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![“Jugaad”
with
Fostering entrepreneurship
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Advocacy - Awareness – Assistance
[ Amplification & Action ]
World’s Largest non-profit organisation for Entrepreneurs.](https://image.slidesharecdn.com/thetiemumbaistory-101214073315-phpapp01/75/The-TiE-Mumbai-Story-1-2048.jpg)
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The TiE Mumbai Story
This document summarizes TiE Mumbai, a chapter of The Indus Entrepreneurs (TiE), which is a non-profit organization supporting entrepreneurs globally. TiE Mumbai is one of the largest and fastest growing TiE chapters with over 1,000 members. It conducts numerous programs every month like education events, mentoring, and networking opportunities to help entrepreneurs. Its goal is to support 100,000 entrepreneurs in Mumbai and 1 million entrepreneurs across India. TiE Mumbai also launched initiatives like TiE Stree Shakti to recognize and support women entrepreneurs through mentoring, awards, and conferences.
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The TiE Mumbai Story
- 1. “Jugaad” with Fostering entrepreneurship through Advocacy - Awareness – Assistance [ Amplification & Action ] World’s Largest non-profit organisation for Entrepreneurs.
- 2. @ TiE Mumbai. . . We like to have fun . . . Driven by passion ! Challenge Status Quo . . .put Purpose above Activity ! Experiment & Innovate . . . For Sustained Value creation & Delivery ! Make life-long friends . . . Collaborate to Grow ! Encourage inclusion & belonging . . . This is YOUR chapter !! We are also the Fastest growing and one of the most Vibrant chapters in the TiE World… with 1,000+ members (& Growing . . .) We conduct 7-8 programs every month for entrepreneurs… And are now planning to diversify even more with 4 TIE Zones TiE {South} Mumbai TiE {North East} Mumbai TiE {North-west} Mumbai TiE {Navi} Mumbai
- 3. Scale of Impact Our Target is to impact… 100,000 Entrepreneurs in Mumbai 1 Million Entrepreneurs across India Inspiration Networking Business-As-Usual Education Mentoring www.ENTERPRISING.IN Business-Un-Usual
- 4. For you & You for TiE Business as usual
- 5. 3600 Through each stageof your enterprise
- 6. How can TiEwork for You Networking Inspira1on Educa1on Mentoring TiE Mentored Entrepreneurs Access to Success
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- 8. TiE Institute Knowledge Series Generic Open Repeat Value Programs Content Specific Awareness Class room Online Topical Programs Series Content Programs Startup Growth Phase Phase
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- 10. Education Engagement Model Inspiration Mentoring Support Activities Valida1on Ideas / Business Challenges Group Mentoring Brief objec6ve interac6ons… • Linked with TiE Educa1on • 1-‐2 hour group interac1on Online – Telephonic – Walk-‐ins sessions. Perspec1ve Business Guidance Camps • Monthly 45min one-‐on-‐one Mentor orienta1on interac6ons • Basic & Advanced Coaching programs • Check point for ENP (mandatory for ENP candidates) ENP – Sustained Mentoring Quarterly Connect Programs -‐ 6 month engagement • Focused networking with Investors, Service Providers, Corporates (Market) In Conversa1on With . . . for all ENP candidates… -‐ High touch sustained Group Mentoring -‐ Wisdom from Iconic TiE Charter Members TiE Mentored Entrepreneurs Access to Success
- 11. Access To Success Debt Equity Capital • Angel Investors • SIDBI • Other Banks • VCs • Other Investors ENP • TiE CMs & Corporate Reference members • Legal • HR Mentor • Market Research Reference Reference Guidance ENP ENP Services • SME Subject Matter Entrepreneur • Financial Services Experts Reference • Payment Gateway • Other Services ENP • Corporate groups • Healthcare • Travel & Hospitality Markets • IT/ITES • Retail • Telecom cos. groups • Aviation • Others
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- 13. The most ‘Jugaad’ by In India
- 17. Enterprising India purpose A TiE MOVEMENT across India… To showcase, celebrate, encourage Diverse, Dynamic, Distinct examples of Enterprising Indians To advocate & amplify TiE’s key philosophy for Entrepreneurship in India… • ‘Mentor/Guide’ entrepreneurs across India • Through “Business Guidance camps”…
- 18. Enterprising India Crowning Jewel The TiE Enterprising India Summit -‐ 2009 3 days of an electric un-‐conference at an unprecedented scale Record & Trend seXng Set-up a 60,000 sq. ft. super dome facility with a 20,000 sq ft Market plce 2,300+ delegates 4crs in revenue 1,000+ mentoring engageements An eclec6c mix of Iconic & inspiring speakers… Co-‐hosted by Narayana Murthy, KV Kamath, Kishore Biyani, Harsh Mariwala, R. Gopalakrishnan, Ratan Tata, Deepak Chopra, Though focus was on Celebrating the Un-celebrated … Quote by Kishore Biyani describing the effort and ambience “I have seen incremental innova1on from TiE over the years, but this is TRANSFORMATIONAL Innova1on at its best. I am inspired !”
