The Telangana government has launched India’s first social innovation centre - The ‘Kakatiya Hub For Social Innovation’ in Nizamabad on Feb 5, 2017.
Telangana IT Secretary Jayesh Ranjan made this announcement at the one-day Development Dialogue, an international social entrepreneurship ecosystem conference hosted by Kakatiya Sandbox.
Jayesh Ranjan said the ‘Kakatiya Hub For Social Innovation’ funded by the Telangana government and implemented through Kakatiya Sandbox will function as a rural incubator to encourage entrepreneurship at the grassroots level.
Problems are to be solved in rural areas and the people who are familiar with them should be in the best position to solve the problems.
However, rural entrepreneurs need a structured guidance and an incubator is the best way of providing a necessary ecosystem and support to them.”
Rural incubator in Telangana will be run exactly in the same as any other high-end incubator like the T-Hub, the country’s biggest, located in Hyderabad.
Indian-American entrepreneur Raju Reddy, co-founder of Kakatiya Sandbox, Dr. ‘Desh’ Deshpande, founder of Deshpande Foundation, Redbus founder Phanindra Sama, who is also the co-founder of Kakatiya Sandbox, welcomed the government’s decision.
Dr. ‘Desh’ Deshpande, founder of Deshpande Foundation introduced the Sandbox concept in India 10 years ago.
