Tag: young entrepreneurs

Innovation and Inspiration: Hyderabad’s Student Entrepreneurship Summit

Hyderabad, June 28th, 2024…..The biggest student entrepreneurial conference of its kind in India, TiE’s TYE Global Conference 2024: Empowering Young Entrepreneurs, held at IIIT-Hyderabad, concluded in Hyderabad. The three-day Young Entrepreneurs (TYE) Global Conference 2024 was hosted by The Indus Entrepreneurs (TiE) from June 19 to 21st. Over 300 Students Across India Participated in the TYE Global Conference 2024.

Disclosing this in a press note issued in the city today, TiE Hyderabad said, the conference was especially notable as it coincided with the 25th anniversary of TiE Hyderabad. The conference also marked the first-ever dual semi-finals held in both Hyderabad and Silicon Valley, underscoring TYE’s global commitment to youth entrepreneurship.

The Conference was aimed to inspire and instill the spirit of entrepreneurship among students in an era where entrepreneurship is becoming increasingly prominent. With over 582 million entrepreneurs globally and rapid growth expected in the coming years, this initiative is more relevant than ever.

The conference provided students from classes 9 to 12 with unparalleled opportunities to network with accomplished business leaders and aspiring young entrepreneurs from across India.

The event featured a rich array of activities, including keynotes from renowned entrepreneurs, masterclasses, competition tracks, a Maker Faire, startup showcases, industry tours, and more. Over 25 teams from around the world competed in the global competition, who were winners earlier in the competitions held in their respective regions, demonstrating their innovative ideas and entrepreneurial spirit

Accomplished business leaders from across the globe, such as Phanindra Sama, Founder of redBus, Murali Bukkapatnam, Global Vice Chairman of TiE Global Board of Trustees, Sri Charan Lakkaraju, Founder/CEO of StudentTribe, attended the event to provide insightful keynotes relating to entrepreneurship.

A notable achievement was by a team from India called V Sign, which developed gloves that translate sign language into speech and won the runner-up position in the competition.

About TiE

The Indus Entrepreneurs (TiE) is a global non-profit organization dedicated to fostering entrepreneurship through mentoring, networking, and education. TiE Hyderabad, a chapter of TiE, has been instrumental in nurturing entrepreneurial talent and fostering innovation in the region for the past 25 years.

TiE Hyderabad’s dedication to fostering innovation and entrepreneurship has set a new standard for student conferences, providing invaluable experiences and inspiration for the next generation of entrepreneurs.

Atal Innovation Mission, NITI Aayog & India’s First Funding Show Horses Stable Launches Premiere Edition of Junior Category for Young Entrepreneurs

Atal Innovation Mission, NITI Aayog & India’s First Funding Show Horses Stable Launches Premiere Edition of Junior Category for Young Entrepreneurs

Following the resounding success of the first three seasons, Horses Stable, a show that taps into the hidden potential of brilliant entrepreneurial talents from India, today launched the ‘junior season’ of the show in association with Atal Innovation Mission, NITI Aayog.

The ‘Horses Stable-Junior’ focuses on nurturing the young entrepreneurs and empowers the budding start-ups to pitch their innovative ideas to seek guidance and grants for their future business ventures from an experienced panel of horses.

Sharing his thoughts on the collaboration with Horses Stable, Amitabh Kant, CEO of NITI Aayog said– “Atal Innovation Mission, NITI Aayog is pleased to be associated with the vision of Mr.Suniel Shetty and Mr. Prashant Agarwal to launch the junior category that will encourage the blooming talent and push forward to the growth and development of India, as it aligns with the objectives of AIM, NITI Aayog. The vision also corroborates to the ‘Make in India’ concept and will only fuel the process of grooming and nurturing the next generations.”

Adding to the thoughts, Dr.Chintan Vaishnav, Mission Director-Atal Innovation Mission said, “Horses Stable Junior marks an important step in the journey of India’s innovation ecosystem at the school-level. We have witnessed a great deal of entrepreneurship coming from the students of Atal Tinkering Labs, with students as young as ten years owning a start-up, and many in their teens on their second or third. Horses Stable Junior goes well beyond ATLs by offering a platform to ALL schools and students of India. With today’s launch, I am very eager to discover how the youngest of our citizens are engaging to take our nation forward.”

Horses Stable, an unscripted and non-fiction show is created, and conceptualized by Group CEO of Horses Productions Private Limited-production house of the show Horses Stable Prashant Agarwal, under the mentorship of entrepreneur and star-actor Suniel Shetty. This flagship series is supported by Atal Innovation Mission, NITI Aayog’s flagship initiative to promote innovation and entrepreneurship in the country. With the launch of its Junior season, Horses Stable, deemed as India’s largest business funding show, is promoting the culture of starting young on the entrepreneurial journey and providing a robust platform to hone their business ideas.

Commenting on the same, Prashant Agarwal,said – “It is my vision to set up a platform for the young potential entrepreneurs and I’m glad to have the backing of celebrated actor Suniel Shetty as our host and mentor. We are grateful for NITI Aayog and Atal Innovation Mission’s unwavering support as this collaboration will take the platform to a large audience, who are already a part of the innovation ecosystem in India. The roaring success of the past seasons has encouraged us to bring forth a never seen before concept for junior entrepreneurs. The concept behind the initiative is to shape the future of their idea, through the guidance of experienced and able minds in the ecosystem.”

