the tie mumbai story
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Fostering entrepreneurship through
Advocacy - Awareness – Assistance [ Amplification & Action ]
World’s Largest non-profit organisation for Entrepreneurs.
“Jugaad” with
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 !!
@ TiE Mumbai . . .
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
Education
Inspiration Networking
Mentoring
www.ENTERPRISING.IN Business-Un-Usual
Business-As-Usual
Scale of Impact Our Target is to impact… 100,000 Entrepreneurs in Mumbai 1 Million Entrepreneurs across India
For you &
You for TiE
Business as usual
3600
Through each stage of your enterprise
TiE Mentored Entrepreneurs
Access to Success
Inspira1on
Networking
How can TiE work for You
Educa1on
Mentoring
Education
TiE Institute Knowledge Series
Generic Open Programs
Repeat Value Content
Awareness Programs
Specific Topical
Programs
Online Content
Startup Phase
Growth Phase
Class room Series
Mentoring
Group Mentoring • Linked with TiE Educa1on • 1-‐2 hour group interac1on sessions.
Mentor orienta1on • Basic & Advanced Coaching programs
Valida1on Ideas / Business Challenges Brief objec6ve interac6ons… Online – Telephonic – Walk-‐ins
Perspec1ve Business Guidance Camps • Monthly 45min one-‐on-‐one interac6ons • Check point for ENP (mandatory for ENP candidates)
ENP – Sustained Mentoring -‐ 6 month engagement
TiE Mentored Entrepreneurs
Access to Success
Support Activities
Quarterly Connect Programs • Focused networking with Investors, Service Providers, Corporates (Market) for all ENP candidates…
Mentoring
Engagement Model Education Inspiration
In Conversa1on With . . . -‐ High touch sustained Group Mentoring -‐ Wisdom from Iconic TiE Charter Members
Access To Success
Services Guidance
Markets
• TiE CMs & Corporate members
Debt
• SIDBI • Other Banks
Equity
• Angel Investors • VCs • Other Investors
• Legal • HR • Market Research
• Payment Gateway
• Other Services
• Corporate groups • Travel & Hospitality • Retail groups • Aviation
• Healthcare • IT/ITES • Telecom cos. • Others
Reference
• SME Subject Matter Experts
• Financial Services
Capital
Reference
Reference
Reference Mentor
Entrepreneur
ENP
ENP ENP
ENP
Business Un-usual
‘Jugaad’
The most
by
In India
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”…
Enterprising India purpose
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 !”
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
A search for inspiring, unique examples of Enterprising India
JOIN
Are you an Enterprising Indian?!Do you know one?!Would you like to meet one?!
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 ”
“
Purpose
Target Groups
Upper / Middle mainstream, urban educated
Grass-‐roots (urban and semi urban for now)
Ini6ated / Successful entrepreneurs
Aspira1onal (self-‐employed; employed never employed; were once employed )
TiE Members Non-‐Members
Already have own businesses / self
employed
Desire to run a business
(currently working or not)
** too large for us to serve now
WOMEN Entrepreneurs
TSS Focus Include these groups in
mainstream TIE
Higher level Mentoring
TSS Crea1ve TG
Inspire, Educate, Content Localiza1on Mass Awareness
Expand Pan-‐India
1. Support & Collaborate with other TiE Chapters to Foter Women Entrepreneurship
2. So far helped ac6vate in Ahmedabad, Chandigarh, Delhi, Bangalore, Kolkada, Rajasthan
Our Approach
Penetrate TiE Mumbai Focus
1. 3 years of consistent value delivery on the ground
2. 20x increase in TiE Mumbai Women Members since 2006
3. Exci6ng new Formats “Chat over Chai” “Dream Big” Series
Amplify TiE Stree Shak6 Annual Summit (Mumbai)
1. Recognize – TSS Awards 2009 – 8 selected from 35 shortlisted
2. Inspire and Educate – The workshop and Conference 2009 – 300 Women Entrepreneurs
TSS GEM Study v2.0
Partnerships
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
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
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
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…
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.
MICRO ENTERPRISES
SMITABEN JANI, 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”
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.”
SMALL ENTERPRISES NUSRAT JAHAN 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.
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.
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.
MEDIUM ENTERPRISES
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.
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.”
MEDIUM ENTERPRISES
TiE
TiE
Philosophy In Giving we Grow
Charter Member to Associate Members
Associate Members to the
Students
Cer1fied Students to New Students
Fostering a Giving back
Culture
Spirit Fostering the
TiE Give-Back Culture
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 !!
TiE Progression Path
Biz World Basic Orientation on Entrepreneurship
Biz Whiz Saving & Investing
Biz Movies Elective application
7th Grade
8th Grade
9th Grade
TYE (TiE Young Entrepreneur)
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
It’s not going to 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 !