UK to support new Startups in Kerala & promote investments

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Trivandrum: In an effort to promote its investments in India and especially, Kerala, the United Kingdom will support new Startups in the State. This was announced by Bharat Joshi, British Deputy High Commissioner to Chennai, while interacting with the media on the sidelines of the first ever Great British Festival in Kerala event in Thiruvananthapuram today.

He said that startups are largely driven by Small and Medium Enterprises and they need support. The UK Government will help start-ups by creating B2B collaborations and also partner with the Kerala Government in this endeavour.

“We also want the State Government and UK to collaborate in getting more business to Kerala. We want more UK companies to look beyond the metros and big cities and come to the tier-2 or tier-3 cities in Kerala. Currently, there are more than 10 UK companies in the IT & ITeS sector with operations in Kerala”, Bharat added.

Earlier, addressing the event that showcased the UK’s innovation and expertise in the Information & Communication Technology Sector, he said, “UK is a perfect partner to do business for Kerala and UK is here in Kerala for the long run. UK is the largest foreign investor in India and wanted to be India’s partner in growth.”

Teja Picton-Howell from Penningtons Manches LLP, UK spoke on ‘The Innovation eco-system in the UK’ covering the highlights of ICT sector, immigration laws and Intellectual Property laws in UK. “Emerging technologies like Cloud Computing, Mobile platforms, e-Commerce and Social Media / Networking offer immense potential for Indian companies to do business in UK. From two tech incubators in London in 2012 to 12 by the end of 2013 would give an idea about the flourishing startup ecosystem in UK”, he added.

Participating in a panel discussion on ‘Fostering Stronger, Deeper, Wider Partnership between UK & Kerala’, P H Kurian, Principal Secretary – IT, Government of Kerala commented that he was looking forward to collaborations and partnering with the UK industry, Universities and Institutions for the proposed ICT Academy in Kerala and also for new Electronics Design courses at the IIITM-K in Technopark, Trivandrum.

Representatives from Testhouse, UK; Scottish Development International, UK; Kloudpad, UK and NorthgateArinso, UK presented the potential opportunities to collaborate and also showcased successful case studies.

About 100 professionals attended the ICT event organised by UK Trade & Investment (UKTI). The second event of the Great British Festival in Kerala will be held on March 14 in Kochi.

Anil Philip
Kerala IT News

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