Hyderabad:TiE Hyderabad on Saturday announced the winners of TiE Young Entrepreneurs Award for 5th season.
The winners of the Business Plan Competition will fly to the International TyE Finals to be held in the US later this year.
The jury declared Pock & Lick as winners for their business plan of an edible popsicle holder that prevents dripping. ‘Team Nurture’ on the other hand won the runner up position for their plan – an unique nutrition bar to fulfill a “Gonna be mother’s” daily nutritional supply. Each team comprised seven students from different schools
According to organisers, 43 students from 20 schools participated in the competition. Giving away the award, Telangana IT Secretary Jayesh Ranjan appreciated the way schools and parents are encouraging the entrepreneurial spirit in kids.
The fifth season was initiated in August 2017 and the participants underwent a rigorous curriculum on entrepreneurship development with classroom sessions, mentoring and business plan competitions spanning till the end of December.
“We are amazed at the capabilities of these young kids. With TiE’s structured training they can start their entrepreneurial journey and I am sure they will be quite successful,” said Kali Prasad Gadiraju, President, TiE Hyderabad and Office Managing Partner, E&Y Hyderabad.
The jury included Ajit Rangnekar, Director General, Research and Innovation Circle of Hyderabad, Rekha Lahoti, CEO, Kalakriti India and Radha Rani, Executive Director, Visiontek, Linkwell Telesystems Pvt. Ltd.