Team Beta Emerged Winner of TiE Young Entrepreneurs' Business Plan Competition 2023

In a closely fought TiE Young Entrepreneurs Finals, team Beta emerged as the Winners of the TYE Business plan competition 2023.

The Team Beta members were: Lasya Pericherla (Prerana Waldorf School); Palash Salla (Oakridge International School); Ananya Tirumala (Oakridge International School); Varun Ponnala (Oakridge International School).

 

Team Beta winner of TYE along with TiE Hyderabad leadership

The idea they proposed was using AI to help admission officers in higher education institutions to address the problem of manual admissions into universities that usually results in inefficiency and inaccuracy.

Team Gamma was declared the People’s choice award winner. The team Gamma members were Nikita Shivakumar (Prerana Waldorf School); Sujith Chennupati (Oakridge International); Veeren Chowdary Boppana (Oakridge International).

Their plan was about a personalized meal delivery service that involves creating customized meal plans for individuals based on their dietary needs and preferences.

Winning Team Beta and Team Gamma People Choice Award winner along with TiE leadership

The Winners will be nominated for the TYE Global Competition.

It was the 14th edition of TiE Young Entrepreneurs TYE. Four groups made up of 14 students from top schools across the city, pitched their innovative solutions at the TYE Finale on Saturday night at Club Botanica at Gachibowli.

Following a rigorous curriculum on entrepreneurship development. The esteemed panel of judges declared Team Beta as the winner for their impressive business plan, Admit AI, as they call it. Meanwhile, Team Gamma won the People's Choice Award, earning the most votes from the audience.

During the three-month program, the participants had the opportunity to interact with experienced entrepreneurs and received guidance.

The Vice President of the TiE Hyderabad chapter Mr. Srini Chandupatla said, the TYE program is built with the objective of exposing high school students to the key aspects of entrepreneurship

Prof. Satya Kiran, representative of Ethames, the Program partner of TYE 2023 said an entrepreneur should develop curiosity.

TiE Hyderabad's TYE program is built to empower the next generation of entrepreneurs.

TYE is designed to teach high school students entrepreneurship and leadership skills.

TiE Young Entrepreneurs Grand Finale Tomorrow

14 students in the age groups of 9 to 12 divided into four teams will present a prototype/business plan to the jury.

The Winners will be nominated for the TYE Global Competition.

TiE Young Entrepreneurs (TiY) Grand Finale will be held on Saturday at Club Botanica at 5 pm. TYE (TiE Young Entrepreneurs) is a TiE Global initiative dedicated to chapters integrating classroom sessions, mentoring and business plan competitions aimed at High School students from grades 9-12 or equivalent college students are allowed.

This year TiE Hyderabad has selected 14 students and formed them as 4 teams. These young innovators have undergone boot camps/workshops, led by successful TiE Hyderabad entrepreneurs in November, December - 2022 & January - 2023. These 4 teams are ably mentored by TiE Hyderabad Charter Members. Tomorrow these young entrepreneurs who were groomed in all aspects of entrepreneurship are now prepared to present their prototype/business plan to a stellar panel of jury members. The Winners of this competition will be nominated for the TYE Global Competition.

TYE is designed to teach high school students entrepreneurship and leadership skills. The TYE program is designed for a 16-week period, which includes design thinking workshops, and mentoring support for business plan development and culminates with a business plan competition.

About TiE Hyderabad: TiE (The Indus Entrepreneurs) is a go-to network of 15000+ global entrepreneurs across 61+ cities in 14+ countries, and Hyderabad is a vibrant and most awarded chapter worldwide, each year TiE Hyderabad impacts over 1100 start-ups and 6400+ students, conducts numerous activities under 20+ themes viz. TiE Grad, TiE Young Entrepreneurs, Open Mic, Mentor Advisor, Investor Connect, Thursday Night Talks, Leadership Series etc. to encourage, and nurture next-generation entrepreneurs.

