BOSTON—Twenty-eight teams of TiE Young Entrepreneurs, known as TYE, will participate in a global competition on Friday and Saturday in Boston. This year marks the 10th anniversary of TYE global competition. TYE was founded by the Boston chapter of TiE.
The TYE Global Competition is for an undisclosed amount of cash prize for the first, second and third positions.
Vinit Nijhawan, chair of the TYE Global Competition 2019, told INDIA New England News that most of the 28 teams will be physically present in Boston and some will make their presentations remotely to panels of judges on Friday at the Boston University Questrom School of Business. Semi-finalists selected on Saturday will make their presentations during the final round at MIT’s Sloan School of Management on Saturday.
Anyone interested in attending these presentations is welcome. The event is free for all attendees.
To view the full video interview with Mr. Nijhawan, please click here or on the image below.
Mr. Nijhawan is serving as the chair of this year’s TYE global competition. Previously, he served as president of TiE-Boston.
During the interview with INDIA New England News, Mr. Nijhawan talks about TYE Global’s 10-year journey and how it has become a global phenomenon when it comes to young entrepreneurs.
TYE fosters future generation of entrepreneurs and teaches entrepreneurship to high school students and helping them discover the rewards and challenges of becoming an entrepreneur. During the program, the students form teams, go through classroom session modules focused on different aspects of business and entrepreneurship, then write their own business plans.
Teams compete at the chapter level Finals first and the winner of each chapter goes on to the Global Competition to compete for $10,000 in cash prizes.
Founded in 1997 by entrepreneurs who immigrated from the Indus region, TiE Boston champions inclusion in innovation by blending the fundamentals of entrepreneurship with traditional Indian values that place importance on community, mentorship and long-term relationships.
TiE Boston is one of the region’s largest and oldest organizations supporting the Massachusetts entrepreneurial ecosystem, focused on supporting entrepreneurs throughout their lifecycle — from ideation to creation, through growth, wealth creation and ultimately, support of future founders.
The TiE Boston community encompasses students, founders, experienced entrepreneurs, angel investors and venture capitalists. Its programs foster trusted, long-term relationships between its participants — span education, mentoring, networking and funding.
For more information about TiE Boston, visit boston.tie.org