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T-Hub with Wadhwani Foundation to empower 30 incubators in India

Updated: Feb 19, 2020 12:08:57pm
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T-Hub with Wadhwani Foundation to empower 30 incubators in India

New Delhi, Feb 19 (KNN) Hyderabad-based startup incubator, T-Hub has said that it has won the Startup India and Department for Promotion of Industry and Internal Trade’s (DPIIT) bid to lead a capacity-building programme for 30 incubators in India.

The objective is to enable and empower incubators to design a world-class entrepreneur support programme that covers all aspects of incubation.

T-Hub, along with Wadhwani Foundation, will lead a programme to provide continued support and mentorship, it said in a statement on Tuesday.

"The future of incubation in India will rest on the ability to look beyond short-term gain and enable startups to pursue the path of continuous innovation," said Ravi Narayan, CEO of T-Hub.

''This programme will address the challenges faced by emerging-market incubators in their local and regional startup ecosystems and help them get on the fast-track to growth. T-Hub will bring its vast experience and expertise in running this capacity building programme for incubators in India,'' he added.

T-Hub, in consultation with Startup India, will develop a monitoring mechanism to track the progress of participant incubators during and on completion of the program.

"The incubator and startup ecosystem in emerging economies like India can benefit greatly from the process driven incubation model being used by the best incubators in the world," said Dan Kranzler, Head, Venture Fastrack, Wadhwani Foundation.

Incorporated in 2015, T-Hub has provided over 1,100 national and international startups with access to better technology, talent, mentors, customers, corporates, investors and government agencies.

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