TYE (TiE Young Entrepreneurs) is a global youth entrepreneurship program held in 23 cities around the world with the purpose of inspiring, challenging, and empowering motivated high school students to become the next generation of business and community leaders. Seasoned entrepreneurs coach the high school students through an eight-month crash-course of business fundamentals, lessons, which the students then employ to create their own original business plan and Dragon’s Den-style investor pitch to a panel of esteemed judges.
This year, eight teams of TYE Vancouver students competed in the TYE Vancouver Venture Challenge in May at SFU Woodward’s in front of nearly 200 spectators – including Dragon’s Den past dragon Bruce Croxon – for the opportunity to represent TYE Vancouver (and Canada, as the sole Canadian TYE team) in the TYE Global Finals, which will be hosted right here in Vancouver, June 21-22, 2014.
INTI – a tech-savvy team comprised of Arjan Sandhu, Gurjap Thandi, Shiv Vashisht, Sajin Parmar, and Ian Yip – edged out the competition in this year’s Vancouver Venture Challenge for the right to represent TYE Vancouver in the TYE Global Finals with their product idea, Astraea. Astraea is an intuitive navigational tool for the visually impaired. It consists of a smart-handle that can be attached to any walking cane and computerized glasses that interact with each other to illuminate a newfound sense of environment for the visually impaired user. With the sophistication, convenience, and price tag to replace costly seeing-eye dogs, the concept of Astraea was developed by INTI with feedback from the Canadian National Institute for the Blind. INTI has even created a very basic prototype for Astraea without any funding, generating interest from technology news site, Gizmag.
The TYE Vancouver chapter has won the Global TYE Competition for the past two years (in Atlanta, then Washington DC), as INTI is vying to bring Vancouver its third-straight Global Finals win, this time in front of their hometown crowd.
TYE Global Business Plan Competition – For the first time, TYE Vancouver, only TYE chapter in all of Canada will be hosting the Global Business Plan Competition. This global competition engages 700 students from 23 cities around the world. Vancouver will be welcoming teams from the USA and India, primarily, Austin, Boston, Charlotte, Dallas, Detroit, Jacksonville, LA, San Diego, Seattle, Washington DC, Delhi and Hyderabad. Competition will be hosted at the Science World at TELUS World of Science on June 21st, 2014 (Saturday) from 10 AM to 6 PM.
TYE Vancouver’s initiative to engage young entrepreneurs is supported by various community sponsors – KPMG, Fasken Martineau DuMoulin, Coast Capital Savings, Khanna Enterprises, Simon Fraser University, Beedie Development Group, Atiga Invesments, Science World at TELUS World of Science, RTown, Khare Communications and Brady Dahmer Designs
TYE (TiE Young Entrepreneurs) is a youth entrepreneurship initiative under the umbrella organization, TiE (Talent, Ideas, & Enterprises) Global, which has 61 chapters in 18 countries.
If you are, or know of, a high school student interested in participating in the TYE program, please visit TYE Vancouver on the web or follow us on Twitter for information on how to get involved.