T-hub: Turn your ideas into a product at Telengana
Entrepreneurial minds rejoiced when â€˜Think of an idea and leave with a productâ€™ idea was presented by KT Rama Rao, the Telangana IT minister as he introduced the world to the newest business incubator of India. The largest incubation centre of India created to provide hand-holding assistance and growth facilities to promote the entrepreneurial culture in Telangana.
Image credits: NDTV
The T-Hub made possible by pitching government and private resources of organizations such as GoT, IIIT-H, ISB & NALSAR and other key market leaders is a start-up community to take your business idea and seek like-minded people and experts from different fields to help you turn an idea in to reality.
You can join the incubation facilities and take the optimal advantage of these facilities provided to you to lead you to a successful business
- T-Hub is set to attract the best start-ups from across India and abroad to establish Hyderabad as the Indian start-up capital
- A public private partnership is formed with various private institutions and academia to form an extensive network for a better eco system
- To equip organizations and individual entrepreneurs with practical mentoring and other facilities on a single platform
- To build the entrepreneurial network for the growth of academic youth into entrepreneurs
The Telangana government introduced T-hub with the objective of promoting entrepreneurship in the society. The T-hub would help in relieving the financial burden and provide the economic support along with mentorship to new start-ups. With the goal of establishing Hyderabad as a synonymous to start-ups, a 60000 square feet state of the art square feet building called CatalysT was introduced. CatalysT is the largest building in India dedicated exclusively to promote entrepreneurship. The building is located at IIT-H campus, Gachibowli and will also act as a centre to encourage building networking in the start-ups and academia. The T-Hub restores the Telengana belief that every youth has the potential to be a future entrepreneur and aims to provide services and aid to turn their ideas, so that they can come with an idea and leave with a product.
The T-hub inaugurated by Ratan Tata works to provide the necessary incubation to help the growth of new start-ups. The phase 1 building established with the corpus of 35 crore is a 7oooo square feet building to facilitate 400 start-ups by 2017. The CatalysT building will be extended after three years. T-hub will further see a second phase in 2017 when the incubation hub will get equipped with a new campus of its own. The corpus amount of 200 crore would be dedicated to it to equip various start-ups, institutions and individuals with state of the art facilities.