T-Hub rated as best tech business incubator

Hyderabad: Innovation ecosystem enabler T-Hub is the recipient of the National Technology Award for Best Technology Business Incubator. The award, presented as part of the National Technology Week 2023, recognises T-Hub’s contribution to the promotion of techno-entrepreneurship development and the establishment of innovative, technology-driven startup enterprises in various technological domains.

The National Technology Awards, organised by the Technology Development Board (TDB), a statutory body of the Department of Science and Technology, Government of India, aims to acknowledge and reward Indian companies that have successfully commercialised indigenous innovative technologies.

These awards, presented under five categories - Main, MSME, Startup, Translational Research and Technology Business Incubator, provide a platform for the recognition of Indian industries and their technology providers who contribute to the vision of “Aatma Nirbhar Bharat” by fostering innovation and bringing new ideas to the market.

Mahankali Srinivas Rao (MSR), CEO, T-Hub said, “The recognition validates our commitment to fostering innovation and empowering startups to thrive. We are grateful to the Telangana government for their support, which has been instrumental in our journey.”

T-Hub’s success is a testament to the collective efforts of the team and the partnerships forged with global and national corporate entities,” MSR added.

The incubator has played a pivotal role in the development of India’s startup landscape, enabling startups to raise USD 1.9 billion in funding. T-Hub’s extensive market connects, totalling over 3,000, have helped startups gain a strong foothold in their respective industries, resulting in the creation of over 12,000 jobs. T-Hub has impacted more than 2,500 startups, providing them with mentorship and support to scale their businesses through its comprehensive programmes and initiatives.