UK's Milton Keynes has a new startup incubator in town. IT firm Tech Mahindra has recently launched InnovateMK that will be closely working with technology startups.

InnovateMK is an initiative sponsored by Tech Mahindra and Lividia Ltd, striving to drive in more and more innovation activity in the Milton Keynes area. The area has for long become a hot stop for startup activity in a variety of sectors- including automotive technologies and digital services.

According to a statement released by Tech Mahindra announcing the launch, the startup incubator plans to support more than 50 entrepreneurial ventures in the region over the period of next two years.

The main idea behind setting up InnovateMK is that anyone with an innovative mind can become an entrepreneur. Globalisation, automation and digitisation have drastically changed the work place and economy in the 21st century. The incubator strongly believes that everyone irrespective of what background they come from should have an equal access to a career trajectory defined by what all they can do, create and ship- not just who or which corporate they are employed with.

Having members such as CAPE (Community Action Platform for Energy), crowd, scholics, livida and Fat Pencil etc., InnovateMK has been built for innovators who work with disruptive technologies. The incubator boost of a range of services, facilities and world class technology businesses for startups, innovators and entrepreneurs to connect to and partner with.

The incubator currently comes with two different packages: While the £99/Mth Entrepreneurs Support Package gives 10 days per month in the innovation facility, mentor access, connectivity and Founders community access, the second package is a £199/Mth Residents Package which gives 5 Days per week access along with other amenities and facilities.

InnovateMK is looking to support local entrepreneurs and startups in the area by providing an easy access to several crucial resources required by a startup to grow and flourish. This includes an access to key entrepreneurial events, vibrant co-working centre, and several networking and mentoring events within the investment community, along with ways to market their ideas and products.

According to a statement by InnovateMK, Milton Keynes has emerged as a numero uno choice for startups outside of London. It also added, that for the sixth consecutive year, the annual index of economic performance has ranked Milton Keynes as the top city in the United Kingdom for jobs growth.

In addition to InnovateMK, Tech Mahindra is also one of the partners closely working on integrating solutions across a connected ecosystem of Smart City centred initiatives through the Milton Keynes area.

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