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

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Page 1: The TiE Mumbai Story

Fostering entrepreneurship through

Advocacy - Awareness – Assistance [ Amplification & Action ]

World’s Largest non-profit organisation for Entrepreneurs.

“Jugaad” with

Page 2: The TiE Mumbai Story

  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

Page 3: The TiE Mumbai Story

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

Page 4: The TiE Mumbai Story

For you &

You for TiE

Business as usual

Page 5: The TiE Mumbai Story

3600

Through each stage of your enterprise

Page 6: The TiE Mumbai Story

TiE  Mentored  Entrepreneurs  

Access to Success

Inspira1on  

Networking  

How can TiE work for You

Educa1on  

Mentoring  

Page 7: The TiE Mumbai Story

Education

Page 8: The TiE Mumbai Story

TiE Institute Knowledge Series

Generic Open Programs

Repeat Value Content

Awareness Programs

Specific Topical

Programs

Online Content

Startup Phase

Growth Phase

Class room Series

Page 9: The TiE Mumbai Story

Mentoring

Page 10: The TiE Mumbai Story

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  

Page 11: The TiE Mumbai Story

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

Page 12: The TiE Mumbai Story

Business Un-usual

Page 13: The TiE Mumbai Story

‘Jugaad’

The  most  

by  

In  India  

Page 14: The TiE Mumbai Story
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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

Page 18: The TiE Mumbai Story

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  !”  

Page 19: The TiE Mumbai Story

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?!

Page 20: The TiE Mumbai Story
Page 21: The TiE Mumbai Story

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

Page 22: The TiE Mumbai Story

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  

Page 23: The TiE Mumbai Story

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  

Page 24: The TiE Mumbai Story

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  

Page 25: The TiE Mumbai Story

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  

Page 26: The TiE Mumbai Story
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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  

Page 29: The TiE Mumbai Story

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…  

Page 30: The TiE Mumbai Story

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.

Page 31: The TiE Mumbai Story

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”

Page 32: The TiE Mumbai Story

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.”

Page 33: The TiE Mumbai Story

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.

Page 34: The TiE Mumbai Story

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.

Page 35: The TiE Mumbai Story

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

Page 36: The TiE Mumbai Story

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.

Page 37: The TiE Mumbai Story

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

Page 38: The TiE Mumbai Story
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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

Page 40: The TiE Mumbai Story

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 !!

Page 41: The TiE Mumbai Story

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)

Page 42: The TiE Mumbai Story

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

Page 43: The TiE Mumbai Story

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 !