As Hyderabad’s start-up incubator T-Hub celebrates a year since its inauguration, the city is already bracing itself for phase-2 of the facility.
The Times of India reported that it would be spread over 3,50,000 square feet, and would be thrown open to entrepreneurs by mid-2018.
“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,” CEO of T-Hub, Jay Krishnan was quoted as saying.
The TOI report also adds that startups will now be segregated based on their stages (Idea, Early, Seed) and a review would be held every six-months.
Meanwhile, officials also announced the launch of a supercomputer developed specially by T-Hub.
The Hindu quotes T-Hub COO, Srinivas Kollipara as saying, “This Rs 24-crore supercomputer project will be part of the Sandbox initiative and focus on heavy data intensive and graphic applications and real-time analytics for smart cities. It could be assessment of traffic impact at a given time in Delhi or Chennai, or impact of various other factors at one go.”
The supercomputer and the Sandbox are expected to be ready by March next year.
Telangana chief minister K Chandrasekhar Rao is reportedly going to lay the foundation for the building.