openPR Logo
Press release

TiE Detroit Fosters Entrepreneurship among youth through launch of TiE Young Entrepreneurs (TYE)

08-19-2011 02:00 PM CET | Associations & Organizations

Press release from: TiE Detroit

/ PR Agency: Logos Communications Inc.
August 18, 2011 – TiE Detroit, the Detroit Chapter of the global not-for-profit organization TiE – Talent, Ideas, Enterprise, has launched a new program to further its mission of fostering entrepreneurship through hands-on mentoring. The new program titled TiE Young Entrepreneurs (TYE) targets a very motivated population segment of high school students by teaching them the basics of entrepreneurship though an intensive mentoring program.

Seema Chaturvedi, co-founder and past President of TiE Detroit, past member of TiE Global Board and chairperson of the TYE Detroit Program, explains the vision behind TYE saying, “TYE’s bigger cause is Social Development. We are committed to creating and nurturing future generation of entrepreneurs and leaders who make positive contributions to not only building a strong network of youth within their local communities, but also leverage TiE’s global network to create value for global business ecosystems.”

TYE accomplishes this objective by offering a training and mentoring program to selected high school students who learn about the challenges and rewards of becoming an entrepreneur. This 9-month long program encourages the youth to get involved in the value creation process by exposing them to the entrepreneurial mindset. Seasoned entrepreneurs and mentors coach high school children (grades 9-12) on a business-focused curriculum. The program culminates to a global Business Plan Competition and nurtures creativity, self-confidence, leadership and overall development of the students.

TiE Detroit’s TYE Class of 2012 will be joining high school students from around the world as teams from 17 other chapters spanning four continents launch the TYE 2012 program in their respective chapters. These locations will include nine cities in the U.S. and Canada (Atlanta, Austin, Boston, Carolinas, Seattle, San Diego, Vancouver and Washington D.C.), six cities from India (Delhi, Chennai, Jaipur, Hubli, Kolkata and Ahmedabad), Melbourne, Australia, and London, UK.

TYE is in it third year of global existence. TYE 2012 builds upon the success of TYE 2011 when Global TYE involved 140 teens from nine cities in the United States, India and the United Kingdom and the final competition was held on April 30, 2011 at Cisco Systems in Research Triangle Park of North Carolina. TYE Global competition sponsors include Wachovia, Cisco Systems, the Kauffman Foundation and NCSU’s Entrepreneur Initiative.

TYE 2012 participating high school students will devote their weekends for nearly four months to learn about entrepreneurship, business models, finance, marketing, law, leadership, and presentation skills. Winning regional teams from all 17 chapters will travel to Atlanta, Georgia in April 2012 to present their business plans in person to global judges. More than the intense competitive spirit, the interaction with team members from diverse locations is expected to build a community of budding entrepreneurs that stay connected through the prestigious TYE Alumni Network.

“Pitching a business idea to an investor is one of the hardest forms of communication,” comments Rupesh Srivastava, President of TiE Detroit. Srivastava adds, “These teens will be able to walk into any boardroom in any company in the world and impress them with their knowledge and acumen. While only some of the pitches will eventually win awards, there were no losers. They are going to be the innovators of tomorrow.”

About TiE
TiE Inc. (The Indus Entrepreneurs) is the world’s largest not-for-profit organization promoting entrepreneurship, spread over 57 locations across 14 countries with a mission to foster entrepreneurship globally through mentoring, networking, and education is delivered to its more than 11,000 members worldwide. Learn more about the TiE Detroit chapter at

TiE Detroit
49197 Wixom Tech Drive
Wixom, MI 48393

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release TiE Detroit Fosters Entrepreneurship among youth through launch of TiE Young Entrepreneurs (TYE) here

News-ID: 188324 • Views:

More Releases from TiE Detroit

FARMINGTON HILLS , MICHIGAN, June 20, 2018-- The Detroit chapter of TiE, opened nominations today for its TiECon Detroit TiE20 Startup Awards, the hallmark event to identify and bring to spotlight the top 20 entrepreneurs and innovators. TiE20 Startup awards will be presented at TiECon Detroit’s annual conference on October 6, 2018 at the Suburban Collection Showplace, 46100 Grand River Ave, Novi, Michigan. TiE20 Awards acknowledges excellence among 20 Early Stage
TiE Detroit presents “Everything is a Presentation” by Michael Angelo Caruso …
The Detroit chapter of TiE, is organizing “Everything is a Presentation” by Michael Angelo Caruso at Tech Town Detroit, 440, Burroughs St., Detroit, Michigan on Thursday, July 26, 2018 - 5:30 pm - 7:30 pm. “Michael is an extremely talented, powerful and innovative speaker. His dynamic style and unique combination of being able to entertain and train at the same time is awe-inspiring. We are excited to have Michael Angelo Caruso,

More Releases for TYE

Military Tactical Vest Market Next Big Thing | Major Giants - Key Players 3M, AR …
The Insight Partners provides you global research analysis on “Military Tactical Vest Market” and forecast to 2027. The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Military Tactical Vest market during the forecast period, i.e., 2020–2027. The report profiles the key
Tuesday, August 11, 2020 (LOS ANGELES) -- Fashion and beauty mentorship program Camp Couture NY|LA has pivoted during the coronavirus pandemic to launch a series of newly revamped virtual on-demand Celebrity Master Mentor trainings for aspiring makeup artists. The one-on-one training sessions provide expert level instruction on specific makeup artistry techniques to develop talent around the globe. Sessions are now available to be booked online at and students will
NENA Brand and Cosmetics Presents The Product for the Everyday Woman on the Move …
Chicago, IL, September 25, 2013 – Nena Cosmetics located in Chicago IL introduces a new product to the skincare and beauty market with variations to work with any skin tone. NENA Everyday is the makeup line for the everyday woman on the move, and whether you wear a lot of make-up or nearly invisible, this line can meet your needs. BB Cream (SPF 30) - Multi-faceted and benefit-packed, this new innovative
Cableaccs Gets Approval For BS 6121 For Its Range of Industrial Brass Cable Glan …
Cable Accessories India (Cableaccs) has received approval from Metatest Laboratories for its range of BW and CW industrial (inddor and outdoor ) cable glands to British standard BS 6121. Cable Accessories India is a manufacturer of a range of Brass cable glands and Cable gland kits. It has recently received approval for its range of indoor and outdoor cable glands ( BW and CW tye cable glands Standard wire armoured
Piper's Pics New Season on SpellCasters
Filmed Live in Orlando, Florida Talent Showcase Airs Hot New Season December 4, 2007 – Los Angeles, CA - Piper’s Pics, the hottest new talent showcase on the East Coast airs their new season on SpellCasters Showcase, Featuring host Sunnie J as well as celebrity guests, this club-based show from Pipersville in Orlando FL showcases the best in new talent from all over the country. Filmed live in Orlando
Roy Gray: "Hosts Kirk, Tye, And Mary Mary Are The Perfect Stellar Awards Choice" …
Popular Weekend Radio Personality Roy Gray Is Ecstatic That Kirk Franklin, Tye Tribbett, And Mary Mary Will Host The 22nd Stellar Gospel Music Awards Show \"Gospel music is gonna take yet another giant leap forward on Saturday, Jan. 13, 2007 when Kirk Franklin, Tye Tribbett and Mary Mary hit the stage to Host The 22nd Stellar Gospel Music Awards Show!\" said Weekend Radio Personality Roy Gray, cousin of \"Mary