This Hyderabad facility is going to be the world's largest startup incubator
Advertisement
Advertisement
Exactly a year after inauguration, The size of the new facility will make it not only India’s but infact the world’s largest incubator, making it at par with Anne Higaldo’s ambitious ‘Halle Freyssinet’ in Paris, also spread over 3,50,000 square feet.
“The second phase of T-Hub's catalyst building, when opened in 2018, will be the largest such facility in the world. There are many international entrepreneurs, including a few from Israel, who are interested in joining the startup ecosystem in Hyderabad,” revealed
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
T-Hub, which operates in a public-private partnership with the government of Telangana and three academic institutions (IIIT-H, ISB and NALSAR) recived an investment of Rs 180 crores for the new facility. Telangana Chief Minister K Chandrashekhar Rao is reportedly going to lay the foundation of the building.
Additionally, Krishnan also stated that T-Hub is in the process of creating a technology-driven ‘Sandbox’ which will act as a support system and include a high-end
Advertisement
The super-computer is likely to be made available to startups and entrepreneurs by March next year. The estimated cost of building the super-computer would range between Rs 5 crores and Rs 25 crores.
From now on, T-Hub will also start following a ‘cluster-based approach’ when it comes to managing deal flows for the startups that work out of their Gachibowli facility. Startups will now be segregated startups based on their stages (Idea, Early, Seed) and the verticals they are working on. There will also be a review every six-months to ascertain their progress.
Advertisement
- Stock markets stage strong rebound after 4 days of slump; Sensex rallies 599 pts
- Sustainable Transportation Alternatives
- 10 Foods you should avoid eating when in stress
- 8 Lesser-known places to visit near Nainital
- World Liver Day 2024: 10 Foods that are necessary for a healthy liver