TiE Hyderabad, Woxsen School of Business Join Hand To Launch Entrepreneurship Development Programme

TiE Hyderabad, a non-profit entrepreneurship fostering association & Woxsen School of Business on Tuesday (30 May) announced the launch of TiE - Woxsen Entrepreneurship Development Program 2017.

The program will give Startup entrepreneurs the chance to connect with each other and improve their entrepreneurship skills.

Under the program, 20 start-ups would be chosen and taken through a rigorous workshop Program of six days covering two weekends. The program includes knowledge sharing sessions by the faculty of Woxsen School of Business and seasoned entrepreneurs and captains of industries from diverse sectors.

There are no age criteria for the program that will be held on July 14-16 and July 28-30th for 20 slots and the deadline is June 20.  

A recently released industry study revealed startling facts about Indian startup scene which said only 1 in 10 start-ups manages to survive for more than five years due to entrepreneur’s lack of ability to solve multiple testing factors in the entrepreneurship cycle. The new EDP program is a step to resolve this very challenge through industry - academia collaboration.

Veen Pula, Chairman, Woxsen School of Business, said, “Engaging young startups and continuing to inspire them with the fodder of industry updates and advanced techniques to strategize their next move is becoming a must in this era. TiE Woxsen Entrepreneurship Development Program specially designed syllabus and structure works as a backbone for startups when it's most required”,
“Today’s startup trend tells that many startups are not seeing the light of the day as the mortality rate is increasing. This can be caused by many factors. The most important one being preparedness of the startup founder along with his perseverance which needs to be continuously nurtured. This program is one step towards this nurturing”, Pradeep Mittal, President, TiE Hyderabad, said.

Sreedevi Devireddy, Executive Director, TiE Hyderabad added, "This program is a journey where the participant will be taken through the complete cycle of entrepreneurship including Starting from Business-Plan framework, defining a target audience, validating a business idea, building a consistent marketing plan, to the funding options for the venture.” Post the workshop shortlisted startups will be presented to potential investors for funding she added.