HYDERABAD: A resource directory for start-up companies was launched by Hyderabad4Innovation (H4I), a group of information technology professionals, associations and academia, at a function held here on Sunday.
“Earlier, if someone wanted to become an entrepreneur there was absolutely no support. They did not know how to start. But today things have changed and many successful entrepreneurs and professionals are coming forward to guide and support new entrepreneurs. It is also nice to see an encouraging environment building up for start-ups in Hyderabad thanks to the initiatives of various groups like Hyderabad4Innovation,” said BVR Mohan Reddy, founder of Infotech and vice-chairman of National Association of Software and Service Companies (Nasscom), after launching the directory.
The Resource Directory for Start-ups provides information on incubators which guide entrepreneurs during ideation, development stages, accelerators which help start-ups in growing fast, entrepreneurship oriented events, research institutes, mentors, venture funds, seed funds, angel investors, among other details.
“A new entrepreneur will get a basic understanding of how to go ahead with his idea if he visits the resource directory available at hyderabad4innovation.in. Youngsters can also get in touch with mentors and successful entrepreneurs at H41 and we will be ready to help. H4I was formed as an informal group to support start-ups by individuals and associations and is now aiming to accelerate the growth of start-ups in Hyderabad by bringing corporates, academia, incubators, investors and entrepreneurs on a common platform,” explained Ramesh Loganathan, president of Hyderabad Software Enterprises Association (HYSEA).
Besides accomplished professionals and entrepreneurs, associations like The Indus Entrepreneurs (TiE), HYSEA and institutions like Indian School of Business (ISB), Indian Institute of Technology, among others are part of H4I. Its members want to make Hyderabad an innovation hub and start-up capital by creating a conducive environment for start-ups in the city. JA Chowdary, chairman of Talentsprint; Ajit Rangnekar, dean of ISB; Bharat Reddy of Hyderabad Hackers were among others present at the meeting which was attended by budding entrepreneurs and representatives from various industries and academia.