T-Hub invites startups for the second batch of Lab32 Incubation Programme
The eligible startups will face a structured evaluation process like face to face interviews, presentations, etc. before they can be part of the Lab32 programme.
Lab32 is designed to ensure the strategic growth of startups in India. The programme aims to support the government’s ‘Startup India Initiative’ by directing entrepreneurship, innovation and addressing the challenges faced by startups.
The second batch of Lab32 will commence on 1 May 2019 with leading-edge solutions by startups in industries such as health-tech, fin-tech, smart mobility, sustainability, social impact, smart cities, and ed-tech, amongst others. It will comprise of chosen startups, which will be shortlisted from hundreds of applications after an extensive screening process. Applications will open on 18 February and close on 8 April 2019.
To meet the minimum eligibility criteria of the programme, the early-stage tech product startups should have:
- Initial market traction
- An exceptional founding team
- Seed funding, series A funding or bootstrapped
- Solution for, but not limited to, healthcare, finance, education, smart mobility, sustainability, social impact, and smart cities, using technology like artificial intelligence, machine learning, deep learning, augmented reality/virtual reality/extended reality, blockchain etc.
- Commitment to work from T-Hub facility full time for 6 months or more
- Workshops and seminars from senior corporate executives/CXOs and serial entrepreneurs
- Curated playbook and mentoring by industry experts
- One-on-one interactions with its dedicated pool of mentors, investors, and partners
- Partnership initiations with T-Hub’s premium service providers like Amazon Web Services, DigitalOcean, Google Cloud, HubSpot, IBM, Microsoft, Zoho etc.
- Access to the catalyst building facility 24/7 during the programme
“Our experience with the first batch of the programme has been enriching, and it has played a pivotal role in our growth”, said Anjaneyulu Reddy, CEO at Evibe, in a statement.