TOM_BHAYYA Posted February 28, 2018 Report Posted February 28, 2018 Andhra Pradesh Minister of IT Nara Lokesh took jibes at Telangana’s government’s prestigious startup initiative T-Hub. Speaking on startup approach taken by governments at the CII summit, he said, “We don’t charge you for seating. You come to my building and we charge Rs5000 give you a seat to work? We don’t do that. We follow Cohort model, wherein we mentor you for free of cost”. It may be recalled here that T-hub charges around Rs5500per seat for a startup exclusive taxes. Startups cannot afford that much money as they don’t have funds and are always in crisis. Lokesh said, “In AP when you talk about Innovation and startups, you don’t see buildings. I believe that is not where startups are. We think big buildings are going to solve this problem. Absolutely not. I strongly believe that it is about mentoring mentoring and mentoring”. Quote
TOM_BHAYYA Posted February 28, 2018 Author Report Posted February 28, 2018 Telangana government will be launching a new building T-hub Phase2 which will be the world’s second largest incubator. The construction of this building is in progress and will be inaugurated towards the end of this year spread over 3.5 lakh sq ft. Lokesh certainly did an upright research before speaking at a conference of this massive scale. He has hit the nail on the head by addressing the ground realities of the problems faced by start-ups. Startups don’t need building, they can work from anywhere, with an internet connection. What they need is guidance from people who have industry experience. Experts often spoke about market access while startups have often complained about lack of proper mentors in India. Lokesh said that AP’s startup model is purely based on mentoring and giving access to market. These words were like melody to the ears of startup founders. “In AP my budget for accelerator is one million dollars and it is among top six accelerators in the country today. They operate out of rented premises. If you want an office it is going to cost me two million dollars, I would rather put that money on 20 companies and mentor those companies and grow those”, he said. Quote
tacobell fan Posted February 28, 2018 Report Posted February 28, 2018 bro Rs 5500 per seat is big amount? Quote
mettastar Posted February 28, 2018 Report Posted February 28, 2018 free chesthe panikimalina santha antha akkade adda chesukuntadi kada Quote
futureofandhra Posted February 28, 2018 Report Posted February 28, 2018 1 minute ago, mettastar said: free chesthe panikimalina santha antha akkade adda chesukuntadi kada Innovation comes out when you have freedom That is what USA does Quote
mettastar Posted February 28, 2018 Report Posted February 28, 2018 Just now, futureofandhra said: Innovation comes out when you have freedom That is what USA does bongule freedom veru free veru Quote
tacobell fan Posted February 28, 2018 Report Posted February 28, 2018 Just now, mettastar said: free chesthe panikimalina santha antha akkade adda chesukuntadi kada Free kadu, if you really have a start up, company registration untadhi kada. But his point of 5500 is a big money anedhi big surprise comment. Mana Amaravathi app baga chesaru but it wasn't really that great. There are lot of things unnayi. Competitive ga undatam better but ila pointless bullet points use chesi press meets waste cheyyadam is not good. KTR is good salesman. Which is lacking in Lokesh Quote
mettastar Posted February 28, 2018 Report Posted February 28, 2018 but I like the idea about mentoring people .. career lo serious unnollu they can use the resource .. Quote
Paidithalli Posted February 28, 2018 Report Posted February 28, 2018 T_HUb is charging only 5500.. dhantlo 1 rupee sircilla chenetha karmikulaki isthundhi .adhi meeku teliyadhu. teliyakunda annee matladtharu Quote
TriStateBabu Posted February 28, 2018 Report Posted February 28, 2018 5500 rupees afford cheyalera...eedu nijanga cbn kodukena? Quote
TOM_BHAYYA Posted February 28, 2018 Author Report Posted February 28, 2018 @uttermost chinabob statements Meedhaa nee opinion enti ankul Quote
futureofandhra Posted February 28, 2018 Report Posted February 28, 2018 2 minutes ago, TriStateBabu said: 5500 rupees afford cheyalera...eedu nijanga cbn kodukena? Deficit state deggara dabbulu levu Brain vundi Quote
tacobell fan Posted February 28, 2018 Report Posted February 28, 2018 5 minutes ago, mettastar said: but I like the idea about mentoring people .. career lo serious unnollu they can use the resource .. Start ups pettina vallu anta at least they have basic knowledge. Tax incentives ivvali kani free registration ani cheppadam no sense if he want to encourage Quote
Hydrockers Posted February 28, 2018 Report Posted February 28, 2018 4 minutes ago, TriStateBabu said: 5500 rupees afford cheyalera...eedu nijanga cbn kodukena? babu ke doubt vache questons adgithe etla Quote
.thumb.jpg.ce42bb16ec102475a78c2087ce269c7d.jpg)
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.