For more details, please get in touch with Vamsi Krishna J, Associate Director, 7799439281 or visit hyderabad.tie.org

Hyderabad Student Team Findr, a LinkedIn for Blue-Collar Jobs, Wins 10th Edition of TiE Young Entrepreneurs B-Plan Competition

36 students from 23 schools formed 7 teams and pitched their ideas at the TYE Grand Finale 2019-22 B-Plan, 1 Minute Elevator Pitch and Maker Faire Prototype competition

• 1 Min Elevator Pitch Winner: Comfee, a power conservation solution and PuriFloat, a lake cleansing device declared joint winners in the 1-minute elevator pitch segment


• Maker Faire Prototype winner: RewardBox, a mobile application that unifies the reward points a customer earns across various brands under one roof, adjudged the best Prototype, in the Maker Faire round for their quality prototype


• B- Plan Winner: Findr, a LinkedIn-like solution for blue-collar jobs including the provision of maids, cleaners, drivers for customers won the top honor in the B-Plan competition

TiE Hyderabad announced today the winners of the 10th edition of TYE (TiE Young Entrepreneurs) challenge held for 3 categories, B-Plan, 1 Minute Elevator Pitch and Maker Faire Prototype. The finale was held at the auditorium of Dr. B R Ambedkar Open University in the city on Saturday.

In the TYE challenge, 36 students from 23 schools formed 7 teams and pitched their ideas under the B-Plan, 1 Minute Elevator Pitch and Maker Faire Prototype competition.

The top prize winner in the B-Plan category was Findr, a LinkedIn-like solution for blue-collar jobs including the provision of maids, cleaners, drivers for customers and the runner up team was Flobal, a business idea where flower-flavored ice creams are made of organic ingredients had bagged the runner-up position.

In the Maker Faire category for best prototypes, RewardBox, a mobile application that unifies all the loyalty points a customer earns through his purchases at several stores across the country and alerts the user of their expiry, emerged as the winner.

It was a close contest in 1-minute elevator pitche as 2 teams Comfee and PuriFloat were declared joint winners held using an online voting method.

Comfee is a power conservation solution regulated by an IoT device that controls the speed of fans and air conditioners based through measurement of ambient temperature in the room, while PuriFloat, is an automated device that helps clean lakes using an Electric motor run boat/conveyor were declared joint winners.

The jury members at the TYE Finale were Deepthi Ravula (CEO, Telangana Government-run Women Entrepreneurship Incubator We Hub), Kishore Uppalapati (Director-Operations, Microsoft Services), Rakesh Munnanooru (Founder, CEO, Whistle Drive, a corporate ride-share company) besides Prof. Vijaya Kumari (Director, JNTU run incubator, J Hub) and Vineel Reddy Pindi (CEO, Collab House an innovation hub).

The winners had faced a stiff challenge, as there were a series of interesting pitches, such as Enviros Amigos, a device that could recycle plastic waste into oil through a chemical procedure called pyrolysis, Idenico, an affordably priced paper strip to test for adulteration, contamination or chemical presence in milk.

Congratulating the winners, and their scalable business models President of the TiE Hyderabad Chapter, Sridhar Pinnapureddy, (CEO of CtrlS Datacenters and Cloud4C Services) said, “It took me a couple of failed ventures to actualise my dream of becoming an entrepreneur. The business ideas of these young minds are nothing short of billion-dollar proposals with the potential to emerge as mega enterprises. It is for them to now leverage on the networks such as TiE to reach their pinnacle. These children are the future of our entrepreneur ecosystem and it is heartening these children have the backing of their family to pursue entrepreneurial dreams.”

“We were genuinely surprised by the professionalism of the teams and the relevance of the ideas. They surpassed our expectations and reaffirms our faith in our young generation potential to create a promising future” the jury members had expressed.

Also speaking at the event, program co-chair Mr. Venkatesh Narasimhan, SVP, Redpine Signals Inc said, “It’s really energising when we see bright, young minds gearing up for entrepreneurship at such an impressionable age. The way the youngsters have picked up concepts like revenue models, marketing, value proposition within minutes in the workshops speaks a lot about their interest to grasp the subject.”

Says the co-chair Mr. Viiveck Verma, CSO, Srinivasa Farms, “This program is very important for youngsters to help them change the way they look at the society and how they solve the problems existing in it. It’s significant to note that most ideas presented by the participants in the event had taken stock of immediate issues that affect us as the citizens of the country. It’s delightful to watch a new future being shaped by them.”

The Executive Director of TIE Hyderabad Phani Pattamatta on what next, said “The winner of the TYE Regional Finals would now compete at TYE Global Finals title against 35+ teams coming from 14 countries at Microsoft campus in Seattle, USA in June Month. He also recalled; Hyderabad chapter of TiE holds a record of consecutively winning at this global competition for the past 3 years in a row.”

