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Press Trust of India New Delhi
o promote domestic start-up companies, state-run Software Technology Parks of India (STPI) will sponsor over 100 such new age IT firms during the three-day CeBit India exhibition, which is scheduled to begin from October 29 in Bengaluru.
"We are collaborating with CeBit to promote start-ups. Last year, we sponsored 127 start-up companies and looking for similar number this year as well," STPI Director General Omkar Rai told PTI.
He said that STPI has written to states for nominating best start-up companies from their territory and they will be then shortlisted by STPI.
"Start ups are not required to pay anything. STPI will spend around Rs 50 lakh... Around 10 start-ups were able to make to the show in Hannover where Prime Minister Narendra Modi had also visited," Rai said.
Hannover Milano Fairs organised CeBit show in Germany.
Around 450 firms are expected to participate in CeBit India, which included major participation from STPI, Hannover Milano Fairs India Managing Director Mehul Lanvers-Shah said.
"We are expecting 10 per growth in CeBit India participation and even we are seeing traction from foreign companies. Last year 25 countries participated in the show. This year we have 27 with participation increasing from Taiwan, China, Germany and Canada," Shah said.
News Source : http://www.business-standard.com/article/companies/stpi-to-sponsor-over-100-start-ups-for-cebit-show-115100400149_1.html
October 4, 2015 Last Updated at 11:32 IST
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STPI to sponsor over 100 start-ups for CeBIT show
Start ups are not required to pay anything; STPI will spend around Rs 50 lakh
Press Trust of India New Delhi
o promote domestic start-up companies, state-run Software Technology Parks of India (STPI) will sponsor over 100 such new age IT firms during the three-day CeBit India exhibition, which is scheduled to begin from October 29 in Bengaluru.
"We are collaborating with CeBit to promote start-ups. Last year, we sponsored 127 start-up companies and looking for similar number this year as well," STPI Director General Omkar Rai told PTI.
He said that STPI has written to states for nominating best start-up companies from their territory and they will be then shortlisted by STPI.
"Start ups are not required to pay anything. STPI will spend around Rs 50 lakh... Around 10 start-ups were able to make to the show in Hannover where Prime Minister Narendra Modi had also visited," Rai said.
Hannover Milano Fairs organised CeBit show in Germany.
Around 450 firms are expected to participate in CeBit India, which included major participation from STPI, Hannover Milano Fairs India Managing Director Mehul Lanvers-Shah said.
"We are expecting 10 per growth in CeBit India participation and even we are seeing traction from foreign companies. Last year 25 countries participated in the show. This year we have 27 with participation increasing from Taiwan, China, Germany and Canada," Shah said.
October 4, 2015 Last Updated at 11:32 IST
This Blog helps you to have a better understanding of STPI scheme, export of IT & software and software services including Information Technology (IT) enabled services/ Bio- IT And other export promotion scheme of Government of India.
You are requested to join STPI Blog for the latest updates, news, RBI guidelines for exporters, FEMA Regulations and other related information.
Become Follower of Our Blog - http://stpi-scheme.blogspot.com/
Join Facebook Group of STPI -
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