Wednesday, March 30, 2022

TiE BANGALORE SURVEY FINDINGS ABOUT WHAT ENTREPRENEURS REALLY NEED TO SUCCEED IN FY'23.

 The Indus Entrepreneurs (TiE) is the world's largest non profit
organisation for entrepreneurs founded in 1992. Acting as One Stop 
Destination for Education,Mentoring,Funding,Networking and
Incubation,TiE since its founding has been an exemplary liaison
between aspiring entrepreneurs and the entrepreneurial ecosystem.
Since its founding in 1992,TiE has expanded its presence to 14
countries & 62 chapters with more than 15,000 members & 3000
chapter members. TiE Bangalore was the first chapter founded in
1999 outside USA,


has played a pioneering role in fostering the
entrepreneurship ecosystem.

TiE Bangalore conducted in depth survey about what entrepreneurs
really need to succeed in FY'23. The survey findings are as follows:
1.77% of entrepreneurs surveyed believe that networking is a major
   challenge.

2. 63% of respondents noted that they need to rapidly build their own
    learning & internal capabilities.

3. 56% of entrepreneurs cited finding & connecting with the right
    mentors as a challenge.

4. Interestingly,only 40% of entrepreneurs surveyed shared that they
    needed help in accessing capital.

TiE Bangalore  interviewed 200+ entrepreurs across Bangalore-
Founders of early stage start ups,across D2C,Fintech,Healthcare
Manufacturing,Gaming,Mobility,Agritech etc. Around 15% were 
female founders.TiE  has mentored more than 25,000 startups
Globally,which have generated over 2.5 million jobs & USD 1  
Trillion+ in wealth creation.

Mr.B.J.Arun,Chairman,TiE Global said," The Indian start-up
ecosystem has indeed taken off  with 42 startups becoming 
Unicorns in 2021 & another 13 turning Unicorns within the
first three months of 2022."

Mr.Madan Padaki,President,TiE Bangalore said," The survey
has validated that the pillars TiE  -Networking,Mentoring,
Education & Incubation are as relevant today as before".


     

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