About TYE Program: TiE Hyderabad runs two seasons of TYE program, one in Summer it starts in April and ends in June every month. The current season started in October 2019 and close to 40 students underwent a rigorous curriculum on entrepreneurship and learned business concepts through several classroom sessions over the weekend workshops and few weeks of mentoring by successful entrepreneurs, the Charter Members of TiE Hyderabad. This is the one program of global class that is completely run by practicing entrepreneurs to nurture aspiring young students.

Grand Finale B-plan competition Winners Details:

Winners - Findr was declared the Winner of the B-Plan round in the grand finale of the 10th edition of TYE 2019-20. Team Findr members were :

• N Hasvanth Reddy- Delhi Public School


• G Srilasya - FIITJEE


• Mihir Chowdary - Chaitanya Vidyalaya


• Samhitha T - Future Kids


• Ishan Amit - Oakridge

Runners up - Flobal declared the runners-up of the B-Plan round in the grand finale of the 10th edition of TYE 2019-20.

[caption id="attachment_141468" align="aligncenter" width="1024"] Dr. Balaji Bhyravbhatla(Mentor, Flobal, MD, HyLasCo BioTechnology), N Venkatesh(TYE Program Co-Chair), Shrilekha J(Bharatiya Vidyalaya), Hitha Nalla(Future Kids), Sridhar Reddy(President, TiE Hyderabad; CMD - CtrlS), Aditya Manoj( Gitanjali), Amogh P(Chirec Public School), Viiveck Verma(TYE Program Co-Chair), Swapan G(Chirec Public School)) Phani Pattamatta(ED, TiE Hyderabad)[/caption]

Team Flobal members were

1. Hitha N - Future Kids


2. Swapan – Chirec


3. Shrilekha J - Bharatiya Vidya Bhavan’s Public School


4. Hesham Babukhan -International School


5. Aditya M Krishna – Gitanjali


6. Amogh - Chirec

Comfee & Purifloat

[caption id="attachment_141469" align="aligncenter" width="1024"] (Left to Right): N Venkatesh(TYE Program Co-Chair), Aditi P(Future Kids), Sridhar Reddy(President, TiE Hyderabad; CMD - CtrlS), Arav J G(Bharatiya Vidyalaya) Viiveck Verma(TYE Program Co-Chair), Phani Pattamatta(ED, TiE Hyderabad)[/caption]

Reward Box

[caption id="attachment_141470" align="aligncenter" width="1024"] (Left to Right): N Venkatesh(TYE Program Co-Chair), Priyal S, Shreyas Bathi(Sancta Maria), K Hitesh Kumar(Future Kids), Sridhar Reddy(President, TiE Hyderabad; CMD - CtrlS), Rewanth Talasila( FIITJEE), Rohan N(Chirec Public School), Viiveck Verma(TYE Program Co-Chair)[/caption]

Hyderabad Student Team Mr. Pill Minder Idea, Wins the 2019 TiE Young Entrepreneurs Summer Business Pitchfest

Filtex - A Passive Filtration Device declared Runners up. The finalists consisting of 20 students of 14 schools formed 4 teams and pitched their ideas at the TYE Summer PitchFest.

TiE Hyderabad announced the winners of TYE Summer Pitchfest, Young Entrepreneurs 2019 edition. Mr. Pill Minder, a Pill Dispenser Business Idea took the winner glory, Filtex – a passive filtration device to filter water in the lakes around the city bagged the runner up position.

At the Pitchfest, held on Sunday, 20 students selected from 14 top schools from across the city formed 4 groups and pitched their innovative solutions to a team of distinguished jury comprising Venkatesh Narasimhan SVP, Redpine Signals & Viiveck Verma CSO, Srinivasa Farms, Program Co-Chairs of TYE Summer 2019 along with the stellar Jury Panel Rakesh Bhatia (CEO, TheCapitalNet), Juliane Frommter (Director - International Programs, T-Hub) & Sridhar CV (Head of Incubation Alliances, TCS) gave away the awards to the winning teams.

