a-HUB | Innovation | Incubation | Entrepreneurship
a-HUB is the Technology Business Incubator of the Ashoka Group of Institutions, Malkapur, Choutuppal, Yadadri-Bhuvanagiri District, Hyderabad, Telangana State, India; it is going to be registered as Section-8 Company (non-profit) under the Ministry of Corporate Affairs, Government of India. It will foster entrepreneurial ecosystem among the students and faculty of the Ashoka Institute of Engineering and Technology, Ashoka Business School, Ashoka School of Architecture and some of the educational institutions around the region.
Venture Conceptualization Model is practiced which includes Education & Access to Knowledge, Networking & People Connection, Financing & Access to Finance, Facility based services, Brand building, Business Services and Mentoring Support with cross sector experience.
Board of Directors:
|Shri. Nomula Ashok Kumar||Chairman, Ashoka Group of Institutions|
|Shri. Mulaka Harish||Secretary, Ashoka Group of Institutions|
|Shri. Nomula Nagarjuna Kumar||Joint-Secretary, Ashoka Group of Institutions|
|Shri. Nomula Arjun Kumar||Member, Ashoka Group of Institutions|
|Dr. M. Sreedhar Reddy||Principal, Ashoka Institute of Engineering and Technology|
|Dr. R. Hafeez Basha||Chief Executive Officer|
|Mr. S. Saikiran Kumar||Incubation Manager|
|Mr. P. Parushuram||Incubation Manager|
|Mr. Uday Kiran||Incubation Manager|
|Mr. Ramesh Vemuganti||Brand Strategist & Former President, Hyderabad Management Association|
|Mr. Vijay Kumar Makyam||IP Attorney & CEO I-Win IP Services Advocate, High Court of AP & Telangana|
|Mr. Prashanth||Charted Accountant|
|Mr. Ganta RajKishan||Journalist & Investment Facilitator South India Coordinator, Venture Wolf|
Mentors in Residence:
|Dr. S. Rajendiran||Scientist Retd., Combat Vehicle Research and Development Organization, DRDO|
|Mr. Sameer Gupta||Managing Partner – ASEAN & MENA Innovitas Business Services Ltd.|
|Mr. Prabir Mishra||Founder, SAATRA Capital LLC EIC Member, KIIT University|
|Mr. Kalepu Ravishekar||Telangana State In-charge Start-ups Club Bangalore|
|Mr. Devang Raja||Founder, Venture Wolf Equity Investment Company|
a-HUB shall focus on imparting latest technologies like Artificial Intelligence, Data Science, Block Chain, Internet-of-Things, Robotics, Machine Learning, System on Chip, Nano Technology, Nano-Concrete, offshore structures, prefabricated structures, etc in the applications of Agriculture, Water, Energy and Environment, Digital Health, etc.
- Entrepreneurship Development
- Incubation & Acceleration
a-HUB shall encourage students pursuing Diploma, Bachelors and Master courses at Ashoka Institute of Engineering and Technology, Ashoka School of Planning and Architecture, Ashoka Business School, etc. to consider Entrepreneurship as a career option. All the students who are interested in this program shall be enrolled by the respective department coordinators and a student committee is constituted comprising of President, Vice President, Treasurer, Secretary and Joint-Secretary which will be responsible for the activities of Entrepreneurship Development Cell. The students shall meet every week to discuss and share ideas which can be converted into small scale or medium scale business after the idea validation exercise.
Some of the ideas that are market viable and which do not infringe any intellectual property shall be considered for a formal induction into the Incubation Program. Studentpreneurs will receive support in the form of mentorship from successful entrepreneurs and industry professionals. After undergoing series of workshops the studentpreneurs shall become confident about their business idea and prepare business plan for raising funds. Initial seed-grant shall be provided by some of the Government Schemes and Corporate Social Responsibility (CSR) Funds in case of Social Enterprises. The outcome of this program will be producing good number of start-ups from the educational institution.
Acceleration Program is more intense compared to Incubation Program which is suitable to students who already graduated from the Ashoka Group of Institutions and can spend very little time with Ashoka Innovazi.
- Co-Working Space
- Prototype Development
- Business Services
Since start-ups lack many resources, experience and networks, Ashoka Innovazi shall provide services which help them get through initial hurdles such as space, funding, legal, accounting, computer services and other prerequisites in starting up a business. It also offers affordable co-working space to early stage start-ups with standard Work Stations, Private Cabins, Common Meeting & Training Room, Pantry facility, etc. Along side it also hosts Resident Mentor, Training Programs and Investor Pitching Sessions on regular basis.
a-HUB shall house some of the equipments and machines such as 3D-Printer, IoT Lab, Robotics Lab, Maker Space Lab, etc. so that the start-ups can build their prototype. In case of non-availability of essential infrastructure at campus, arrangements shall be made at external R&D Laboratories such as DRDO, ISRO, CSIR-Labs, BDL, HAL, BHEL, CPRI, etc.
a-HUB shall also assist the studentpreneurs to register their organization considering various legal structures suitable for their business. Networking with other companies which can help them with branding, marketing, product development and sales, etc