Hyderabad: T-HUB and Canadian company Communitech announced a call-for applications from Canadian start-ups to explore the Indian market. The Global Bridge programme will provide entrepreneurs, startups and scale-ups from Canada, a gateway to the Indian market. T-Hub and Communitech signed a Memorandum of Understanding during Canadian Prime Minister Justin Trudeau’s visit to India earlier this year.
T-Hub will invite applications from Canadian startups and scale-ups to extend its expertise in scaling their operations in India. Founded by Communitech, Canadian Digital Media Network (CDMN) will enable it connect to the network of 26 innovation organisations across Canada for the Global Bridge program.
Mr Jay Krishnan, CEO, T-Hub said, “The Global Bridge is a shining example of how key ecosystems, that have great investment potential and an exploding market, can come together. This is an opportunity for India and Canada to strengthen their partnership and facilitate innovations. Canadian startups will benefit from the vast market, while India will receive technology solutions in critical areas such as sustainability and healthcare.”
Selected companies will receive two and a half months of virtual coaching and access to resources, followed by three weeks in the market. Companies will receive up to $4000 CAD, to help offset travel and accommodation costs that will be reimbursed by CDMN.
“Our government recognises that fast-tracking innovation in a globally connected world is about establishing new gateways and partnerships that will accelerate ideas, innovate and compete in global markets. Co-innovation and growing a stronger ecosystem that unlocks new talent will enhance global opportunities between Canada and India and create good middle-class jobs” said Bardish Chagger, Leader of the Government in the House of Commons and Minister of Small Business and Tourism.
