Selected startups will receive peer mentoring from successful entrepreneurs of T-Hub’s alumni batch and an opportunity to explore strategic collaborations with its partners.

T-Hub calls for applications for third batch of its incubation program Lab32
Atom Startups Thursday, August 08, 2019 - 19:57

Hyderabad-based startup incubator and catalyst T-Hub is now calling for applications for the third batch of Lab32, its flagship incubation program, tailor-made for early-stage tech product startups. The third batch of Lab32 will commence from December 2019 1 and the call for applications begins on Thursday.  

The third edition of Lab32 will focus on leveraging the power of the in-house team. The ecosystem of alumni, mentors, industry experts and investors will help the new batch to accelerate growth and achieve their respective goals.

Innovative startups from industries such as Healthtech, Fintech, Smart Mobility, Sustainability, Social Impact, Smart Cities, Edtech, among others, will be shortlisted. They will receive peer mentoring from successful entrepreneurs of T-Hub’s alumni batch and an opportunity to explore strategic collaborations with T-Hub’s partners to help them scale with speed.

To meet the minimum eligibility criteria of the program, the early-stage tech product startups should have initial market traction, an exceptional founding team, seed funding to pre-series ‘A’ funding or bootstrapped. They should have a solution for, but not limited to, healthcare, finance, education, smart mobility, sustainability, social impact, and smart cities, using technologies like artificial intelligence, machine learning, deep learning, augmented reality/virtual reality/extended reality, blockchain etc. These startups should also be able to offer the commitment to work from the T-Hub facility full time for six months or more.

"Telangana and Hyderabad has established itself as a thought leader by building a unique innovation ecosystem for India. T-Hub, with its strategically designed programs have contributed in building this reputation. Lab32 is one such program that enables and empowers startup entrepreneurs, and provides them with a unique and perfect mix of capabilities like market access platform, strong mentor network, deep understanding of technology and research. The program will also help them connect with their prospective customers who can help them scale rapidly,” Ravi Narayan, CEO, T-Hub, said in a statement.

Once selected, the startups will be able to attend workshops and seminars from senior corporate executives/CXOs and serial entrepreneurs. They will receive curated playbooks and mentoring by industry experts, along with one-on-one interactions with T-Hub’s dedicated pool of mentors, investors and partners.

They also stand to gain exclusive and pre-curated deals from T-Hub’s premium service providers like Amazon Web Services, DigitalOcean, Freshworks, Google Cloud, HubSpot, IBM, Microsoft, Zoho, etc. and will have access to the catalyst-building facility 24/7 during the program.

Lab32 was launched in 2018, and the first batch of Lab32 startups claim have created over 2000 jobs and raised over Rs 112 crore in total during the incubation program. For the second batch of Lab32, T-Hub shortlisted 45 startups from over 500 applications received from across the world.

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