Tech start-ups to benefit from India/NSW deal

NSW and India have entered a two-year partnership to provide support for young entrepreneurs and tech start-ups.

The $1.58 million partnership was announced by Premier Gladys Berejiklian, and is designed to enhance the start-up, technology and advanced manufacturing sectors.

Berejiklian made the announcement in Mumbai at accelerator Zone Startups and said it will allow NSW entrepreneurs and technology businesses access to new markets, talent and knowledge.

The funds will be used to send NSW young entrepreneurs and start-ups to India to learn from the country’s best and brightest, to support commercial connections between start-ups in NSW and India, and to foster collaboration on advanced technology projects.

“NSW is Australia’s start-up and technology capital and this partnership will ensure our industries grow alongside one of the world’s most dynamic technology markets,” Berejiklian said.

“Our state is home to 44% of the nation’s start-up founders and 40% of the information and communications technologies (ICT) industry.

“This important partnership will allow us to learn from India’s best and brightest so that we can create the smart jobs of the future.

“This partnership will provide NSW businesses with incredible access to some of the best entrepreneurs and technology experts in the world and I look forward to seeing the results over the next two years.”

The Premier is in India on a trade mission visiting Mumbai and New Delhi during 16–19 April.

Image credit: ©stock.adobe.com/au/ra2 studio

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