తెలుగు వెర్షన్

Hubballi to host India's biggest startup incubation

Indian-American entrepreneur, philanthropist and venture capitalist Gururaj Deshpande is setting up India's biggest startup incubator in Hubballi, about 400km from Bengaluru.
Current AffairsThe 82,000-sqft facility is expected to open in September. It will have the capacity to seat over 1,200 people, which means it can accommodate at least 200 startups. The startups will be mainly from Dharwad district, said Deshpande at a startup event at Infosys's new campus in Hubballi. India's current biggest incubator is T-Hub in Telangana, housed in a 70,000-sqft building.

The Hubballi programme is a significant expansion of an idea that the Deshpande Foundation - founded by Deshpande and his wife Jaishree - seeded in 2008 and which has grown to be successful in the region. Called the Sandbox, the objective was to encourage problem-solvers from the local community and allow them to come with solutions with help from the foundation in terms of management, a financial model and connections to global innovators.
Published on 1/28/2017 2:32:00 PM

Related Topics