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foundercontact – One Step Ahead in Closing Business Gaps

10-05-2006 06:53 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: foundercontact

The foundercontact Business Network Goes India

The foundercontact Business Network Goes India

A Promising New Joint Venture

foundercontact, the international business network from the UK, and the Indian consultancy Symphisis have created a new joint venture, foundercontact India. This is foundercontact’s first start into a separate international venture after its start in the Netherlands.

Up to today, 3,500 international investors, from Venture Capital companies to Business Angels, are united in foundercontact’s major online platform www.foundercontact.com together with entrepreneurs from many countries and all kinds of businesses. From now on, as CEO, André Maljaars reports, various national foundercontact platforms will follow. The next ones in a number of European countries are already in preparation.

Major argument for entrepreneurs to join foundercontact by a membership is that at a negligible annual subscription fee most helpful assistance is provided. First, entrepreneurs can attract potential investors to their business projects, but very important is that they have access to one of the best tools to create a professional business plan. It needs to be understood that many projects do not find the necessary funds, since the business plans presented do not meet international standards and expectations of banks and investors.

The decision to expand to India first comprises a combination of numerous reasons. On one hand, India is one of the quickest developing market places in the world, on the other hand, everything is huge in India: The labour force of 496 million people is approximately equivalent to the total number of inhabitants of the European Union, and there are at least as many entrepreneurs as in the EU. Therefore the potential for the foundercontact’s business idea is enormous. foundercontact considers its approach to the exciting Indian market as a substantial progress. It represents a courageous top-down endeavour, which contradicts the usual expansion from small to big markets.

André Maljaars: "I'm thrilled about the opportunities ahead of us. Today we signed a deal and landed at India - country of 1 billion people and 1 billion opportunities. At foundercontact we are building the premium online marketplace for entrepreneurs and investors only. Our presence in India is very important to our future success as we expect many business opportunities in linking Indian entrepreneurs to Europe and the rest of the world."

Vivek Kalyan and André Maljaars expect a very quick development for foundercontact India attracting several thousand Indian entrepreneurs to become new subscribers in the next months, since India is discovering the opportunities in Europe in large since a few years.

Klaus Oestreicher

International Strategic Consultants Agency
Reisacher Weg 7, 91257 Pegnitz
Ansprechpartner: Klaus Oestreicher
Telefon: 49-(0)9241 - 808 2850
Fax: 49-(0)9241 - 808 2851
Email: contact-isca@email.de
www.the-isca.com

foundercontact is a leading international business network, which has created a unique concept, to link entrepreneurs and investors. CEO André Maljaars and his team have discovered that there are two significant groups of companies; one represents companies having great business opportunities, future-oriented plans and ideas facing difficulties to start them, since it has become difficult to interest banks for support. The other group are investors, from Venture Capital organisations to business angels, who are looking to finance promising ideas, which are often enough out of the box.

Hence a unique platform was created under the brand of foundercontact, www.foundercontact.com, which has already attracted several thousands of members. The target-oriented tools of this platform provide many, steadily growing services to both parties of members and allow meeting and exchanging confidentially their ideas and expertise with the objective to offer a place where offerings and demand are meeting.

Symphisis Consulting started in 2005 and has expanded in very little time to an internationally operating consultancy in the IT & BPO industry. Its founder, Vivek Kalyan is one of the well-trained and educated Indian specialists, who owns not only a number of university degrees, but as well a long proven track record in practice. He personalises one of the reasons, which made the Indian IT-industry famous around the world. As a strong organiser and focused sales specialist he has guided Symphisis Consulting to support companies in the US- and the European markets in its first year.

www.foundercontact.com

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