Exactly a year after inauguration, T-Hub, India’s largest startup incubator which has waged a startup revolution in Hyderabad is now gearing up to roll out the second phase of its facility. Spread across 3,50,000 square feet, the new wing will be made available to entrepreneurs by mid-2018.
The size of the new facility will make it not only India’s but infact the world’s largest incubator, making it at par with Anne Higaldo’s ambitious ‘Halle Freyssinet’ in Paris, also spread over 3,50,000 square feet.
“The second phase of T-Hub’s catalyst building, when opened in 2018, will be the largest such facility in the world. There are many international entrepreneurs, including a few from Israel, who are interested in joining the startup ecosystem in Hyderabad,” revealed Jay Krishnan, CEO of T-Hub.
T-Hub, which operates in a public-private partnership with the government of Telangana and three academic institutions (IIIT-H, ISB and NALSAR) recived an investment of Rs 180 crores for the new facility. Telangana Chief Minister K Chandrashekhar Rao is reportedly going to lay the foundation of the building.
Additionally, Krishnan also stated that T-Hub is in the process of creating a technology-driven ‘Sandbox’ which will act as a support system and include a high-end supercomputer for startups which do not have proper access to resources and infrastructure.
“This is the first time a supercomputer is being made exclusively for entrepreneurs,” he added.
The super-computer is likely to be made available to startups and entrepreneurs by March next year. The estimated cost of building the super-computer would range between Rs 5 crores and Rs 25 crores.
From now on, T-Hub will also start following a ‘cluster-based approach’ when it comes to managing deal flows for the startups that work out of their Gachibowli facility. Startups will now be segregated startups based on their stages (Idea, Early, Seed) and the verticals they are working on. There will also be a review every six-months to ascertain their progress.