- 19. Are you anEnterprising Indian?! Do you know one?! Would you like to meet one?! J OIN A search for inspiring, unique examples of Enterprising India The selected entries will be showcased in 2 ways Presented by Co-hosts at TES (3-4 Ei’s each) Rest many on Ei-portal
- 21. Purpose “ Create a pla`orm to enable, encourage and recognise women who have broken the glass ceiling & overcome societal pressures to realise their dream of star6ng and running their own enterprise successfully ”
- 22. Target Groups WOMEN Entrepreneurs Upper / Middle Grass-‐roots mainstream, urban (urban and semi educated urban for now) Aspira1onal Already have own Desire to run a Ini6ated / Successful (self-‐employed; businesses / self business entrepreneurs employed never employed (currently working or employed; were not) once employed ) ** too large for us to serve now TiE Members Non-‐Members TSS Crea1ve TG Inspire, Educate, TSS Focus Content Localiza1on Include these groups in Mass Awareness mainstream TIE Higher level Mentoring
- 23. Our Approach Penetrate Expand Amplify TiE Mumbai Focus Pan-‐India TiE Stree Shak6 Annual Summit (Mumbai) 1. 3 years of consistent 1. Support & Collaborate value delivery on the with other TiE 1. Recognize – ground Chapters to Foter TSS Awards Women 2009 – 8 selected from 2. 20x increase in TiE Entrepreneurship 35 shortlisted Mumbai Women 2. Inspire and Educate – Members since 2006 2. So far helped ac6vate The workshop and in Ahmedabad, Conference 3. Exci6ng new Formats Chandigarh, Delhi, 2009 – 300 Women “Chat over Chai” Bangalore, Kolkada, Entrepreneurs “Dream Big” Series Rajasthan TSS GEM Study v2.0 Partnerships
- 24. Steering Team Steered by a powerful group consis1ng of • Anita Ramachandran – Founder, Cerebrus Consultants (Chair) • Chanda Kocchar – Managing Director & CEO, ICICI Bank • Rama Bijapurkar – Strategic Marke6ng Consultant • Shikha Sharma – Managing Director & CEO, Axis Bank • Ireena Vidal – Partner ,McKinsey • Vineet Bali – MD, Britannia • Bhar6 Jacob – Partner Seedfund (Bangalore) • Farzana Haque – Consultant, Tata Consultancy Services • Gita Dang – Founder, Talent Advisory Services • Purvi Sheth-‐-‐ CEO, Shilputsi Consultants • Shilpi Kapoor -‐ Founder, Net Systems Informa6cs | BarrierBreak Technologies • Sridar Iyengar – Past President, TIE Mumbai • Manak Singh – ED, TiE Mumbai Driven by • Zankhana Kaur – Program Director • Supported by the TiE Execu6ve office & Member Volunteers
- 25. Pan-‐India Champions A diverse Pan-‐India team of TSS evangelists • Anupama Vatsyan (Chandigarh) • Gita Dang (Delhi) • Julie Desai (Ahmedabad) • Namrata Sharma (Pune) • Namrata Bha6a (Bangalore) • Sabita Rao – (Chennai) • Viji Iyengar (Kolkata) Driven by • Zankhana Kaur – Program Director • Supported by the TiE Execu6ve office & Member Volunteers
- 28. Our Plans for 2010-‐11 • Enhancing Mentoring ini6a6ves o PuXng in place a stronger Mentor training program with support of other ins6tu6ons o Bringing in larger number into mentoring programs • Facilita6ng more interac6on with funding organiza6ons that was felt to be the need • Developing more simple content that can be made accessible to small businesses • Undertaking a Research study aimed at more insights into entrepreneurship in different strata of society
- 29. TiE Stree Shak1 Summit & Awards 2011 • The day long congress will focus on Inspira6on, insights and Connec6vity and will feature o insigh^ul panel discussions on key trends, challenges and opportuni6es o Inspiring stories of both celebrated and uncelebrated Enterprising Women o Meaningful facilitated networking to encourage collabora6on between par6cipa6ng delegates • TSS Awards… in the evening o A new category has been added “Emerging Business” – ‘Rs.2cr – Rs.10cr’ • Focusing on Micro (1Lacs-‐10Lacs), • Small (10L – 2crs) • Emerging (2cr –10crs) • Medium (2crs-‐25crs) Enterprises… o Ac1vely reach out pan-‐India to solicit entries → Leverage each of the 6 Loca6ons to conduct a pre-‐Summit ac6vity → Aim to get 200+ entries this year…
