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July 19, 2014

Bengal to house hub for start-ups

Bengal to house hub for start-ups

The West Bengal government will allot10,000 square feet of built-up space in Salt Lake`s Sector V to NASSCOM forsetting up its first incubation centre in the eastern region.

The announcement was made by stateinformation technology minister Dr Amit Mitra at the eastern edition of the NASSCOMProduct Conclave in Kolkata.

The prospective hub, which will be aimed atmentoring start-up companies and fuelling entrepreneurship for productdevelopment, is expected to take shape within 3-6 months. It will require a stronginfrastructure back-up and is likely to draw venture capital funds, seed fundsand top names of the industry as mentors into the state.

Incidentally, software behemoth MicrosoftIndia is in the final stages of setting up a research and innovation centre inSector V to impart its expertise in IT skill training.

“Weare looking at entrepreneurial development. We accept the offer. We will give10,000 square feet ready to start with. We are also building 13 IT parks. Wewould like to request NASSCOM to help us bring IT companies into these ITparks. We want you to promote it for us,” Dr Mitra said at the conclave.

Image courtesy: Anirban Saha