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IBM Accelerates Startup Growth; Provides Platform for Budding Entrepreneurs

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As part of IBM’s ongoing commitment to foster innovation among entrepreneurs, IBM announces its ‘Smart Camp KickStart’ event in Bangalore, India on July 25, 2012. This event, part of IBM’s Global Entrepreneur Program, will bring together entrepreneurs, venture capitalists, academic leaders and experienced mentors with innovative ideas that can help to build a Smarter Planet.

The KickStart events are a new component to the SmartCamp program this year. These events are day-long versions of the full SmartCamp that focus on a particular topic or industry. The winner from the Bangalore KickStart event will have the chance to participate in the Asia SmartCamp, being held in Beijing in September. The winner of the event in Asia will further participate in the IBM SmartCamp global finals.

“SmartCamp 2012 is a program designed to leverage top tier mentor networks in support of building

strong city communities, which are globally connected to help build a Smarter Planet. IBM SmartCamp 2011 was a huge success with active participation from entrepreneurs, mentors and capitalists alike. This year too promises to be another challenging, yet exciting year for budding entrepreneurs and the key to that is Innovation,” said Karthik Padmanabhan, Country Manager - ISV & Developer Relations, IBM Software - India/ SA. Through this initiative, IBM wants to help the next generation of entrepreneurs capture emerging business opportunities in fast-growing industries such as energy, utilities, health care, and telecommunications.

At SmartCamp 2011, ConnectM – a Bangalore headquartered company, specializing in “Energy Efficient Telecommunication” were declared winners. By winning their local SmartCamp competition, they earned a spot in the finals to go head-to-head with the best in the world at the IBM Global SmartCamp Finals.

IBM Global Entrepreneur and IBM SmartCamp is an international program to support and promote early stage technology entrepreneurs. SmartCamp is about building communities and is run in partnership with partners from the investment, education and entrepreneur sectors. IBM offers selected companies a 3-month mentorship program and opportunity to engage with top tier investors and accelerators.

In 2012, there are 13 IBM SmartCamp KickStart events including Miami, New York City, Munich, Bangalore, Sydney, Tel Aviv, Moscow, Paris, Istanbul, London, Cape Town, Mexico City and Dublin. Winning companies from these events will have the opportunity to participate in one of the four regional SmartCamp events in Boston, Beijing, Berlin and Sao Paolo. The winners of the SmartCamp events will further move on to participate in the 2012 Global Finals.

To participate in IBM Global Entrepreneur, aspiring startups are invited to apply to SmartCamp Bangalore at :https://www-304.ibm.com/partnerworld/wps/servlet/ContentHandler/isv_com_smp_startup_start

 

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