We Hub Partners with University of Bolton to help scale its start-ups to UK region

Hyderabad, Mar 18 (FN Representative) WE HUB, India’s first and only state-led incubator by the Government of Telangana to foster and promote women entrepreneurship to start-up, scale-up and accelerate with global market access, on Thursday announced its partnership with the University of Bolton, one of UK’s top educational institutes to help scale its start-ups to the UK region. A Memorandum of Understanding (MoU) was signed by WE HUB CEO Deepthi Ravula and University of Bolton Deputy Vice-Chancellor Kondal Reddy Kandadi, in the presence of Telangana Minister for IT and Municipal Administration K Taraka Rama Rao, and Lord Tariq Ahmad of Wimbledon, Minister of State of the United Kingdom for the Commonwealth, the United Nations and South Asia, WE HUB said in a release here.

The partnership for two years will enable cross-channel expansion of WE HUB’s women entrepreneurs into the UK markets. It will also open communication with relevant ecosystem players for both parties for future collaborations, the release said. Mr Deepthi Ravula, said, “Through this partnership, we would like to create a roadmap of how Women Entrepreneurship can be scaled across countries and gives entrepreneurs access to expand to international markets and tap into resources with dedicated support from University of Bolton in the UK and WE Hub in India.” Kondal Reddy said, “Initiatives like WE Hub are investing great effort towards increasing the women participation in entrepreneurship. This partnership will enable knowledge exchange between the UK and India with a specific focus on developing women entrepreneurs and leaders for industry.”

The selected start-ups will get access to evaluate the business growth opportunities, market understanding and access to clients in the UK region. They will also derive benefits from both ecosystems enabling them to globalize their innovations rapidly. The partnership will also focus on industry development through policy interventions to encourage and support women entrepreneurs and business leaders. Lord Tariq Ahmad, who visited WE HUB and interacted with six start-ups, addressed the WE Hub team and start-ups, part of the incubation program, on how innovation is opening doors across the globe and how to break barriers even when the world is telling you cannot do something.