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05-09-13 - AcceleratorIndia announces collaboration to drive UK-India commercial activity

Sep 5th 2013

Cambridge/Bangalore: A new collaboration between the Bangalore Cambridge Innovation Network (BCIN) and the premier cross-border UK-India business accelerator, AcceleratorIndia, will drive deeper engagement and commercial activity between technology companies in the Cambridge and Bangalore ecosystems.

BCIN was launched in Bangalore in September 2012. Its key academic stakeholders include the University of Cambridge and the International Institute of Information Technology Bangalore (IIIT-B), Indian Institute of Science (IISC) and the National Centre for Biological Sciences (NCBS) and the other key stakeholders include the well-known Indian IT Entrepreneur Vinay Deshpande. As BCIN’s key commercial stakeholder with interests in Cambridge and Bangalore, AcceleratorIndia will work closely with companies from both cities to significantly increase the level of cross-border business activity.

RiffStream#Bangalore-II, "Digital innovations in Healthcare and Biotechnology", the event in Bangalore on 17th September that launches this collaboration will be attended by the Vice-Chancellor of the University of Cambridge, Professor Sir Leszek Borysiewicz, who is making a two-week return visit to India. He said “I am delighted how the Bangalore Cambridge Innovation Network has developed since its inception. The University of Cambridge remains firmly committed to deepening and widening its relationships through the network. I am also delighted to welcome AcceleratorIndia’s commitment to bring its cross-border innovation expertise and track record”.

Riffstream#Bangalore-II is the latest in a series of events run by AcceleratorIndia across multiple cities in India to promote cross border interactions and support UK companies that are exploring potential relationships with Indian counterparts. It will employ new ways of facilitating collaboration across the sectors, technologies and investors to generate new, innovative projects and partnerships in the Medical Devices and Medtech sectors between the UK and India.

Mr Ian Felton, British Deputy High Commissioner said, “commercialising innovative research is a priority for both India and the UK particularly on health technology. I am delighted that the Bangalore Cambridge Innovation Network is leading the way with the great support of AcceleratorIndia and the UK government network in India.”

"Considering BCIN's mandate to enable cross fertilisation and collaboration for high-end research, entrepreneurship and enterprises, it would be a great boost to have AcceleratorIndia support these activities from the Cambridge end and connect with Cambridge experts. We look forward to working with AcceleratorIndia and Cambridge experts for some substantial gains towards BCIN's mandate”, said Dr Taslimarif Saiyed, Director, Centre for Cellular and Molecular Platforms, National Centre for Biological Sciences (NCBS), Bangalore.

Dr Uday Phadke, Executive Chairman of AcceleratorIndia said “We are very pleased to bring our knowledge of the Cambridge ecosystem and our experience, to increase the level of commercial activity through cross-border innovation.”

Riffstream#Bangalore-II is supported by the Electronics Sensors and Photonics (ESP) Knowledge Transfer Network in the UK and the Science of Innovation Network (SIN) and the Centre for Cellular and Molecular Platforms, NCBS in India.

More details, including how to register and participate are available at:

http://www.riffstream.net/page/riffstream-bangalore-II

Published on 05 September 2013

Last updated: 13 May 2014