According to an official release, T-Hub, a startup incubator, announced the launch of Space Tech Incubation Program under the AIC T-Hub Foundation program. In collaboration with Atal Innovation Mission (AIM), this initiative is expected to cultivate innovation and fuel growth within India’s emerging SpaceTech entrepreneurial landscape.
“The launch of Space Tech Program can mark a step towards building a thriving and collaborative environment for startups in this transformative industry,” Mahankali Srinivas Rao, CEO, T-Hub, explained.
The program is expected to empower about 10 SpaceTech firms across India, leveraging criteria such as founder experience, product innovation, and a robust business model. Participants can get access to a spectrum of resources, including grants, venture capitalists, engineering laboratories, global mentors, industry experts, service providers and the invaluable insights of veteran SpaceTech entrepreneurs.
Selected startups are expected to undergo a curriculum of mentorship, product-market-fit, corporate connects, investor access and go-to-market activities meticulously designed to accelerate their growth trajectory, as per insights from the release.
