Govt to launch project for sharing start-up info with Netherlands
Published: May 23, 2018
By TIOLCORPLAWS News Service
NEW DELHI, MAY 23, 2018: WITH the upcoming visit to India by the Prime Minister of Netherlands, Mr Mark Rutte, ties between the two nations are set to receive a major boost across several sectors. The Dutch prime minister is expected to be accompanied by his ministers for Foreign Trade & Development Cooperation, Healthcare, Infrastructure & Water, and Agriculture & Food. He would also bring with him a trade delegation comprising of about 220 participants, thereby marking his visit as the biggest trade mission to India.
In a bid to further the spirit of innovation and entrepreneurship, Invest India (host to the Govt. of India's initiative, ‘Startup India' under the Ministry of Commerce and Industry) and the Dutch Govt would be jointly launching the Indo-Dutch StartUpLink initiative. The official launch would take place on May 25, 2018 at Taj West End Hotel, Bengaluru. The initiative would fulfil the twin objective of facilitating market expansion for startups in the two countries alongside fostering a joint sense of innovation and entrepreneurship.
The Indo-Dutch StartUpLink is developed for Indian and Dutch startups that are exploring each other's markets and offers access to key information, relevant networks, pilot opportunities, and navigators for the respective startup ecosystems. Startup India Hub under Invest India and Netherlands Enterprise Agency under the Ministry of Economic Affairs and Climate Change would act as single points of contact and navigators for their respective countries.
Clean Air India Ring, a critical component of the Indo-Dutch StartUpLink, would be launched on May 24 at the Taj Hotel, New Delhi by the Dutch PM, the Dutch Minister for Foreign Trade and Development Cooperation, Sigrid Kaag, Invest India and corporate partners. The initiative is a multi-corporate challenge that would test and scale innovations through collaboration between startups, corporates and governments by providing pilot opportunities for promising innovations that solve the problem of pollution. Indian and Dutch startups would be matched through the program to relevant corporates for the same.
As a partner for the Indo Dutch StartUpLink, Shell came on board with the aim of accelerating India's transition to a sustainable energy future. Shell has established the Shell E4 Start Hub to enable and empower energy entrepreneurs in progressing their impactful solutions. As the first energy focused startup hub in India, Shell E4 is uniquely positioned in offering startups access to infrastructure (labs + co-working space), industry knowledge, subject matter expertise, funding, global connections and brand recognition, combined with a world-class accelerator program. In addition to the core offering, Shell will meet the needs of companies entering India by helping them with market assessment, business model development, regulatory and legal support, product & service development and testing, brand strategy and visual identity development.