The global technology company IBM is giving its resources to fresh IT firms in India by offering them different technologies and solutions free of charge. The whole thing is part of the global Entrepreneur Initiatives Program.

Under this initiative, the fresh companies can benefit from the following:

• Work side by side with scientists and technology experts from IBM Research in order to develop new technologies.

• Take advantage of dedicated IBM project managers to assist in the product development.

• Join a new social networking community to connect with other entrepreneurs and more than eight million professionals from around the world.

• Access IBM’s software portfolio, industry frameworks and other technologies through a cloud computing environment.

The computer giant, with the help of 40 venture capitalists, has initiated the process to shortlist such business ventures, which are zero to three years old, but have the potential to grow and serve global customers. Around 140 start-ups will be invited to a forum organized by IBM in order to discuss how to overcome the start-up phase.

Indian virtual offices, for example, are already being used by foreign entrepreneurs, as they are aware of the technology potential the people have there. This way they can operate from home without hiring staff or committing to a lease and yet being able to make cheap calls to India in order to communicate with their employees.

The company chief operations officers for India have stated that they already have a portfolio of offerings and solutions, but this is on an enterprise level. When it comes to smaller entities, they face a challenge. This is why they are trying to go even lower down the food chain, where innovations happen. The forum will work as an enabler for the start up companies which generally don’t have the ability to use enterprise insight.

As a matter of fact in the last years India have proven to be competitive on the freelance market by offering a very good price-quality ratio. However, their IT specialists rarely had the opportunity to develop them self out of the freelancing market. Many of them even went abroad in order to seek career opportunities. Perhaps, with the IBM initiative, one day the Indian emigrants won’t have to call India anymore to hear their families, because they will be able to return and have a great chance finding a job in a prosperous IT company.

Every great idea has a beginning.

Source: http://www.media-cn.com/ibm-invests-in-indian-outsourcing.html