Deutsche Telekom plans to roll out its incubation concept, first launched as hub:raum in Berlin, to other cities – including Krakow, Poland, next year.
Hub:raum, officially announced in May, is an incubator that also offers an eight-week accelerator programme for young internet and tech companies. Participants are provided with office facilities, mentoring and advice. After that, they can go on to join the incubator part, which offers up to €300,000 of seed investment through the telco’s venture capital arm T-Venture and the chance to leverage Deutsche Telekom’s assets.
The first 15 companies accepted to the Berlin accelerator programme, which kicked off last month, include Blinkist (the only company in the incubator programme so far), Capsule.fm, Toywheel and Eisenhower.
Now, the telco is working to bring the hub:raum concept to other cities and countries. “We plan to have other innovation hubs beside the one in Berlin,” Deutsche Telekom spokeswoman Verena Fulde-Abs confirmed yesterday via email. “Next year, we will open one in Poland. It will be based in the city of Krakow.”
The project is still in planning stage so no further details are available at this point.
Given Deutsche Telekom’s international reach, its plans to roll out the hub:raum concept internationally make sense. Wayra, Spanish telco Telefonica’s equivalent accelerator programme, is already active in 13 cities including London, Dublin, Madrid, Munich, Barcelona and Prague.
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