World news story
GREAT Tech Rocketships initiative 2016
Inviting innovative tech startups to take a ‘RocketShip to the UK’.
The Great Tech Rocketships Initiative (GTRS) 2016 is back again – only bigger and better. It is all set to introduce high-potential tech companies from India to the best in the UK.
The initiative was started last year with the intent to provide a platform to startups with innovative and disruptive ideas that have the potential to scale up globally.
If you think you have the potential to grow overseas, or are looking to expand globally, the GTRS initiative may just be the platform to help you explore global markets.
RocketShips to the UK - an initiative by UK-India Tech Bridge, with UK Trade and Investment (UKTI), and iSPIRT - is tailor made for startups with impressive and unique ideas that can be transformed into fast-moving and hyper-growth ‘rocketships’ globally.
UK is an excellent platform for Indian companies to get access to the right exposure and a wide gamut of resources that can assist them to go global. It is the number one destination for FDI in Europe, having attracted a record number of FDI projects, bringing in the largest financial value and associated jobs over the past year. It has a vast pool of experienced industry leaders, veterans, venture capitalists and mentors that can provide the right direction to startups to establish a firm footing abroad.
Networking plays a pivotal role in fast-tracking the growth of a startup. Platforms like GTRS can provide startups global connections that are otherwise not easy to develop. Good mentoring and access to vital resources can be a great help for early-growth stage companies, and this is exactly what the GTRS initiative aims to help accomplish.
The winners of this program will get a fully paid week-long trip to UK where they will get a chance to interact with world class investors, local entrepreneurs, policy makers, accelerators and incubators. There will be a guided tour of Tech City, Europe’s most vibrant innovation hub and science tech-park, where they can network with like-minded entrepreneurs, start-ups, research scholars and pioneering companies, explore the local entrepreneurship eco-system in the country and identify opportunities to scale up their business in the global level.
All participants shortlisted in round two will get a detailed feedback and assessment report from Applyifi. Moreover, the Top 10 finalists will be invited to join a mentoring program, where they will get advice and inputs from experienced entrepreneurs and investors.
Last year, close to 300 startups had sent their nominations for this coveted Program, of which 61 ideas were shortlisted after thorough screening by our prestigious jury, and 5 of them were declared the winners after a round of presentations at Demo Nights held across 5 Indian cities, viz., Delhi, Bangalore, Pune, Hyderabad and Chennai. The winners (Agrima Infotech, Congruent, Frilp, ToneTag and Talview) spanned diverse sectors and got a chance to visit UK to explore expansion opportunities.
If you think you have it in you to make it to the coveted list of startups that’ll head to UK, fill up our application form and explain why you think your company is ready for the UK global adventure. The shortlisted applicants will be invited to pitch to a panel of experts at various locations - Bangalore, Chennai, Mumbai and Gurgaon.
The last date for applications is 31 January 2016.
For more follow UKTI India on LinkedIn and @UKTI_India and hashtags #GREAT4Collaboration #ifnotnowthenwhen on Twitter
Stuart Adam, Head,
Press and Communications
British High Commission, Chanakyapuri
New Delhi 110021
Tel: 44192100; Fax: 24192411
Mail to: Deepti Soni