T-Hub signs MoU with Redberri Earth Foundation
Hyderabad: Telangana’s startup ecosystem builder T-Hub has signed a MoU with Redberri Earth Foundation under its T-Bridge initiative. The partnership will help startup exchanges between India and Chicago innovation ecosystems. Through the partnership, the programme will establish structured market access programmes and soft-landing programmes to help nurture respective startup ecosystems. Redberri Earth Foundation is a […]
Hyderabad: Telangana’s startup ecosystem builder T-Hub has signed a MoU with Redberri Earth Foundation under its T-Bridge initiative. The partnership will help startup exchanges between India and Chicago innovation ecosystems. Through the partnership, the programme will establish structured market access programmes and soft-landing programmes to help nurture respective startup ecosystems.
Redberri Earth Foundation is a non-profit organisation based in the US and the partnership will provide Indian and Chicago startups with business opportunities, market understanding and access to clients in Chicago and India, respectively. The two entities will collaborate in the areas of startup innovation and entrepreneurship.
Startups will get access to space and infrastructure in the Chicago area, access to select technology conferences and events, connections with the Chicago-based research universities, technology industry associations, chambers of commerce, US Government grant agencies to provide research, marketing, and financial support to the T-Bridge programme.
T-Hub will initiate the call for applications for Indian startups from the smart mobility and transportation ecosystem to participate in this opportunity. After a thorough screening process, six high potential and growth startups will be selected based.
Similarly, T-Hub will open doors for the Silicon Valley-based startups to tap into the Indian market and will create ample opportunities for selected 20 startups to explore business opportunities. For the same, Redberri will call for applications from early growth to mid-stage startups based in Chicago specifically from sectors like smart mobility and transportation and other future relevant deep technology areas. The programme will have two cohorts with 10 Silicon Valley based startups in each.
Programme structure will include two months of market feasibility study, six months on incubation and market localisation, and four months of post program support to establish trails and Proof-of-Concepts in the new market.
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