area's status as the 'The New Startup Hub' within Bangalore.
The Centre will also include a dedicated and exclusive Business Lounge, a first at a UKIBC Business Centre.
The UKIBC centre in the southern Indian tech hub is the council's second base in the country as part of British government- backed and business-led pan-India network of business centres.
It will support UK companies with market entry advisory and facilities support, and be home for Bangalore-based early stage enterprises.
Its remit is similar to the first centre already operational in Gurgaon, which is to be a home away from home for Bangalore-based early stage British enterprises. In addition, there will be a special focus on helping start-ups by hosting a Start-up Zone, projecting Koramangala as the 'New Start-up Hub' within Bangalore.
Speaking at the Centre’s opening, Group CEO, UKIBC, Richard Heald said, "Today the UKIBC has marked a major milestone in the creation of a pan-India network of UK India Business Centres, by holding a pooja to mark commencement of work on its Business Centre in Bangalore; the second of six we will open in India."
"The UKIBC has the full support for its plans from the Deputy High Commission in Bangalore, UKTI, the British Business Group and from the British Council in India, as well as of Bangalore based members of the UKIBC,” Advisory Council Chair and Managing Director of Biocon Limited - Kiran Mazumdar Shaw said.
British Deputy High Commissioner, Bangalore, Ian Felton, said. "Bangalore is one of the future faces of India - hi tech, cosmopolitan and global in outlook. It is a great place for British - Indian collaboration in science, innovation, trade and cultural relations. I am delighted that the UKIBC has chosen Bangalore for its next business centre. Working closely together we will add even greater value to the expanding UK India trade relationship."
The UK government is already engaged with the State to work on initiatives such as co-funding UK start-ups with KITVEN Fund (Karnataka Information Technology Venture Capital Fund), connecting UK and Indian innovative technology companies via IP Bridge and developing incubation linkage for entrepreneurs. (KNN/SD)
The centre will focus on helping start-ups and host a start-up zone reflecting Koramangala area's status as the 'The New Startup Hub' within Bangalore.
The Centre will also include a dedicated and exclusive Business Lounge, a first at a UKIBC Business Centre.
The UKIBC centre in the southern Indian tech hub is the council's second base in the country as part of British government- backed and business-led pan-India network of business centres.
It will support UK companies with market entry advisory and facilities support, and be home for Bangalore-based early stage enterprises.
Its remit is similar to the first centre already operational in Gurgaon, which is to be a home away from home for Bangalore-based early stage British enterprises. In addition, there will be a special focus on helping start-ups by hosting a Start-up Zone, projecting Koramangala as the 'New Start-up Hub' within Bangalore.
Speaking at the Centre’s opening, Group CEO, UKIBC, Richard Heald said, "Today the UKIBC has marked a major milestone in the creation of a pan-India network of UK India Business Centres, by holding a pooja to mark commencement of work on its Business Centre in Bangalore; the second of six we will open in India."
"The UKIBC has the full support for its plans from the Deputy High Commission in Bangalore, UKTI, the British Business Group and from the British Council in India, as well as of Bangalore based members of the UKIBC,” Advisory Council Chair and Managing Director of Biocon Limited - Kiran Mazumdar Shaw said.
British Deputy High Commissioner, Bangalore, Ian Felton, said. "Bangalore is one of the future faces of India - hi tech, cosmopolitan and global in outlook. It is a great place for British - Indian collaboration in science, innovation, trade and cultural relations. I am delighted that the UKIBC has chosen Bangalore for its next business centre. Working closely together we will add even greater value to the expanding UK India trade relationship."
The UK government is already engaged with the State to work on initiatives such as co-funding UK start-ups with KITVEN Fund (Karnataka Information Technology Venture Capital Fund), connecting UK and Indian innovative technology companies via IP Bridge and developing incubation linkage for entrepreneurs. (KNN/SD)
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