- 30. Stories of TSS Awardees (09-‐10) MICRO ENTERPRISES ANWARA BEGUM, PIALEE ENTERPRISE A micro woman entrepreneur with a turnover of Rs.5lakhs per annum hailing from the Burdwan district of West Bengal, she started her business 10 years ago in a community where women are not encouraged to step out of their houses. She not only funded but scaled her business to other regions around. She without the privileges of education or support included 200+ other women training them & extending their economic independence to the rest of the community. Taking others along with her on the road to independence, economics & success. Anwara’s Pialee Enterprise is an organization that makes a variety of dresses by hand embroidery (Kanthastitch). It also manufactures products like saris, dress materials, blouses, t- shirts, tops, bed covers, stale, dupattas etc. of kanth stitch, in the process providing employment to several women in rural areas. Drawing out new designs and creating superb color combinations that enhance their beauty are Pialee’s forte. With the support of her husband and a small initial investment to boot, Anwara started off Pialee. However, soon she faced problems of funds and capital needed to sustain the business. Another daunting task was convincing women to work for the organization as well as training them to work according to requirements. However, she overcame these challenges to make Pialee an organization that has not only influenced the way people dress, but also impacted the way people around Burdwan live.
- 31. MICRO ENTERPRISES SMITABENJANI, SONA ENTERPRISES Smitaben, a micro woman entrepreneur from Ahmedabad – Gujarat with a turnover of 8.5lakhs & a lean team of 7 has broken the mould of an expected woman entrepreneur. Sona Enterprises deals with production, sales and service of electronic instruments. Smitaben was the first woman to start sales and services for electronic items in her vicinity. Her low formal education made it difficult for her to manage and understand technical products. Lack of seed capital and funds to sustain the business, along with breaking into a male bastion were some of the many challenges she faced. However, she overcame these challenges to make Sona Electronics an established and growing business. We had Smitaben admit while accepting the award that “I am doing business for 30years but I feel successful TODAY”
- 32. SMALL ENTERPRISES NIRMALA KANDALGAONKAR,VIVAM AGROTECH Nirmala, an entrepreneur from Aurangabad founded Vivam Agrotech, an organization that deals in solid waste management 9 years ago. ‘Do not waste, waste’ is the mantra of the organization that uses several environment friendly ways for solid waste disposal. Vivam Agrotech uses vermin-composting systems for disposal of farm and garden waste and bacterial composting for municipal solid waste disposal. Disposal of kitchen waste through biogas systems, which is then used for the generation of electricity, is another area of operations for the organization. Acquiring seed funding and generating awareness about the concept of solid waste management 9 years ago was a huge challenge for Nirmala. Starting alone & dealing with government officials was another challenge & a learning experience. Nonetheless, her perseverance and commitment to the issue helped her overcome these challenges and build a company that today is making waves in the solid waste management space supported by her family. She now also infects several others with her passion & drive in her simple unassuming manner. Unable to communicate in English has never been her barrier as she easily connects with people & large audiences focused to clean the country. On getting awarded she quoted that, “If supported by TiE Stree Shakti & banks, I’ll not only clear the waste of Aurangabad & Maharashtra but the entire nation. I’d love to clean India & make it shine.”
- 33. SMALL ENTERPRISES NUSRATJAHAN ARA, PETALS & FERNS Nusrat was the first lady entrepreneur from the valley of Jammu & Kashmir particularly in floriculture. She started her business in the midst of militancy & political instability wherein even as a community women are not allowed to get into business or out of their ‘burkhas’ (veils). She faced plenty of social pressure & militancy threats but was not deterred. 8years ago artificial flowers were prevalent & she had to convince customers to buy fresh flower bouquets. She had to procure fresh flowers from Delhi & have them delivered by air owing to the perishable nature which led to high costs. Finally she took the brave step of cultivation of flowers locally on a 2 acre land which she took on rent. It helped her to reduce cost & buy her own land wherein she cultivates under hitech green houses & open cultivation which are first of its kind in Jammu & Kashmir. Growing the organization from a Rs.30,000 enterprise that today has a turnover of over Rs.35lakhs is a clear indication that Petals & Ferns is blossoming.
