TiE Hyderabad on Saturday launched TiE Grad Plus, an ambitious business plan competition.
TiE Hyderabad on Saturday launched TiE Grad Plus, an ambitious worldwide entrepreneurship program designed to cultivate an entrepreneurial mindset and inspire innovative business ideas among students.
The business ideas tournament was launched on Saturday evening at the Botanica in Gachibowli by Prof D Ravinder, Vice-Chancellor, Osmania University; and Dr D Vijay Kumar, Director, Osmania Foundation.
The program aims to reach 50 colleges and three lakh students. It expects to generate 800 business plans or ideas. The prize money is US $15,000.
The program will begin in September, feature many activities along the way, and conclude in March 2024 with a finale.
Among that many highlights of the program is a Biz Hack Boot Camp which is likely to be conducted in January and February 2024. An inter-college round to shortlist the final teams, it is touted to be an immersive four-day journey igniting campus entrepreneurship, and is expected to enhance learning and help participants appreciate real-world challenges.
Murali Bukkapatnam, Trustee, TiE Global and TiE Grad Committee, was also present at the launch. Bukkapatnam said that the organisers would engage the target group through a multitude of competitions and workshops, and empower and nurture aspiring entrepreneurs.
The initiative, led by entrepreneurs themselves, would serve as a guiding light for students, he added.
15 partner institutions signed MoUs with the TiE Hyderabad Chapter for the TiE Grad Plus this year.
Rashida Adenwala, president, TiE Hyderabad Chapter; Srini Chandupatla, vice-president, TiE Hyderabad Chapter; Bhanu Prakash Varla, Program Chair of the TiE Grad Plus; many notable colleges, members of TiE, and key players in the entrepreneurship ecosystem in the city participated in the launch.