T-Hub’s Atal Incubation Center Chooses 23 Startups for Innovative Sustainability Cohort
- ByStartupStory | August 11, 2023
T-Hub, a technology hub based in Hyderabad, has unveiled the second cohort of the Atal Incubation Center (AIC) T-Hub’s sustainability program, aiming to catalyze innovation and drive sustainable solutions across various sectors. This new cohort comprises 23 cutting-edge startups, embarking on a 100-day intensive program focused on addressing urgent sustainability challenges.
The carefully selected startups in this cohort will direct their efforts towards critical areas such as agricultural sustainability, environmental conservation, solid waste management, climate technology, alternative fuels, green manufacturing, and renewable energy.
From an initial pool of 400 applicants, 24 startups were chosen based on criteria including viable prototypes, paths to commercialization, a minimum monthly revenue of Rs 1 lakh, and a robust founding team with relevant expertise, indicating the potential for significant impact.
Leveraging T-Hub’s network, these startups will gain access to mentors, domain experts, and fellow entrepreneurs. They will also benefit from government compliance support, advanced technological facilities, and essential information about grants and incentives. Additionally, the program will facilitate opportunities for potential collaborations with multinational companies (MNCs) and investment networks, creating a comprehensive ecosystem to nurture the startups’ future growth and success.
Mahankali Srinivas Rao, CEO of T-Hub said, “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 program embodies our unwavering commitment to fostering growth, propelling start-ups into a future defined by impactful transformation.”
This current cohort commenced on August 3, 2023, and is scheduled to run until November 10, 2023. During this period, startups will be immersed in a dynamic environment, accelerating their growth trajectories, refining strategies, and gaining access to vital resources essential for achieving success.
The previous batch of startups in the AIC T-Hub Sustainability Program achieved significant milestones. Fourteen startups secured grants and investments exceeding Rs 3 Crore, established over 140 market connections, benefited from the guidance of 20 mentors, accessed more than 17 pilot opportunities, and garnered over 15 recognitions and awards.