Expressing his views, Suniel Shetty, Celebrated actor, entrepreneur, Host & Mentor added– “I learned business early. Hands on – taught the value of dal, atta, chawal, dosa, and the price of hard work. The learnings stick in your head longer the earlier you’re pushed into it. It’s the same for business. Today’s kids are brighter at 2 and 5 than we were at 12 and 15. So why not give them a chance? After all, they are our future. And I want the next Bezos, Jobs, and Gates to come from India.”

The application process for the show has begun on 08th June 2022on the official website of Horses Stable. The age category for application is 10 to 17 years old.

The Barry Epling Scholarship for Young Entrepreneurs Still Accepting Applications

The Barry Epling Scholarship for Young Entrepreneurs Still Accepting Applications

For the uninitiated, venturing into the world of business can be very daunting and challenging. Trying to make your way through the hurdles and challenges that get thrown your way when starting up as an entrepreneur is very difficult in many aspects. Anyone who doesn’t have the necessary knowledge and skillsets needed to succeed in business is bound to produce mediocre results or can even end up failing in the worst-case scenario.

Having the knowledge, experience and skillsets of a successful businessman and entrepreneur is the best way to succeed when you are just starting as one or aspire to become one in the future. One of the best ways to prepare for any venture into the world of business is through attending a business course or university. However, the sad reality is that most people who aspire to become entrepreneurs can’t afford to attend a business course let alone university.

Many who aren’t fortunate enough to attend school and immediately jump into business and trade will often find themselves facing several problems that could’ve been easily solved by attending school. No one understands this better than Barry Epling who has sought ways to address this problem. One of the things he has done to help people experiencing this problem is through his scholarship program, the Barry Epling Scholarship for Young Entrepreneurs.

The Barry Epling Scholarship for Young Entrepreneurs promises to award a scholarship worth $1000 to a lucky aspiring entrepreneur. The scholarship is open to all students with a passion for business and plans to become an entrepreneur in the future. Additionally, it is open to current university students with plans to open their business and high school students who plan on entering university in a school of business. This scholarship aims to provide a means for students who are struggling financially but have big dreams of becoming successful businessmen or starting their own company as soon as they graduate.

The man behind the scholarship, Barry Epling, understands the rising costs of education as well as the struggles one might face as an entrepreneur. Having found success as an entrepreneur himself in multiple industries such as telecommunication and stem cell research and therapy, he now seeks to give back to the next generation by fostering and enabling young aspiring entrepreneurs through his scholarship programs. He hopes that through his scholarship program, he doesn’t only allow new entrepreneurs to find success in the field but also teach them the same values and skillset he has as an entrepreneur.

Students of SRM University-AP, Andhra Pradesh become successful young entrepreneurs

With the vision of bringing surveillance cameras to life, Sourav Sanyal, Miran Junaidi, and Saurabh Ghanekar, 4th year, Department of Computer Science and Engineering, SRM University-AP, Andhra Pradesh, founded OurEye.ai, an automated, end-to-end video intelligence solution for enterprises to monitor surveillance camera recordings, leveraging pre-existing CCTV-IP infrastructure. The young entrepreneurs extend their gratitude to SRM AP for shaping their career from the inception of their erudite journey with the university. Miran says, “The pioneering active learning pedagogy at SRM AP in place of a memory-based rote learning method enabled us to evolve as learners. Also, the approachable management at SRM AP supported and encouraged our ideas, steering us to the path of success. Today we feel honoured for achieving the ability to give back to the university that made us. We have the best talent at SRM AP and have employed 6 students in a part-time role.”

The idea of starting a company infused with innovative technology was instilled among the students by the student-run technological club of SRM AP, Next Tech Lab. Miran narrates, “ SRM AP gave us something that no other university has, which was Next Tech Lab. I met my batchmates, the co-founders of OurEye, at Next Tech Lab, where we built so much every day round the clock while having fun with technology. We could not be more grateful for the opportunity and freedom that we got at the lab. Also, SRM AP has Introduced us to mentors like Adithya and Anshuman, founders of Next Tech Lab, who have been there for us every single day and helped us in developing a problem solving and curious mindset.”

Along with sponsoring over 5 international conferences, SRM AP enabled the brilliant students to study a semester at the University of California, Berkeley as part of the Semester Abroad to broaden their horizon of knowledge. The trio envisioned this start-up while they were pursuing their semester at UCB. Miran remembers that when he lost his mobile phone in a park, they had to wait for 10 days for the CCTV supervisor to analyze the cameras. The three students identified that capital expenditure by businesses on setting up cameras is huge and return on investment is low. This drove them to ideate a platform that will send real-time notifications to the supervisors through embedded Artificial Intelligence and Machine Learning technology. OurEye enables businesses to deploy a remote auditor/quality controller through existing cameras. Based on industry requirements, the platform is programmed to observe and monitor, producing actionable insights to improve business operations and scale.

Initially, the students commenced their journey by showcasing their platform in international hackathons. Recalling, Miran says, “The biggest challenge was to raise funds as it entails the daunting task of sharing your idea and vision with the rest of the world.” OurEye received $35000 from Sanjay Mehta led 100X.VC, and currently comprises 23 team members including the 3 co-founders. Being used by 11 companies across 17 outlets, the start-up generated a revenue of Rs. 1.7 million in the recent financial year. The students inform, “We’re learning so many new things and growing so very fast. We also plan to add more features to the platform, hire a sales team to expand the client base to hospitals, schools, and commercial spaces. Very soon after the pandemic, we would be opening an office in Bangalore that would house 35 engineers and other employees.”