Indian startups to get a rocket launch to UK
British High Commissioner to India, Sir Dominic Asquith, recently launched the 2017-18 TECH Rocketship Awards to an audience of entrepreneurs, venture capitalists, start-ups, and a judging panel including Saurabh Srivastava and Mohandas Pai.
The 4th edition of TECH Rocketship Awards, targeting India's top tech entrepreneurs and scale-up businesses is offering 7 prize packages to the UK. Lucky winners will receive tailored packages in the UK to help them achieve their ambitions of growth with a fully paid-for business development and partnership programme. The awards, an initiative by the UK's Department for International Trade (DIT) in India, have been running for three years and have seen endorsement from The Duke and Duchess of Cambridge, British Prime Minister Theresa May and some of biggest names in Indian business.
British high Commissioner to India, Sir Dominic Asquith KCMG said, "The UK's position as a home-from-home for Indian tech companies is as strong as ever. Nearly a third of all Indian investment into the UK is in tech and telecommunications and we are fully-committed to supporting Prime Minister Narendra Modi in his vision for 'Startup India'. The UK is open for business and through TECH Rocketship Awards we are looking to help the next batch of leading young Indian entrepreneurs scale-up and go global via the UK. The Awards provide an excellent platform for Indian SMEs to grow their business overseas by using the UK as a springboard."
This year's six award categories - Fin-tech, Med-tech, Internet of Things, Cloud Computing and Data Analytics, Cyber Security and Artificial Intelligence – reflect some of the areas of greatest potential in terms of opportunity and demand in the UK and India. These are the UK's fastest growing tech sectors and are aligned with the UK Government's technology investment priorities. This year the awards will be judged by significant Indian entrepreneurs and thought-leaders like Indian Angel Network(IAN)'s founder Saurabh Srivastava, Kiran Muzamdar Shaw, Digital India Foundation Head Arvind Gupta, NASSCOM Chairman Raman Roy, Fin-tech entrepreneur Alok Vajpeyi, Shradha Sharma founder of YourStory along with Investors like IDG Ventures and SIDBI Ventures.
Saurabh Srivastava Founder IAN said, "This platform not only provides an opportunity for Indian entrepreneurs to network and identify trade opportunities, but also gives UK based investors an access to the pool of India's most innovative businesses."
The competition winners' trip to the UK will include opportunities to pitch to UK Venture Capitalits, a programme at London Tech Week, curated partnerships with established UK companies like Harper Adams University and Sensor City and exposure to the UK's thriving tech ecosystem, financial services and R&D opportunities. They will also get a chance to spend quality time with companies across the UK.
Applications are open to Indian tech entrepreneurs under 40 in India who have been operating a company created from the year 2000 onwards. The competition is now open and will close on Midnight of December 9, 2017.