The Telangana government is making all efforts to encourage entrepreneurs across the State. For this purpose, the government is geared up to set up a rural vertical of the much talked about T-Hub in Nizamabad. Touted as the ‘T-Hub social’, the hub will concentrate on rural entrepreneurs and will be exact replica of the T-Hub here in Hyderabad.
“We believe that there is a lot of untapped potential in the smaller towns and cities of Telangana and we want to encourage these entrepreneurs as well. The hub in Nizamabad is shaping up with the building being finalised and interior works in progress. We have also identified a CEO for the same and team is being put up,” said State IT Secretary Jayesh Ranjan. Earlier the Secretary said that for the hub in Nizamabad, the government has partnered with Kakatiya Sandbox, an initiative by Phanindra Sama, CEO of RedBus and Raju Reddy in 2013.
T-Hub reaches Warangal:
To provide further impetus to rural entrepreneurs, the State is also working on setting up a second rural T-Hub in Warangal, although nothing has been finalised about the exact location and date.
In addition, it is also working on encouraging students to think of entrepreneurship through its Technology Entrepreneur Programme (TEP). The Telangana Academy of Skill and Knowledge (TASK) along with ISB started the programme last year wherein the student-level project works will be converted into startup ideas. “Last academic year saw about 200 students graduate from the TEP and from the next year we are looking at expanding it by partnering with more business schools and technology institutes,” Jayesh Ranjan said.
The government is also planning to encourage startups from the city to look at genuine problems in rural areas and design solutions, accordingly. It is also expanding its horizons to startups placed outside of T-Hub by partnering with 31 incubators and co-working spaces in the city and providing them with the same support that T-Hub startups get.