The Atal Innovation Center (AIC) T-Hub, a Hyderabad-based incubation center has selected 23 startups to initiate the second cohort for its sustainability program that aims to foster innovation and drive sustainable solutions across industries.
The selected companies were part of more than 400 applications who came forth to participate in the incubation drive. They would be focusing on strategic areas such as sustainable agriculture, environmental conservation, solid-waste management, climate technology, alternative fuels, green manufacturing and renewable energy.
The T-Hub would provide the selected enterprises with a 100-day intensive program to help them accelerate their growth drivers, refine strategies and access the financial and skill resources required for success, the AIC said in a statement. These startups would be connected to mentors, domain experts and fellow founders.
T-Hub will also create opportunities for potential partnerships with large enterprises and also help the startups secure early stage investments. In the previous cohort, 14 startups secured over Rs.3 crore in grants and angel investments. In addition, they would also be provided assistance to secure compliances and advanced technology facilities through existing partnerships.
A few names among those selected include: Bioreform, Bluedrop Enviro, Emusa, Greencarbon Hub, Greenifit, Hashtag Percapita, JuteEarth, Kalki Ecosphere, Kalki Energy Salvation, Lawtonlight House, Malhari Projects, MyCovation, Neevo Life, Readypods, Praana Power, Statwig, Swansea, and TheKabadShop.
“With the launch of our second cohort of AIC T- Hub’s sustainability program, we continue to cultivate a culture of innovation and drive towards sustainable solutions. AIC T-Hub programme embodies our unwavering commitment to fostering growth, propelling startups into a future defined by impactful transformation. Throughout the program, T-Hub will cultivate and empower these selected startups, equipping them with the essential tools to scale their businesses, shaping their success and creating a legacy of positive change,” says Mahankali Srinivas Rao (MSR), CEO, T-Hub.
At AIC T-Hub, we embrace the role of catalysts for transformation. The launch of our second sustainability cohort exemplifies our dedication to igniting innovation. Through our sector lab, pool of 200-plus mentor networks, investors and value partner access for our cloud credits, startups are getting impressive support,” says Rajesh Adla, CEO, AIC T-Hub Foundation.
