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The Indus Entrepreneurs (TiE) Global is rolling out new initiatives to enable start-ups in tier-II and -III cities to access capital and technology.
Called TiE 2.0, the organisation that fosters networking forum for entrepreneurs and investors, has launched TiE Global Deal Connect.
This is being developed as a global platform to match a start-up with an investor or an advisor (and vice versa).
“TiE Global Deal Connect will give substance to our claim that TiE ‘Helps start-ups Start Up’, should be up and running by July-end,” said Mr Ashok Rao, Chairman, TiE Global.
This platform will help start-ups in smaller cities such as Hubli, Nagpur, Coimbatore, Chandigarh, Kanpur and Patna access to capital and technology.
“Entrepreneurs in small cities can connect with global entrepreneurs based on each others interest areas,” said Mr Naveen Jha President-TiE-Hubli Chapter and director Deshpande Foundation/DCSE.
Boost to start-ups
“Entrepreneurs in Mumbai, Pune, Delhi and Bangalore are well connected and the platform will give a boost to start-ups in smaller cities,” he added.
Also, for TiE chapters with existing angel funding programmes, the GDC would help them generate supplementary capital, in case the deal is not fully funded locally. TiE has 57 chapters in 14 countries, with 13,000 members.
Mr P K Agarwal, Chief Executive Officer, TiE Global said “This programme emanated from the fact that most of our small and mid-size chapters have entrepreneurs, but lack investment capital. On the other side, a majority of TiE Charter Member investors are now looking for investment opportunities globally.”
Simultaneously, TiE Global has streamlined its operations and launched ‘TiE Wiki’ - a collaborative platform that allows all TiE heads to pool their knowledge and share their best practices.
TiE is working to put all of its knowledge resources in the Wiki, including topics such as chapter directory, Web site manuals, training modules, fundamentals of running a chapter — from speakers available to sponsor brochures, best practices on leadership and mentoring guides.
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