Hotline: 1800 102 2007
X
Search Business Opportunities
2014-09-04

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

The company is planning to extend the programme to cover 25 start-ups, seeing response to the initial phase.

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
  • Others Dealers And Distributors
    About Us: Forsch is premium engine oil and lubricant brand headquatered..
    Locations looking for expansion Karnataka
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Banglore Karnataka
  • Bakery & Confectionary
    About: Started in 2003 Kabhi B Bakery + Patisserie the retail..
    Locations looking for expansion Gujarat
    Establishment year 1996
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Roman Island enjoys emphatics store presence in abundance in Dubai,..
    Locations looking for expansion Andhra Pardesh
    Establishment year 2011
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 600-1000 sq. ft. - Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Hyderabad Andhra Pardesh
  • About Us: English Pillars Edu Comp is a registered ISO certified..
    Locations looking for expansion Punjab
    Establishment year 2002
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Amritsar Punjab
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts