Hyderabad set to become Huge Hub for Entrepreneurs


As a part of improving IT industry and providing excellent job opportunities to young people, Telangana Government has come up with a new innovative project in the form of T-Hub building.  Candidates, those who have dreams and interests to develop her business, T-Hub will be main center for those.


    The newly formed Telangana state is currently busy in developing IT sector in the state and as a part of those it has invited many startup companies in the city. As a part of this and attracting new people, Government of TS has built a new IT Hub building at Hyderabad in Gachibowli.
    At the CeBIT India 2015 inaugural ceremony on Thursday, KTR said, “Young India is no longer content with being called the back office of the world. Today, the situation is changing. Indian youngsters and young India is not content in being known as the back office of the world. There is a lot of entrepreneurial zeal, there is a lot of enthusiasm among young Indians to do better and to actually compete with the rest of the world.”
   Calling his new state the “startup state,” he said: “We take a lot of pride in calling ourselves the startup state. We are the youngest state in India. We operate with the mindset of a startup.”
Ratan Tata inaugurates T-HUB on November 5:
The country's biggest start-up incubator T-HUB, will be inaugurated by Tata Sons chairman emiritus Ratan Tata on November 5.


 Phase I coming up at IIIT at a cost of Rs.35 crore will be spread over 60,000 square feet and can accommodate 400 start-ups by 2017. The second phase will come up on 3 acres of land in Raidurgam near Hitec City, the IT hub.


“Walk in with an idea, walk out with a product” :

Speaking to the media, KTR said, “The motto would be ‘Walk in with an idea, walk out with a product.”  Admitting that the failure rate of start-up companies was quite high, he claimed that materialisation of a few ideas or concepts would generate employment for several thousands of youth.



In a complete public-private partnership model of incubation, experts from the city’s ISB will provide the business mentorship whereas technology experts from the IIT-Hyderabad and the IIIT-Hyderabad will meet technology-related intellectual needs of the start-up firms. Further, the city’s Nalsar University of Law will provide support regarding intellectual property, legal and patent rights.
How to apply for placement in T-Hub?

Don’t worry it is very easy. If you are coming with new and innovative ideas, definitely it will help you. Candidates will be registered through official website of T-Hub or approach directly. Applications will be reviewed by the T-Hub people and later provide opportunities to start their organizations.
As many as 150 start-ups have been screened from over 800 applicants. Based on their need, be it a fixed desk or a flexible desk in the building, they will be paying a rent of Rs 6,000 and Rs 4,500 respectively. The building’s seating capacity is over 900. In the second phase, the state government will develop another campus at Raidurgam adjacent to the upcoming Gaming City.



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