Innovate wants to encourage UK SMEs to engage globally in developing new partnerships and market opportunities
Innovate UK has announced the 11 entrepreneurs who will join the innovation agency on its Connected Cities trade mission to India between 6-12 November.
The companies will be aiming to break into the multi-billion pound smart cities market in India. The companies will attend the high-profile India-UK Tech Summit in New Delhi, visit other cities including Pune and Kochi and pitch to potential customers, partners and investors.
The Mission is a joint initiative between Innovate UK, the Department for International Trade, Enterprise Europe Network, and Future Cities Catapult and will form part of a series of UK-India missions organised by DIT to tie in with the India-UK Tech Summit.
Announcing the companies at Innovate 2016 in Manchester, Ruth McKernan, chief executive of Innovate UK said: “It is vital that UK innovators look to engage globally in developing new partnerships and market opportunities. The size of the opportunity from the Indian smart cities market is immense with £24 billion investment expected across 100 cities over the next five to seven years.
“UK small businesses are very well placed to take advantage of this market, and this is why we are running our next entrepreneurs’ mission to India and the India-UK Tech Summit.”
Peter Madden, CEO at Future Cities Catapult said: "At Future Cities Catapult we support high-growth businesses to innovate city-wide solutions. By supporting UK entrepreneurs to participate in Indian trade missions, we’re increasing the export potential of these UK SMEs and at the same time helping Indian cities tackle the challenges of a rapid urbanisation.”
The companies which will be taking part in the Connected Cities Entrepreneurs’ Mission are:
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