There were quite a few interesting pitches; the jury declared Mr Pill Minder - A Pill dispenser with a difference as winners for their prototype & business plan of automatic pill reminder. Filtex - A passive filtration device on the other hand won the runner up position for their plan with a device to filter water in the lakes around the city.

In their address after giving away the awards the jury panel said with such programs, we must encourage the next generation with the skills necessary to face the world challenges and create simpler solutions rather than worrying about problems - the Charter Members of TiE Hyderabad added.

TiE Hyderabad launched their Summer Edition of TYE in May this year. A total of 62 students registered from 21 different schools of the twin cities attended the program in IIT Hyderabad. Thereafter, 20 selected students underwent a rigorous curriculum on entrepreneurship development with 12 classroom sessions spread over 3 weeks.

After which, each team were guided by a mentor, a practicing entrepreneur and a TiE Charter Member for 3 weeks to help convert their innovative ideas into a feasible business plan ready to be pitch at a final competition held on 16th June Sunday. TYE is the only student entrepreneurship program taught by successful entrepreneurs of TiE Hyderabad. This year, the TYE Summer students will also spend a Day with A CEO.

Congratulating the winners Srikanthan Tirumala, Board Member of TiE Hyderabad said “The level of clarity on their business ideas and product, being fearless & confident about the solution coupled with good communication was brilliant. The program co-chairs Venkatesh Narasimhan & Viiveck Verma for guiding the program to its finale was also appreciated by both TiE and student achievers".

The jury members along with Board Members, Program Chairs, Mentors and other Charter Members of TiE Hyderabad were present at the award ceremony.

The Program Co-Chair Mr. Venkatesh Narasimhan, Senior Vice President, Advanced Technologies Redpine Signals Inc said, “Over the years TiE Young Entrepreneurs has been the most impactful program we do and has been very satisfying program for us, when we see these bright kids pick up all the principles of running business in just a few weeks of mentoring them. They are able to make presentations comparable with any seasoned entrepreneurs, which is highly commendable."

Adding to this the Co-Chair Mr. Viiveck Verma, Chief Strategy Officer & Head Retail - Srinivasa Farms said, “I find this to be the most meaningful activity for us to be looking at our future and how we can, in our own small manner, shape the future of the country & the world through these young entrepreneurs that we work with. This is a program which aims to teach the young generation how do they look for problems around them, and then find solutions for them, and how do you execute these solutions to make them scaleable."

Winners

[caption id="attachment_131300" align="aligncenter" width="720"] Winner team Mr Pill Minder Presenting[/caption]

Mr Pill Minder was declared the Winner of TYE Summer PitchFest 2019.

Team Mr Pill Minder members were -

• Aaryan Agarwal - Chirec International


• Agastya Pattamatta - Delhi Public School, Nacharam


• Anirudh Vanamali - Rockwell International


• Sanskrithi Ananthula - DRS International


• Trisha Reddy - Oakridge Newton Campus

Runners up

Filtex - A Filtration Device declared the Runners-up TYE Summer PitchFest 2019.

[caption id="attachment_131301" align="aligncenter" width="720"] Runners-up - Filtex : A Filtration Device[/caption]

Team Filtex members were -

• Aashish Sodadasi - Birla Open Minds


• Anand Tirumala - Oakridge Newton Campus


• Jahnavi Seethamraju - Delhi Public School, Nacharam


• Jai Gollapudi - Phoenix Greens


• Shreya Jain - The Gaudium School

Participants Profile:

Students from top schools of twin cities such as Bharatiya Vidya Bhavan's Public School, Chirec International, Delhi Public School, Birla Open Minds, Bishop Cotton, Oakridge International School, Chaitanya Vidyalaya, Phoenix Greens, Rockwell International School, Sancta Maria International School, DRS International School, participated in this program.

TYE Summer means a lot to us, in our TYE student parent's own words, "We relocated back to India when my daughter is 10 years and she has been a huge crib for every little issue she faces here and constantly complains about India. However, after the TiE Young Entrepreneurs sessions she now sees solutions to all the problems around her and keeps saying mama we can solve this problem I learnt in TYE. She may not become an entrepreneur tomorrow but I am hopeful she will surely change the world someday soon in her future. Thank you TiE".

