Uttar Pradesh-based startups are seizing the opportunity to explore business prospects in Austria, gaining valuable insights into the European startup ecosystem. The Austrian government has graciously invited startups from Uttar Pradesh to engage in a month-long collaborative initiative.
The ‘Austria-Uttar Pradesh Startup Exchange Program’ was successfully held at SSB Hall, Innovation Hub, Dr. APJ Abdul Kalam Technical University, Jankipuram Campus, Lucknow on 2nd December 2023. This program was spearheaded by the Innovation Hub, brought together about 50 startups from Uttar Pradesh and a delegation of 10 Austrian startups under the supervision of Mr. Bernd Andersson, the Deputy Trade Commissioner and Commercial Attaché of the Austrian Embassy.
Prof. Jay Prakash Pandey, Honorable Vice Chancellor, AKTU, disclosed that the Austrian team plans to select 20 startups from Uttar Pradesh. The chosen startups will receive complimentary accommodation and workspace facilities in Austria for a month, coupled with a financial grant of 2000 euros. Furthermore, the Austrian government has committed ongoing support for startups opting to prolong their stay and expand their ventures within the country.
“We are delighted to share with you that ‘United Impacts Group’ stands out as one of the startups that has engaged in discussions with the officials of the Austrian Embassy & Advantage Austria. Our team also held fruitful interactions with key players from the Innovation Hub, STPI, AKTU.”-Founder, United Impacts Group
The selection process was complemented by a comprehensive panel discussion, where startups from both Austria and Uttar Pradesh presented their innovative ideas to key officials. This roundtable discussion served as a platform for the exchange of crucial information regarding facilities, funding opportunities, strategic plans, and policies relevant to startups in both regions.
The event showcased a presentation by Software Technology Parks of India (STPI) on the Leap Ahead scheme, designed to bolster startup initiatives. Additionally, a startup founder from the university spotlighted Code Technology’s Aptech Contest during the proceedings.
Ms. Neha Jain, the Special Secretary of UPLC, provided valuable insights into the government’s schemes and funds dedicated to supporting startups. Notable figures in attendance included Mr Prabhat Ranjan, ODOP Cell, and Dr. Praveen Dwivedi, Additional Director/Officer In-Charge Software Technology Parks of India (STPI).