Some of the UK's top venture capitalists will travel to India this week with hopes of bringing the country's brightest entrepreneurial talent back to the UK market.
UK Trade & Investment (UKTI), the government's support service for companies that engage in overseas trade, helped encourage British attendance at the TiEcon New Dehli 2005 conference through its Global Entrepreneurs Programme (GEP).
Led by 'Dealmakers' within the GEP, who act as a liaison between government and entrepreneurs, UKTI said the conference is an important networking forum for entrepreneurs, venture capitalists and investment bankers.
Dealmakers emphasised the need to invest now in Indian intellectual property as the country opens up, particularly to technology firms.
"More and more entrepreneurship is transferring from a regional to a global phenomenon as entrepreneurs look beyond national borders for the most attractive sources of capital, talent, market potential and guidance," said Alpesh Patel, GEP Dealmaker.
"I want to bring Indian talent and innovation to the UK. To achieve, this UK funding is required.
"There is after all no better place than the UK to base a global HQ - access to borrowing, R&D tax credits, [the Alternative Investment Market] as well as the London Stock Market."
The conference runs from 14 to 16 December.