Slovakia Start-up Hub 2018 Launches in India

Slovakia Start-up Hub 2018 Launches in India

Powered bv Indian Chamber of Commerce in the Slovak Republic

Chennal‘,22 November 2018; Slovak Republic in collaboration with the Indian Chamber of Commerce and BVK Group hosting the Slovakia Hub on 22nd & 23rd November 2018 in Chennai, India. The hub is armed at strengthening the relationship between Indian and Slovak start-up ecosystem

The Hub aims to be a dynamic and interactive Platform that will facilitate learning and development, networking, mentorship, and funding the start-ups The idea behind the Platform is to aggregate different offerings of the ecosystem and enable discovery by the right audience,

The Indian Chamber of Commerce has set the goal of supporting the development activities of mutual Slovak-Indian relations and trade between the Republic of India and the Slovak Republic as well as technical and economic cooperation between entrepreneurs of the two countries and provide information and assistance to all who choose them and their shareholders The Slovakian Republic has around 90 start-ups and has received S48.042.274 of total fundIngin the last 12 months

His Excellency Ivan Lancaric, Ambassador Extraordinary and Plenipotentiary of the Slovakia Republic to India said. “We are happy to collaborate with Indian Chamber of Commerce for the Slovakia Ho Innovation Summit 2018 This Slovakian start-up hub will aim to bring in new, unique and innovative ideas which help in addressing the challenges we face in an emerging economy like India_ We are proud to support the ‘Make in India initiative through this Summit by encouraging investments Into India and also contributing to the nation’s GDP”.

Mr. Rakesh Taurani, President of Indian Chamber of Commerce said. “The Importance and large-scale nature of the Slovakian Hub Innovation Summit 2018 is bringing the business community closer. This summit is the latest example of how we are working together to advance the promise of an increasingly digital world and the remarkable entrepreneurial skills of our people to promote economic prosperity among the business community.”

Mr. Bala V Kutti, Chairman, BVK Group stated, “Considering the global consumerism with increasing Internet penetration, the funding in marketplace for disruptive start-ups has been growing strongly, Travel industry absorbing technology at rapid pace, the Fintech start-up markets picking up with Digital Payments emerging are the key focus areas for investors. Our vision is to upgrade investments in FinTech, Renewable Energy, Branded organic Agriculture, Real Estate, Cold Storage, Biotech, Education, Hospitality & Medical Tounsm sectors across .he global marker.

slovakia Hub Innovation Summit 2018 serves as a platform bringing together various key stakeholders to deliberate and agree on ways that can effectively influence the Economic. Industrial, Educational and Social Development of the count, The Summit aims to Open uP opportunities to provide financial facilitation, guidance and assistance to entrepreneurs Established industry leaders wiN be using this platform to provide motivation and giadance to startups and budding entrepreneurs by sharing then valuable exPeriences on how they have overcome challenges.

About Slovakian Republic: Slovakia offers great advantages to foreign investors strategic locanon between East and West with great export potential, the common European currency Euro and eight lowest debt of GOP in the EU27 In 2010 Slovak economy recorded a 4% GDP growth, one of tlw highest in EU and continues to grow throughout 2017 The country enjoys positive ratings from international rating companies and gained the best positIon among the CIE cduntn.. WOO Banks Doing Business Report 2008 – 2013

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