- 34. SMALL ENTERPRISES PAVITHRA Y S, VIVAM AGROTECH Pavithra, a Bangalore based woman entrepreneur founded Vindhya Infomedia, a company that builds and manages data and image processing applications. It also handles form processing and insurance claims for some of its clients. The company is also into Web based services such as data extraction, email marketing, web analysis etc and run a non voice process BPO. With a team size of around a 100 & a turnover of Rs.87lakhs approximately, what makes Vindhya stand out from the also-rans in this space is that it is arguably the only profit making organization whose production floor is completely managed by differently abled people. This not only enables Vindhya to provide equal employment opportunities, but prove a point that business and philanthropy can go hand in hand for a successful cause. Most of Vindhya’s employees are from rural areas. Through sheer hard work and determination, Pavithra was able to overcome the odds stacked against her which included financial support for a venture that would provide employment to disabled people. Today, buoyed by Pavithra’s vision and zeal, the company has won acclaim for itself and is scaling new heights.
- 35. MEDIUM ENTERPRISES GAYATRI SINGH,Q2AMEDIA Gayatri heads New Delhi based 8crore+ company - Q2amedia, a leading education content provider to the U.K, and U.S. markets in the pre-k to 12 segments. Q2amedia was the first Indian company to design and develop a program for U.S. state adoption (from concept to disc) and is today the largest library book packager in the world, developing more than 25 titles per year. The company chose to do creative work for the West 10 years ago at a time when no one believed this could be done in India. Over the years the company transformed itself from doing creative work from India for the U.S./U.K. to developing innovative education products for these markets . The company is now looking at taking these products to the Indian and other developing markets. Being a pioneer in its line of business, Q2amedia faced all the problems a young company does. From lack of initial funding to the skepticism meted out by the West to Indian entities, the company faced it all. On the personal front, Gayatri faced severe family opposition as the organization was initially spending more than what it was earning. However, each time the organization fell, it decided to lift itself up. Through ceaseless commitment and dedication, the company has to some extent achieved its objectives and plans to expand in other horizons soon.
- 36. MEDIUM ENTERPRISES SWETA MANGAL,ZIQITZA HEALTHCARE LTD. Sweta heads ZIQITZA that provides a network of equipped life support ambulances on a 24X7 basis. Her multi-level pricing strategy makes the services accessible to all (users transferred to private hospitals are charged while those transferred to government hospitals are subsidized). Ziqitza also deals with training citizens of Mumbai in first aid and basic life support and runs a women’s helpline which acts as bridge between a woman in need and NGO’s working for women’s issues. From corruption in the healthcare system to lack of trained professionals and existing social beliefs about ambulances, Sweta has fought them all to build an organization that is today known by its emergency code - 1298.
- 37. MEDIUM ENTERPRISES SUVARNA DESHPANDE,SARVESH INDUSTRIES Suvarna heads Sarvesh Industries, a company that deals with manufacturing of corrugated boxes and sheets. The company also specialized in craft and duplex paper cartons required for packing purpose and supplies these to various large manufacturing industries. Operating in a business that is usually male-dominated didn’t come easy. Suvarna had to fight off stereotypes associated with women in a Tier 2 town and this particular industry. Securing funding for the venture too wasn’t easy. Even today, quite often she is referred to Mr. Deshpande – a clear reflection of the male bastions she has broken into. While receiving the award she said, “You feel successful when you are acknowledged & recognized.”
- 39. TiE Spirit Fostering the TiE Give-Back Culture Charter Associate Cer1fied Fostering TiE In Giving Member to Members Students a Giving Philosophy we Grow Associate to the to New back Members Students Students Culture
- 40. TiE About the Program BizWORLD is a Global experiential learning program to orient High-School Students on the basics of . . . Business & Entrepreneurship / Enterprise Money management Teamwork and leadership in the classroom ‘Applied’ Creativity & Innovation... Delivered by TiE and a voluntary group of “Best-in- class” Entrepreneurs who are also Parents !!
- 41. TiE Progression Path TYE (TiE Young Entrepreneur) 9th Grade Biz Movies Elective application 8th Grade Biz Whiz Saving & Investing 7th Grade Biz World Basic Orientation on Entrepreneurship
- 42. TiE Action so far… Pilot Year : 100+ students already oriented 20 BizGuru’s (TiE Members & Parents) volunteered & trained 10 more schools in pipeline Pilot year target – impact 500 young indians
- 43. It’s not goingto be easy. But we’re determined. We’re all ready. We’re committed. We’re driven. All we need is… Your ACTIVE support Thank you !