T-Block Accelerator, the inaugural accelerator program under the aegis of the Telangana Blockchain District today announced the 30 shortlisted startup cohort that will proceed to an intensive Start-up Training Program. The accelerator also announced the onboarding of Tezos India, R3 Corda, and SettleMint as platform partners and CV Labs, a Swiss-based incubator as the Hub Partner.
With the support of these industry leaders in the blockchain realm, T-block will provide selected Indian startups from the first cohort with technical support to build their solutions on their platform, GTM (Go-To-Market) support, technology implementation support, and grants on a case-on-case basis.
The T-Block Accelerator organized by the Telangana Government and Tech Mahindra and run by IBC Media, an innovation management company saw registrations from over 160 blockchain-based startups from across India. Of these 160 registered startups, 30 selected startups in the first cohort will undergo a three-week-long training period including one-on-one sessions with a panel of mentors, workshops, presentations, discussions, and assignments designed to impart the practical knowledge required to build relevant blockchain products with real-world applications.
After further filtration, the selected start-ups will have an opportunity to pitch innovative ideas and get mentored by experts from the government of Telangana, Tech Mahindra, C-DAC, and IIIT Hyderabad.
“As one of the first states in India to focus on leveraging emerging technologies for increased efficiency of the overall functioning of the government, the Telangana government has always looked to nurture new startups and businesses in emerging technology in India. The 30 selected startups that proceed to the acceleration phase of the T-Block Accelerator have shown immense potential to solve real-life problems faced across verticals. Our new partnerships with global platform protocols strengthen our commitment to support these startups through their entrepreneurial journey and we look forward to their growth through the course of this accelerator program.”
– Jayesh Ranjan ( Principal Secretary, ITE&C Department, Government of Telangana)