EU-India Biz incubator meet begins

Tiruchirapalli, Jun 27 (UNI) A three-day EU-India Business Incubator Conference, organised by the Tiruchirapalli Regional Engineering College and Science And Technology Entrepreneurs Park (TREC-STEP) to promote cross cultural global ventures, bagan here today.

The TREC-STEP entered into a partnership with United Kingdom Business Incubation (UKBI), German Technology Business Incubators Association (ADT) and Swedish Incubators and Science Parks (SISP) for organising the conference to provide access to new technologies, markets, capabilities and resources for budding entrepreneurial ventures in EU AND INDIA.

Titled "Business incubators network development platform for knowledge sharing and business incubation partnerships between EU and Inda," the conference is a part of a comprehensive project financially supported by the European Commission's EU-INDIA small projects facility programme and by the Department of Science and Technology.

The EU and Department of Science and Technology have contributed Rs 84 lakh and Rs 44 lakh respectively for implementation of the initiative and EU-INDIA small projects, facility programme in economic cooperation to support the ongoing transformation and modernisation of Indian Economy and Systems of Governance to enhance interaction of European and Indian Civil Societies.

About 200 Indian Business Incubator Managers and entrepreneurs, besides delegates from United Kingdom, Sweden, France and Germany were attending the conference.

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