You are here: Home » PTI Stories » National » News
Business Standard

BCC&I signs MoU with Infinity Group to boost start-ups in WB

Press Trust of India  |  Kolkata 

The Bengal Chamber of Commerce and Industry (BCC&I) Thursday signed an MoU with the Infinity Group to boost the technology and start-up ecosystem in West Bengal.

The chamber also arranged a special Japan hour to collaborate with that country with special focus on start-ups called the "Indo-Japan Start-up Hub".

"The objective is to encourage entrepreneurship and facilitate deserving potential entrepreneurs a platform to initiate Start Ups which would be a contribution to the Tech Start Up Movement of the State," said Indrajit Sen, president, The Bengal Chamber.

The Japan-India Startup Hub was established by the agreements of the governments and activities of Japan External Trade Organization (JETRO).

The Indo Japan Start-up Hub at Bengaluru began its operations in 2018.

The partnership is expected to bring unique and quality products and solutions built jointly between India and Japan at global stage, Sen said.

The Chamber has made special connect with JETRO in facilitating B2B connects especially in the realm of technology.

The Chamber is also in discussion with JETRO for collaborations on Webel-BCC&I Tech Incubation Centre to extend enabling ecosystem to incubates, said Arnab Basu, Chairperson, IT Committee, The Bengal Chamber.

West Bengal has seen enormous growth of Tech Start-ups and is now being compared with cities like Hyderabad, Chennai, Pune in terms of conducive climate for start-ups to grow and flourish, Basu said.

"It has been estimated that 53 per cent of start-ups in the state are in incubation stage. The purpose of the MoU is that IT, Technology companies, Start-ups, International Trade delegates referred by The Bengal Chamber can utilize and leverage state of art facilities of Infinity Business Centre for co-working offices, meeting rooms, conference rooms, training rooms at special rates for a mutually specified time agreed upon," he added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, June 20 2019. 21:55 IST