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German-Indian start-up exchange program

German-Indian start-up exchange program
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Christian Boas

With the founding of the GINSEP, the German association Deutsche Startups e.V. strikes a bridge between India and Germany! In today’s kick-off event of the “German-Indian-Startup-Exchange-Program” GINSEP, about 100 guests from politics, media and the startup ecosystem from India and Germany were present. The parliamentary undersecretary, Dirk Wiese, from the Federal Ministry of Economics and Energy, welcomed the guests of the event in Berlin.

The GINSEP is a project of the Federal Association of German Startups, which is funded by the Federal Ministry of Economics and Energy (BMWi). The association wants to strengthen the exchange between the two startup ecosystems with the GINSEP as a neutral platform. The goal of the GINSEP is the structured networking of the Indian and German startup ecosystems. The pilot project runs first from September 2017 to August 2019. With the GINSEP, the German Federation of German Startups wants to facilitate Indian and German start-ups as well as investors access to markets and networks in the other ecosystem.

Within the framework of GINSEP, Expert workshops on the topic of internationalization and the bureaucratic and legal framework conditions in the respective target country. The workshops are organized by the German Startup Association, in close cooperation with the numerous GINSEP ambassadors in Germany and India. In order to make it easier for Indian entrepreneurs and investors to access the German market, the association is also developing a “How-to-Internationalize Guide” for Germany. This guide is intended to provide Indian founders with transparent, English-language and clear information on the German start-up ecosystem and the administrative steps of internationalization.

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