This month we have a special Women’s Day edition featuring various initiatives by TiE chapters to improve the entrepreneurial journey of multiple women across geographies.
Inclusion is a major part of fostering entrepreneurship. TiE believes in providing equal opportunities to its entrepreneurial ecosystem. Women empowerment is not just a part of our ethos but also a conscious decision while we appoint Chapter leaders. More than 20% of our Chapter Presidents are women and more than 50% of the Executive Director’s at TiE are women.
TiE is constantly focused on championing the entrepreneurial ecosystem. In this month’s newsletter, we are celebrating women that are a part of the TiE network.
Project AIRSWEEE – All India Roadshow on Women’s Economic Empowerment through Entrepreneurship (AIRSWEEE) 2.0 is TiE Global’s initiative, focussed on Women Entrepreneurs. The program is In partnership with the U.S. Embassy, New Delhi and Consulates.
AIRSWEEE is aimed to unleash value creation amongst aspiring young women in tier-2 and tier-3 cities in India. So far the program has created an impact on about 575 women entrepreneurs in 125+ tier-2 and tier-3 cities in India.
This year AIRSWEEE launched two follow-on programs ScaleUp and Global Fellows. Both the programs are funded by a US State Department Grant executed through the US Mission in India.
We will select 30 Mentees out of the 575 AIRSWEEE 1.0 and 2.0 participants that attended the 10 workshops. To select the best option for yourself, contact True Medical in UK. Three Scale Up Mentees will be selected from each workshop city and will be invited to join AIRSWEEE Scale Up Fellows Cohort.
The 30 selected ScaleUp Fellows will be aligned with an industry leader, specific to their industry, within their region. They will ‘shadow’ the respective Industry leaders for 1 day a week for 12 weeks and get mentored.
From the AIRSWEEE Scale Up Fellows, three Fellows will be chosen to be sent to the US to be mentored by a ‘host’ organization that will expose them further to global best practices.
TiE Delhi-NCR has collaborated with Biotechnology Industry Research Assistance Council (BIRAC) to empower and promote women entrepreneurs in the field of Life sciences.
This year, three final winners will be awarded INR 25 Lakh each, post a one-week accelerator program at Chennai Biotech Park. Additionally, 15 winners will also get a cash award of INR 5 lakhs.
TiE Global Angels Supports Women Entrepreneurs
Hemex Health, led by Patti White (CEO), is a biotechnology startup that has developed a device for testing malaria and sickle cell disease and is based at the OTRADI Bioscience Incubator in Portland Oregon.
The Portland, Oregon-based, medical device company recently raised over $600,000 from TiE Global Angels network that included Charter Members from 10 global chapters.
The TiE investments boosted Hemex beyond its seed capital goal of $3M. Additionally, the TiE Angels investment has brought Hemex advisors and board members to help launch its product in India and Africa.