Entrepreneurs to showcase their innovative business ideas from healthcare to life sciences to e-commerce
TiE University Global is holding its 5th Annual Pitch Competition Finals on May 5 at the Santa Clara Convention Center at TiECon Silicon Valley with participants from 420 universities pitching business ideas from diverse industries.
The TiE University Global Pitch Competition is a platform for aspiring entrepreneurs to showcase their innovative business ideas to a global audience and win attractive cash and in-kind prizes.
Read: TiE DC announces free pitch competition for student startups (January 20, 2022)
This year, the competition received an overwhelming response with over 1500 teams from 420 universities from 8 countries applied to participate, according to a press release.
The teams pitched their business ideas in diverse industries such as healthcare, tech, energy, life sciences, consumer products, food tech, e-commerce among others.
The top three winners will receive cash prizes of $50,000 for the first prize, $25,000 for the second prize, and $10,000 for the third prize and special prizes in the category of sustainability, lean, women-led etc.
The competition will be judged by 25 experienced entrepreneurs, venture capitalists, and angel investors who will evaluate the teams based on their business idea, execution strategy, market opportunity, and overall presentation, the release stated.
The TiE University Global Pitch Competition is an excellent opportunity for the next gen entrepreneurs to showcase their business ideas, network with industry leaders, and gain valuable insights from experienced entrepreneurs and investors, the release stated.
Most of all, through this platform, they get an opportunity to create viable and scalable business by attracting investors.
With over 20 weeks of continuous engagement and interaction, the program included Masterclasses, Bootcamps held virtually across the globe with some of the best industry experts on various topics ranging from GTM strategy, Digital, Tech, Finance, Pitch deck etc!
Shankar Ram, Chairman of TiE Global said, â€œWe are excited to not just fund these young startups, but as a community, we offer heavy duty mentorship from some of the best in the field.â€
According to Ravi Puli, the CoChair of TiE University Global, â€œAs a first generation entrepreneur, I understand the need to have an enabling environment in the early days. I am just making sure that these young startups hit the ground running.â€
â€œWe are on a mission to spread the virus of entrepreneurship amongst students across the worldâ€, says SubbaRaju Pericherla, the CoChair of TiE University Global.
TiE Global is a global community that fosters entrepreneurship through mentoring, education, and networking. With over 15,000 members in 61 chapters across 14 countries.