T-Hub incubated 346 start-ups in 2 years, says Telangana IT minister

T-Hub, the start-up incubator set up at the initiative of the Telangana government, has incubated 346 start-ups and 835 associated […]

   

T-Hub, the start-up incubator set up at the initiative of the Telangana government, has incubated 346 start-ups and 835 associated start-ups in the two years of its existence, state IT minister K T Rama Rao on Thursday in Hyderabad said.The T-Hub has finished two years of its operations on 5 November, 2017, he said in reply to a query in the legislative assembly.The T-Hub is collaborating with a number of reputed IT and other companies in different areas, he said.The state government is promoting start-ups as job openings, on a large scale, are expected to be generated by them in the coming years and not from large companies “cumulatively”, Rao said.Observing that the state government is also encouraging rural innovation, he said that the state government has offered a grant of Rs one crore to Chintakindi Mallesam, a recipient of Padma Sri award, who invented a machine to help weavers.The government has drawn up plans to promote start-ups in cities and towns like Warangal and Khammam, Rao said, adding that a state innovation cell has been set up.

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