Symbiosis Institute of Business Management, Hyderabad (SIBM-H) will be setting up a start-up incubation zone at its campus at Kothur near here.

This was disclosed by its Director, Ravi Kumar Jain, at a conference on start-up confluence organised here by the institute in association with Nasscom.

Initially ten start-ups from the SIU students’ community would be promoted but Symbiosis is open to providing the facility to more number of start-ups based on the response and path-breaking ideas.

SIBM-H will provide the necessary infrastructure free-of-cost during incubation.

The start-ups can also have access to mentoring from Nasscom. The incubation zone at SIBM-H will facilitate interaction with angel investors, venture capitalists, investors and guide the aspiring entrepreneurs on any other pertinent issues, Jain said.