iB Hubs plans start-up schools for college students

When a sound start-up ecosystem is building up in a city, it is very difficult for the young enthusiasts to resist thinking start-ups. The best way, iB Hubs, a start-up firm with over 200 employees, says is to teach the required skills quite early on.

The firm, which has announced plans to build about 2,500 Hubs to promote start-up culture across the country, has begun this summer by organising something for engineering college students.

It started two Start-up Schools, one each in Hyderabad and Lucknow, for college students and a Start-up Kindergarten, which is focussed on high school students. After completing the summer edition of Start-up School programme in June and July in two batches, iB Hubs is planning to take the concept to more cities and towns.

“Our idea is to develop a culture of innovation and entrepreneurship. The Start-up School aims at exposing the select few engineering students to typical workflows in building a start-up. They will be taught on things like how to build teams, how to translate ideas into products and services, how to solve problems and everything else that is needed in building a start-up,” K Radha Alekhya, Chief Executive Officer of iB Hubs, told BusinessLine .

“It is as serious as the regular accelerator programmes held in different cities. It will have one-on-one mentoring sessions, panel discussions and fire-side chats,” she said.

The four-week programme will culminate into a Demo Day where some promising start-ups would get a chance to pitch their ideas to a group of angel investors and venture capitalists.

“We are not charging any fee. We might take an equity if their ideas fructify into marketable products or services,” Surender Reddy, Chief Marketing Officer (South India), said.

Besides, it has started a five-day Start-up Kindergarten for high school students.

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