What is T-HUB,India’s Biggest Incubation Hub for Startups!
T-HUB, Telangana – India’s Biggest Incubation Hub.
T-Hub Hyderbad,Telangana. The official T-HUB website is http://www.t-hub.co/
An informal group that includes the Directors of Hyderabad-based IIT, IIIT, BITS, ISB and industry leaders like B.V.R. Mohan Reddy, Srini Raju and J.A. Chowdary and Presidents of TiE and Hysea started an initiative called Hyderabad4Innovation (H4I) to nurture innovation and entrepreneurship in the city. H4I is also stated to have built a directory of academic incubators, social groups, research institutions and other commercial (incubators, co-working spaces, seed funds and accelerators) highlighting the support available for start-ups.
WHAT IS T-HUB?
T-Hub, a government of Telangana initiative, is India’s largest incubator for Startups.
Prestigious institutions such as IIIT Hyderabad, ISB & NALSAR are partners in the T-Hub incubator.
T-Hub is a unique partnership between the Govt. of Telangana and key stakeholders in the startup ecosystem, T-Hub’s mission is to catalyze the creation of one of the most successful and vibrant entrepreneur communities in the world, and make Hyderabad the place to be.
The T-Hub is being set up in collaboration with IIIT, Hyderabad, Indian School of Business (ISB) and NALSAR University of Law.
The phase I coming up at IIIT at a cost of Rs.35 crore will be spread over 60,000 square feet and can accommodate 400 start-ups by 2017.
The building will be used for three years.
In the second phase, to commence 2017 onwards, the centre will have its own campus over 300,000 square feet. To be built at an estimated cost of Rs.200 crore, it will house various stakeholders like start-ups, investors and service providers.
The hub will incubate 1,000 start-ups by 2020.
The minister said the fund corpus of T-Hub would be Rs.300 crore by 2017 and would double in three years.
It is expected to generate annual employment of 3,000 by 2017 and 10,000 by 2020.
The minister said ISB would provide business mentoring, IIIT technology mentoring while NALSAR would help in intellectual property and related areas.
The minister said this was one of the key initiatives of the government to make Telangana the most preferred technology investment destination in the country.
T-Hub will be a platform to accelerate the growth of technology start-ups in Hyderabad by providing them an ecosystem of quality infrastructure, mentors and fund managers.
It would be incubator of incubators which would enable all the technology incubators in the ecosystem.
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(Source: THE HINDU, Minster of IT,Telangana.)