TiE Hyderabad, SR Innovation Exchange ink multi-year partnership to provide incubation support for women entrepreneurs

TiE Hyderabad and SR Innovation Exchange (SRiX) have announced a multi-year partnership to provide incubation support for the Women Entrepreneurs participating in TiE Women Mentor Camps.

TiE Hyderabad has indicated that it will conduct a series of boot camps in the initial phase of building businesses, to nurture and get them access to seed funding, the market connects to validate the business models plus establish revenue traction.

This partnership intends to provide incubation support for 70+ women entrepreneurs undergoing the TiE Women Mentor Camps in addition to mentoring, hand-holding, and guidance as a long term commitment to enable and enhance their journey.

Announcing a unique union of the two organizations with one goal, TiE Hyderabad President, Sridhar Reddy, CMD of CtrlS, said it is a win-win partnership, bolstering TiE Women members to gain structured incubation support in addition to TiE Mentoring.

Reddy believes that this collaborative learning will enable broadening the outcome of entrepreneurship vision for each of the idea and concept stage women entrepreneurs.

"We foresee multiple synergies and are excited to partner with TiE Women initiatives in the Hyderabad Chapter. This strategically fits into SRIX objectives to encourage Women Entrepreneurship and provide them the much-needed incubation support during their early growth phase. More importantly at a later stage TiE partnership will also help to make a huge impact globally," CEO of SRIX, Sreedevi Devireddy stated.

Under the partnership engagement between TiE Woman Hyderabad Chapter and SRiX Warangal, the chosen woman entrepreneurs will stand to benefit:  2 years of Business Incubation Support - Complete access to MakerSpace, IoT/ESDM CoE, Rapid Prototyping zones and - Access to Seed Fund & Corporate Connects among other benefits.

TiE Women was launched in March 2020 at Hyderabad Chapter of TIE, with an objective to Select, Mentor, Showcase Women-led companies from Telangana State, agnostic of sectors, at any stage of business and potential to achieve global success through TiE Global platform. TiE fosters Entrepreneurs across the globe, the initiative is dedicated to Embrace, Engage, and Empower women entrepreneurs by providing them a safe space to flourish.

The press release says that at this year’s competing program, TiE Woman Hyderabad will select Regional finalists from Hyderabad to participate in an all-expense-paid Global Pitching Competition at TGS or in Dubai in December & a chance to win $100,000 worth prize money. Top 3 finalists from Regional competition at Hyderabad also get to attend a fully paid Bootcamp by EmPower Accelerator.