Telangana CM to launch T-Hub 2.0 on June 28 to boost innovation in state

Hyderabad, June 27 (KNN) The T-Hub 2.0 will be inaugurated by the Telangana Chief Minister, K. Chandrasekhar Rao at Raidurg in Hitec City on June 28.

The T-Hub is spread over 370,000 square feet, making it the largest startup incubation centre in the world.

With an investment of more than Rs 276 crore, the facility is designed to house more than 1,500 startups.

The facility for innovation and entrepreneurship is expected to give further boost to the startup and innovation culture and give a lift to the Hyderabad innovation ecosystem.

T-Hub, the startup catalyst, was established in November 2015. It is a public private partnership between the state government and three premier academic institutes – the International Institute of Information Technology-Hyderabad (IIIT-H), the Indian School of Business (ISB), and the National Academy of Legal Studies and Research (NALSAR) University of Law.

The first phase of T-Hub was launched in 2015 at IIT-H. Housed in a 70,000 square feet space called Catalyst within IIIT-H campus, it transformed as the largest and the best technology incubator in the country.

The facility rents out office and meeting space, and offers services such as connections with mentors and investors, to startup companies.

It hosts entrepreneurs, venture capitalists, investors, mentors and advisors. Several people from top academic institutes have taken the mentor’s role.

The technology hub has impacted 1,100 startups and cohort start-ups raised Rs 1,860 crore. It also offered more than 100 exclusive programmes.  (KNN Bureau)