Hyderabad: Startup incubator T-Hub today announced its partnership with Atal Innovation Mission (AIM) and NITI Aayog to launch a new program called the AIC T-Hub Foundation, for deep tech startups specifically in the healthcare segment. The new initiative hopes to foster innovation and entrepreneurship across the industry.
T-Hub will lead the three-month cohort exclusively for cutting-edge tech startups in hopes of creating new-era solutions in the life sciences and health. The Hyderabad-based startup incubator is run by the Telangana government in partnership with three academic institutions and the private sector.
The program has been launched virtually and hopes to work with startups to identify their next inflection point that changes their trajectories. This program will benefit from the assistance of industry experts and active angel investors. The progress of startups will be assessed throughout the program against the identified inflection point. This will be followed by post-program interventions for three more months.
Interventions would include an online activity program and speakers who would discuss the topic of building healthy businesses. The program is designed to ensure interaction between key professionals in the health ecosystem and access to a network of service providers as well as access to the T-Hub and Atal Innovation Mission network that would provide visibility .
“One of the main goals of the program is to provide startups with access to elite resources and experts. This will help founders immensely by helping them refine their business plans, market knowledge and marketing strategies. Remarked Jayesh Ranjan, Principal Secretary, IT and Industries, Telangana.
The workshop series will cover topics such as product preparation, value proposition, customer profiling and sales pitch, lead generation, financial planning, and fundraising pathways. While the lecture series will address topics such as the future of digital healthcare infrastructure, understanding private healthcare, the national and global compliance framework, the US and international healthcare market and the opportunities and challenges of a healthcare startup.
Ten deep tech startups have been handpicked for this program which will help them refine their business and product marketing plans.