T-Hub launches new funding program to facilitate early stage start-ups
Hyderabad, Aug 30 (KNN) In a bid to enable and empower the early stage investment ecosystem in the state of Telangana, startup incubator T-Hub announced the launch of its new funding program T-Angel.
T-Angel program is an initiative of the Government of Telangana and T-Hub to support early stage startups.
Under the T-Angel program, T-Hub would organize various initiatives to support early stage startups to get investment-ready while also enabling high net worth individuals and startup enthusiasts to explore angel investment as an asset class.
This would directly improve startups’ ability to raise capital, while providing a platform for investors to invest into early-stage startups, according to official release of T-Hub.
Talking about the program, T-Hub CEO Ravi Narayan said, “Startups in Telangana have the potential to grow rapidly, provided they raise funds at the right times. Simultaneously there are many local high worth individuals who can contribute to the growth story of start-ups by becoming an angel investor.”
The focus of the program would be to make startups funding-ready and improve their chances of success.
The program is a structured 3-month program with regular interventions through boot-camps and dedicated mentoring which would provide inputs and assistance to startups.
The intensive 3 months program will start from October 20, 2019. Application for the program is available on T-Hub’s official website till September 30, 2019.