Showing posts with label Technology Incubator. Show all posts
Showing posts with label Technology Incubator. Show all posts

Kejriwal Govt Setting Up T-Hub Like Startup Incubator in Delhi

Everyone in Indian startup ecosystem must be aware of T-Hub, which is India's largest technology startup incubator located in Hyderabad.

Now, after a huge success of T-Hub, Delhi government led by Arvind Kejriwal is in process of setting up a technology incubation hub on the same lines as that of T-Hub, said Delhi's Deputy Chief Minister Manish Sisodia today.

Sisodia said the Delhi government representatives will study's Telangana's T-Hub model. Notably, T-Hub is a unique public/private partnership between the government of Telangana, three of India’s premier academic institutes (IIIT-H, ISB & NALSAR) and key private sector leaders.

"On the lines of T-Hub, we are creating Delhi-Hub. We have identified land (for the project). We have several ideas ...Several incubation research projects are going on in Delhi and by incorporating all we will create Delhi-Technology hub," Delhi's Deputy CM told reporters on the sidelines of an event here.

Additionally, a delegation led by Sisodia met Telangana IT Minister K T Rama Rao in this regard.

"We will study their (Telangana's) policy and meet entrepreneurs (in T-Hub)," said Sisodia, who is also education minister of Delhi.

The above development was first reported in Outlook.

T-Hub To Soon Become World’s Largest Technology Incubator

According to Telangana’s Information Technology minister K.T. Rama Rao, T-Hub, which is currently India's largest incubator for startups, located in Hyderabad, Telangana, will soon be expanded and become world’s largest technology incubator.

Speaking at an interactive session of India Economic Summit of World Economic Forum at New Delhi on Thursday, Rao said innovators walked in with an idea and walked out with a product at T-Hub though ideas generally got nipped in the bud.

For the uninitiated, T-Hub is a unique public/private partnership between the government of Telangana, 3 of India’s premier academic institutes (IIIT-H, ISB & NALSAR) and key private sector leaders. It stands at the intersection of the start-up, academic, corporate, research and government sectors.

The incubator has a four-point long vision:

1) Attract the best start-ups and entrepreneur organisations from across the world to Hyderabad.

2) Equip innovators and organisations alike with the entrepreneurship skills required to succeed, using methodologies that transcend traditional learning.

3) Educate and promote all entrepreneurship related stakeholders in Hyderabad, including start-ups, investors, incubators and accelerators, research centres, startup resources etc.

4) Work with an extensive network of partners to help entrepreneurs launch and scale innovative companies.

Located at the IIIT-H Campus, T-Hub has a state-of-the-art 70,000 square foot building called CatalysT, the largest building in India to be entirely dedicated to entrepreneurship which helps bring the Indian startup community together.

Commenting on Centre’s ‘Startup India’ initiative, Rao shared that the main aim of an initiative like this was to encourage children in the country to innovate from a young age. It wants the common man to feel encouraged and empowered to come up with solutions for their everyday problems while making sure that money never becomes a factor.

This development was first reported in The Hindu.

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