TiE Hyderabad Launches New Initiative to Promote Entrepreneurship in School Students
~ Teams of 9th to 12th standard students to compete with each other for their business proposals~
Hyderabad (I-Newswire) September 20, 2013 - The Indus Entrepreneurs (TiE) - Hyderabad Chapter, today announced the launch of a new initiative to foster entrepreneurship amongst school students under program run by TYE - TiE Young Entrepreneurs. TYE program is a global initiative to enable kids to develop business acumen, making them independent thinkers and inspiring them to choose entrepreneurship as a career. It aims to nurture and create a pipeline of next generation of entrepreneurs and provides a platform to the young talented students to learn the nuances of making an entrepreneurial project successful.
Since 2007, TiE Hyderabad under its 'Buddies' program has been providing mentorship to school students locally by experts from various domains and industries. To bring the program onto the Global platform, TiE Hyderabad will take up this now under TYE program and will conduct a competition spanning over 16 weeks designed for students from Grade 9th to 12th wherein the participating students go through an intensive and interactive Entrepreneurial Training programme. The initial 8 week module provides insight into entrepreneurship whereas the balance 8 weeks focuses on business plan development. The overall program involves mentoring, inspirational talks, hands-on class room instruction, workshops by established industry leaders to cultivate creativity, self confidence & innovation. It also includes visits to companies and business plan creation.
30 students will be shortlisted for the TYE 2013-2014 program from the applications received and teams of 5-6 members of varied age, background & interest will be formed. Each Team will get a dedicated mentor who will guide the team throughout the 16 weeks programme. Under the TYE-Hyderabad Level Business Plan competition, the student teams will develop a business idea and create a strategy covering all aspects like product production, marketing, funding plans, etc. All TYE Hyderabad Chapter level participants will get Certificates and the jury will then pick the winners presenting the best business plan. The winning team will represent TYE-Hyderabad on a global competitive platform wherein it will present their business plan and will compete with best proposals received from all TiE Chapters across the globe. The winners at the global level will receive a cash prize of US$ 10,000.
Commenting on this new program, Mr. Murali Bukkapatnam, President, TiE Hyderabad said, "TiE through this program aims to empower youth to be entrepreneurial and lead in a dynamic global environment through a unique integrated curriculum that can be modeled to meet local economic and social challenges. We are seeking highly motivated high school students for this program who can think out of the box and have a business inclination and can be groomed to become future entrepreneurs."
The TYE program has been running successfully in India and across the globe over the years and a testimony to it is that last summer out of 30 students which The Massachusetts Institute of Technology (MIT) Cambridge, US handpicked across the globe for its Student Entrepreneurial Programme "Launch", had 3 alumni of TYE which shows the quality of the young talent available.
The Curtain Raiser Program to launch and provide information to Schools, Parents and Students about TYE will be held on 22nd September 2013 at Rockwell International School, Madhapur from 10.00am to 1:00pm. The registration will be open online till 28th September 2013 at http://www.hyderabad.tie.org/tyehyd wherein interested students can register. The interested parents or students can also write to email@example.com. The mentoring sessions will start from 29th September 2013.
The Indus Entrepreneurs (TiE), was founded in 1992 in Silicon Valley by a group of successful entrepreneurs, corporate executives, and senior professionals with roots in the Indus region. There are currently 11,000 members, including over 2,500 charter members in 60 chapters across 17 countries. TiE's mission is to foster entrepreneurship globally through mentoring, networking, and education. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE's focus is on generating and nurturing our next generation of entrepreneurs.
For more details, please visit https://www.tie.org/.
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Published On:September 20, 2013
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