- News byStream
Telangana T-Hub Inaugurated
The first T-Hub, the start-up incubator of Telangana has been inaugurated by Tata Sons Chairman Emeritus Ratan Tata and Governor ESL Narasimhan.
The incubator, the largest in the country for start-ups, is located at the International Institute for Information Technology (IIIT) at Gachibowli, and offers 70,000 sq feet area with infrastructure to start-ups willing to pay a fee to use the facility.
The T-Hub is a unique public-private partnership between the government of Telangana, three academic institutes-IIIT-H, ISB and National Law University, Nalsar- and key private sector leaders.
The Indian School of Business and National Law University are also mentoring the incubator.
At least 140 start-ups are expected to start at the Catalyst facility and will get a minimum of six months times to establish themselves after which they will move out to allow freshers to come in.
“The Government wont interfere in the functioning of the T-hub and will function independently. It will be a model incubator when the second phase is also completed. The second phase will be set up with another Rs 150 crores and the facility will offer over 3 lakh sq feet space,” said Telangana IT Minister K T Rama Rao.
T-Hub is designed to support technology-related start-ups, and its mission is to catalyse the creation of one of the tightest and most vibrant entrepreneur communities in the world in order to encourage and fuel more start-up success stories in India.
T-Hub hopes to attract the best start-ups and entrepreneur organizations from across the world to Hyderabad.
“We are anchoring the entire Telangana start-up ecosystem with India’s largest building dedicated entirely to entrepreneurs, a state-of-the-art 70,000 square foot building called Catalyst. T-Hub’s vision and execution capabilities, coupled with industry and academia support will drive economic and social prosperity through entrepreneurship, and make T-Hub a vital node in the network of global innovation hubs. Together, we will fuel Hyderabad’s rise to become one of the top tech start-up cities in the world,’’ said Rao.
“Located on the IIIT-H Campus, the sprawling world-class building will bring the Hyderabad start-up community together by providing a platform for entrepreneurs, mentors, investors and academia to interact and collaborate. By connecting start-ups to top mentors, investors, organizations and academia, T-Hub will help every entrepreneur realize their dream,” he added further.
Another big development in the procedure of JEE Mains exam, attendance at the exam centers will be taken through ...
Almost every B-School aspirant is worried about the fee structure of MBA courses. If you are preparing for B-School ...