SOURCE: TiE Dallas

TiE Dallas

October 31, 2012 09:30 ET

TiE Launches The Young Entrepreneurship Program in Dallas

High School Students in Dallas Learn Entrepreneurship to Compete in Real Life Business Plans

DALLAS, TX--(Marketwire - October 31, 2012) -  Aimed at developing the future generation of entrepreneurs by 'catching them young,' TiE Young Entrepreneurs (TYE) program, currently running in Dallas area high schools, is attracting significant interest in the community.

Aspiring young entrepreneurs get the chance to learn idea generation and business building skills at an early age, through a structured program of class-room lecture sessions, case studies, exercises and finally a business plan competition. The Business Plan competition is to be held on Nov 4th, 2012 at the Alcatel-Lucent Gravity Center in Plano. The winning team gets to participate at an annual Global Competition across TiE's national and global chapters.

"We are excited to offer the TYE entrepreneurship training program in the Dallas community and believe it is a great supplement to the school systems and the portfolio of educationally relevant programs in the DFW area," says Pratima Rao, CEO of Compellink and President and Governing Board Member of TiE Dallas.

TYE weekly classes started end of August, on such topics as Entrepreneurship, Business Planning, Product Design, Sales & Marketing, Finance, Operations, and Administration/Business Law. Classes are taught by successful entrepreneurs from the DFW area, who volunteer their time and feel passionate about giving back to the community.

Case studies and exercises are led by younger entrepreneurs and student peers who have gone through their own entrepreneurial journeys more recently and can make students relate to their experiences more easily.

For the past few weeks, students have worked in teams to brainstorm business ideas and develop an operating plan to implement the ideas. Each team is assigned a mentor who has guided them in developing their ideas into a viable business plan. Students will present their business plan this Sunday to a panel of judges consisting of established Venture Capitalists and Entrepreneurs.

"This is a fantastic program that brings out the creative potential of these young minds in a stimulating environment. This is the best form of giving back to society and having fun while doing it. The program has received tremendous participation from students and volunteer entrepreneurs alike. We are truly encouraged by this response," says Ram Viswanathan, CEO of Nathan Research and Board member of TiE Dallas, who chairs the program.

For additional information on the program visit TYEdallas.org or email ram@nathanresearch.com. Information about TiE Dallas can be obtained from http://dallas.tie.org

About TiE
The Indus Entrepreneurs (TiE), was founded in 1992 in Silicon Valley by a group of successful entrepreneurs, corporate executives, and senior professionals with roots in the Indus region. There are currently 13,000 members, including over 2,500 charter members in 61 chapters across 17 countries. TiE's mission is to foster entrepreneurship globally through mentoring, networking, and education. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE's focus is on generating and nurturing our next generation of entrepreneurs.