Leaders and Mentors at TYE

A number of industry luminaries were involved in the sessions conducted during the TYE program which included Murali Bukkapatnam (Founder & Chairman, Volksy Technologies), Ekta Bahl (Partner, Samvād Partners), Sanjay Jesrani (Founder & CEO, Go North Ventures), Srikanthan Tirumala (Founder & CEO, Hooperlabs Inc), Sricharan Lakkaraju (Founder, Stumagz) Vineel Reddy Pindi (Collab House), Harish Bharadwaj (HumConsulting) Dr Nandita Sethi (MD - The Entrepreneur Zone), to discover what it takes to chase one’s dreams in life.

The mentors Mr. Balaji Bhyrav Bhatla (MD, HylasCo BioTechnology Pvt Ltd ), Mr. Srini Chandupatla (CoFounder, Manjeera Digital Systems) Mr. Bhatt Dittakavi(CEO & Data Scientist, Variance.Ai), Mr Sanjay Jesrani(Founder & CEO, Go North Ventures) helped students develop their ideas to b-plans & prototypes.

TiE Hyderabad unveils program for school students to become entrepreneurs

[caption id="attachment_93985" align="aligncenter" width="700"] The winners of 2013-14 season which represented TYE Hyderabad and presented its buisness plan in Global competetion in Canada sharing their experiences with prospective participants of new 2014-2015 season [/caption]

The Indus Entrepreneurs (TiE) – Hyderabad Chapter, today organized a curtain raiser event to share details about its initiative to foster entrepreneurship amongst school students under program run by TYE – TiE Young Entrepreneurs at Rockwell International School, Jubilee Hills.

TYE program designed to invoke the spirit of entrepreneurship in school kids was very well received by the students, parents and teachers as well. Industry experts and TYE team briefed around 200 students, parents, principals and student counselors from various schools about the initiative and the need to start thinking as an entreprenuer at an early age. The team provided the information through a presentation giving an overview of the program.

Details of TYE 2014-2015 Program

This season, to widen the reach of the program, around 40 students will be shortlisted for the TYE 2014-2015 program from the applications received from students of Grade 9th to 12th. Teams of 5-6 members of varied age, background & interest will be formed. The teams will get a dedicated mentor who will guide the team throughout the 16 weeks of an intensive and interactive Entrepreneurial Training programme.

In the first season of the program in 2013, 30 students were handpicked by TiE Hyderabad for this exclusive curriculum and the winner of Hyderabad chapter presented its business plan at the global event held at Canada. In fact, since 2007, TiE Hyderabad under its ‘Buddies’ program has been mentoring school students through experts from various domains and industries.

The program schedule for first 8 weeks of this season will include topics like Understanding Entrepreneurship, Opportunity Recognition, Marketing, Finance and Funding, Business Law, Business Models, Presentation, Virtual Business simulation and Team Building Skills. The following next 8 weeks will be allotted to the students to make business prototypes. The curriculum is developed to achieve 2 objectives in the young students, first and foremost to have basic knowledge required to develop an idea into a viable business plan and secondly have the required skills that can translate them into a professional in day to day activities. 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.

All TYE Hyderabad Chapter level participants will get Certificates and the jury will then pick the winners presenting the best business plan in the month of December 2014. The winning team will represent TYE-Hyderabad on a global competitive platform in June 2015. The team will compete with best business plans received from all TiE Chapters across the globe. The top teams at the global level will jointly receive a cash prize of US$ 10,000. TiE Hyderabad will also reimburse INR 1,25,000 to each member of the winning team from Hyderabad towards the travel expenses to participate in the global competition.

Commenting on the occasion, Mr. Murali Bukkapatnam, President, TiE Hyderabad and Managing Director & CEO, Getdomestichelp.com said, “We are excited to see enthusiasm shown by the school students. In the last season, we saw some very innovative business ideas coming from these young students. This proves that young minds, if nurtured properly and guided to a meaningful direction, can come out with brilliant ideas as they don’t restrict their thoughts to any preconceived notions. We are sure that in this season also we will discover some amazing talent.”

The TYE program has been running successfully in India and across the globe over the years and a testimony to it is that in 2012 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 groomed by TYE.

The interested students registered at the venue today for the TYE program 2014-2015. The interested students and parents can register online also at http://www.hyderabad.tie.org/tyehyd or by writing to tye@tiehyderabad.org. The last date for application is 17th August 2014 and the mentoring sessions will start from 24th August 2014.