Monday 28th, September 2020
canara news

Ratan Tata to inaugurate T-Hub on November 5

Published On : 18 Oct 2015


Hyderabad, Oct 18 (IANS) T-Hub, the country's biggest start-up incubator, will be inaugurated by Tata Sons chairman emiritus Ratan Tata on November 5.

Telangana Governor E.S.L. Narasimhan and Chief Minister K. Chandrasekhar Rao will also attend the event.

The inauguration was originally scheduled on September 7 but had to be postponed due to non-availability of Tata.

The first phase has come up at the International Institute of Information Technology (IIIT).

The facilty is being set up in collaboration with IIIT Hyderabad, the Indian School of Business (ISB) and the NALSAR University of Law.

While NALSAR would help in intellectual property and related areas, ISB and IIIT would provide business mentoring and technology mentoring respectively.

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 three acres of land in Raidurgam near Hitec City, the IT hub.

The government promises that it will be an incubator of incubators, offering startup environment available in the west.

The facility will also have venture capitalists and angel investors.

The government is also planning a venture capital fund. Officials said they were in discussion with various venture fund groups.







More News

Sensex, Nifty fall 1% as crude oil prices surge
Sensex, Nifty fall 1% as crude oil prices surge
Aamir Khan calls 'Thugs of Hindostan' role one of his toughest
Aamir Khan calls 'Thugs of Hindostan' role one of his toughest
Fuel prices continue to fall as global crude rates ease
Fuel prices continue to fall as global crude rates ease

Write your Comments

Disclaimer: Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. canaranews.com will not be responsible for any defamatory message posted under this article.

Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on CANARANEWS to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using canaranews will be purely at your own risk, and in no way will canaranews.com be held responsible.