UKIBC offers start-up zone in Bangalore from July
Updated: Mar 15, 2014 01:54:27pm
Bangalore, Mar 15 (KNN) The UK India Business Council will offer a unique start-up zone at its new business centre here to help early stage British enterprises. The UKIBC centre at Koramangala in the southern Indian tech hub will be officially opened in July.
“It is the second UK India Business Centre being opened as part of a UK Government backed, business-led pan-Indian 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,” said an official release by UKIBC yesterday.
"The UKIBC has marked a major milestone (this week) 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," said UKIBC Group CEO Richard Heald.
"With the addition of Bangalore to the Gurgaon centre, and the forthcoming centre in Mumbai, UKIBC will have a geographic footprint which covers approximately 75 per cent of the country's economic activity; a robust platform from which to support British business in India," he added.
The UK India Business Centre, Bangalore, is being designed along the same multifunctional format of the Centre in Gurgaon, opened in September 2013. It will offer a full suite of market entry advisory and support services - including Launchpad, market research and intelligence, mentoring, networking, events and training - as well as facility services including cabins, desks etc.
Richard McCallum, managing director of UKIBC India Private Limited, said: "The centre will be run by a dedicated, in-house facilities management team as well as a team of market entry advisors in fields relevant to Bangalore's status as a pioneering city for digital innovation, defence and aerospace.
"The team will provide market entry support to start-ups and SMEs, and offer events, knowledge and policy insight into the market for our members," he added.
The UK government is already engaged with the state to work on initiatives such as co-funding UK start-ups with the KITVEN Fund (Karnataka Information Technology Venture Capital Fund), connecting UK and Indian innovative technology companies via IP Bridge and developing incubation linkages for entrepreneurs, according to the UKIBC.
Ian Felton, Britain's Deputy High Commissioner, Bangalore, added: "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."
In planning its entry strategy into Bangalore, the UKIBC has continued to work with its Indian Real Estate Partner, Pacific Business Centres, so as to replicate the efficient speed of travel achieved in the opening of the UK India Business Centre in Gurgaon. (KNN/SD)
“It is the second UK India Business Centre being opened as part of a UK Government backed, business-led pan-Indian 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,” said an official release by UKIBC yesterday.
"The UKIBC has marked a major milestone (this week) 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," said UKIBC Group CEO Richard Heald.
"With the addition of Bangalore to the Gurgaon centre, and the forthcoming centre in Mumbai, UKIBC will have a geographic footprint which covers approximately 75 per cent of the country's economic activity; a robust platform from which to support British business in India," he added.
The UK India Business Centre, Bangalore, is being designed along the same multifunctional format of the Centre in Gurgaon, opened in September 2013. It will offer a full suite of market entry advisory and support services - including Launchpad, market research and intelligence, mentoring, networking, events and training - as well as facility services including cabins, desks etc.
Richard McCallum, managing director of UKIBC India Private Limited, said: "The centre will be run by a dedicated, in-house facilities management team as well as a team of market entry advisors in fields relevant to Bangalore's status as a pioneering city for digital innovation, defence and aerospace.
"The team will provide market entry support to start-ups and SMEs, and offer events, knowledge and policy insight into the market for our members," he added.
The UK government is already engaged with the state to work on initiatives such as co-funding UK start-ups with the KITVEN Fund (Karnataka Information Technology Venture Capital Fund), connecting UK and Indian innovative technology companies via IP Bridge and developing incubation linkages for entrepreneurs, according to the UKIBC.
Ian Felton, Britain's Deputy High Commissioner, Bangalore, added: "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."
In planning its entry strategy into Bangalore, the UKIBC has continued to work with its Indian Real Estate Partner, Pacific Business Centres, so as to replicate the efficient speed of travel achieved in the opening of the UK India Business Centre in Gurgaon. (KNN/SD)
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