The Indus Entrepreneurs (TiE) – Hyderabad Chapter, organized a curtain raiser event to share details about a new initiative under a program run by TYE (TiE Young Entrepreneurs) at the Rockwell International School, Madhapur. TYE program is designed to make school children learn and explore more about entrepreneurship.
About 200 students, parents, principals and student counsellors were recapitulated about the programme by the TYE team and industry experts, who are of the opinion that this programme would help children to think about entrepreneurship at an early age.
It is a 16 weeks programme for students from Grade 9th to 12th and the participating students will go through an intensive and interactive Entrepreneurial Training programme. 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.
For the first 8 weeks, the programme will include topics like Understanding Entrepreneurship, Opportunity Recognition, Marketing, Finance and Funding, Business Law, Business Models, Presentation and Team Building Skills. During the next 8 weeks, students will be asked to make business prototypes. So basically, it’s an amalgam of theoretical knowledge and hands on practical experience to achieve 2 objectives in the young kids, first to have the basic knowledge required to develop an idea into an executable business plan and secondly to have the required skills that can translate them in to a professional in day to day activities. The program schedule involves mentoring, inspirational talks, hands-on classroom instruction, workshops by established industry leaders to cultivate creativity, self confidence & innovation. It also includes visits to companies and business plan creation.
Towards the end of the programme, participants will get Certificates and the jury will then pick the winners presenting the best business plan. The winning team will get an opportunity to represent TYE-Hyderabad on a global competitive platform and the winners at the global level will receive a cash prize of US $ 10,000.
Commenting on the occasion, Mr. Murali Bukkapatnam, President, TiE Hyderabad said, “We are thrilled to bring top quality entrepreneurial experience to kids who are open to dynamic career options and are not just bound to “traditional” path of joining another company. It’s time that we create a viable eco-system for budding entrepreneurs in the country who are the future of India to prosper and progress bringing ideas to life.”
The registration for the programme 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 firstname.lastname@example.org. The mentoring sessions will start from 29th September 2013.
Since 2007, TiE Hyderabad under its ‘Buddies’ program has been providing mentorship to school students locally by experts from various domains and industries. This year, to bring the programme onto the Global platform, TiE Hyderabad has come up with an entrepreneurship programme for school kids to foster entrepreneurship amongst them.