It was an incomplete structure, abandoned due to fund crunch. In six months, it has been transformed into a futuristic incubation centre for start-ups, and could pave the way for many such structures, including some on other continents.
‘Catalyst’, the first building in the city to house Telangana Hub or T-Hub on IIIT-Hyderabad campus, is a sprawling 70,000 square-foot structure. It promises to provide assistance to 400 entities at various stages of incubation.
Those start-ups screened by the T-Hub committee will be allowed to use the space and amenities like high-speed internet, at a nominal cost, IT Minister K.T. Rama Rao said on Friday, a week before industrialist Ratan Tata inaugurates it.
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