Nasdaq-listed Progress Software opens start-up incubator in India

Nasdaq-listed Progress Software Corporation to start a global incubator programme for start-up companies, according to the report by Business Line. The company is first testing the waters in India to launch the Pacific Incubator programme to encourage the early-stage start-ups to work on business applications built on Progress solutions. Besides providing work space for the selected early-stage start-ups, the programme also gives them the company’s Pacific platform to build their solutions.

The company is planning to extend the programme to cover 25 start-ups, seeing response to the initial phase. “They will get seats in the same space we are operating. Those interested in developing business solutions in cloud, mobile-based applications can join the fray. We have just called for applications. We will screen them and hope to start the programme in November,” Ramesh Loganathan, Vice-President (Products) and Managing Director, Progress Software India, told Business Line.

Progress engineers will mentor start-ups and provide them with access to markets. The Progress Pacific Incubator program will be extended to local universities as well. Progress President and Chief Executive Officer Philip Pead had earlier indicated that its India Development Centre would support application development projects for start-ups using the Pacific platform.

Related opportunities

Tea And Coffee Chain

Pokket Café

POKKET Café offers its customers a daily escape from big..

Locations looking for expansion Maharashtra

Establishment year 2013

Franchising Launch Date 2022

View Detail

Investment size Rs. 20lakh - 30lakh

Space required 800

Franchise Outlets -NA-

Franchise Type Unit

Headquater PUNE Maharashtra
Others Entertainment & Leisure

6DOF STUDIO

Join our next-gen metaverse revolution with Virtual reality cricket. Our flagship..

Locations looking for expansion Tamil nadu

Establishment year 2023

Franchising Launch Date 2023

View Detail

Investment size Rs. 2lakh - 5lakh

Space required 200

Franchise Outlets -NA-

Franchise Type Unit

Headquater Chennai Tamil nadu
Gems And Stones

Khanna Gems

Khanna Gems is a vertically integrated organization focused completely on..

Locations looking for expansion Delhi

Establishment year 1987

Franchising Launch Date 2020

View Detail

Investment size Rs. 30lakh - 50lakh

Space required 200

Franchise Outlets -NA-

Franchise Type Unit

Headquater New delhi Delhi
Activity Centres, Day Care & Creches

CRESTE KID

Creste has the best community for children. It gives a..

Locations looking for expansion Uttar pradesh

Establishment year 2020

Franchising Launch Date 2023

View Detail

Investment size Rs. 10000 - 50000

Space required 1200

Franchise Outlets -NA-

Franchise Type Unit

Headquater Lucknow Uttar pradesh