Incubation Center T-HUB Launched

Telangana’s Information Technology and Panchayat Raj Minister K.T. Rama Rao on Friday set in motion development of the country’s largest start-up incubation center ‘T Hub’ at the International Institute of Information Technology (IIIT), Gachibowli.

The 60,000 square feet, five-floor building is part of the first phase of Government’s T Hub initiative and is expected to become operational by June. When fully functional, it can host 400 start-ups and is expected to generate employment for 3,000 people by the end of 2017. Mr. Rama Rao laid the foundation stone for the building, which was conceptualized by W Design Studio.

Speaking about ‘T Hub’, the Minister said that it would nurture entrepreneurs who in today’s world were the biggest employment generators. He also said that the incubator would also incubate other incubators in the partnering institutions.

Read the full article here