TS-IPASS and T-Hub the Game Changer in Entre...

TS-IPASS and T-Hub the Game Changer in Entrepreneurship

Author Name : Ch. Deepthi

ABSTRACT

An entrepreneurship is the capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. In order to encourage entrepreneurs, Government of Telangana introduced two most sophisticated steps-Introduction of new industrial policy as TS-iPASS (Telangana State Project Approval and Self Certification System) and T-HUB (Telangana Hub). TS-iPASS act,2014 assures the registration process of setting a company in Telangana will be completed within 15 days.This step gives the Telangana ranked one under “ease of doing business” in 2016-17 from 13th rank in 2015-16. T-HUB is India’s largest incubator for startups, which is a public-private partnership between Government of Telangana and three leading academic institutes situated in Hyderabad (IIIT, ISB and NALSAR). This paper analyzes the performance of post TS-iPASS and T-HUB as a game changer in entrepreneurship. Keywords: entrepreneurs, entrepreneurship, TS-I PASS, T-HUB.