BT Partners TechHub for Users New Applications on Superfast Broadband
The UK technology giant that is BT partners TechHub.
New business start-ups can create new applications and services utilising Super-Fast Broadband.
Based on the BT Infinity Lab programme, this partnership is to be present London Tech City. It will now be facilitated, supported and encouraged business to create new applications and services that can be marketed alongside existing products from BT that are offered to its large market based on UK households.The way it will work, is that the winners Entrepreneurs/Business Start-ups receive six month support relating to Research & Innovation, engineering, legal and marketing. Furthermore, BT is to support further development and/or trial of the winning solutions. Also Business Start-ups accepted into the programme receive membership of TechHub.
In practice BT does not make a cash investment, or takes equity or intending to acquire IPR from the winning entrants, it appears that is simply interested in co-innovating with new solutions from Start-ups and its selected groups of their existing customers.
A BT Infinity Lab competition briefing is on the 22nd October 2013.
Feel free to add your comments to this post, thank you.
In practice BT does not make a cash investment, or takes equity or intending to acquire IPR from the winning entrants, it appears that is simply interested in co-innovating with new solutions from Start-ups and its selected groups of their existing customers.
A BT Infinity Lab competition briefing is on the 22nd October 2013.
Feel free to add your comments to this post, thank you.
