In an exciting move for aspiring innovators, Tetr College of Business has launched the ‘Tetr – Under 20’ fund, a groundbreaking initiative designed to empower young entrepreneurs. With a total investment of $10 million, this fund aims to provide vital support, resources, and mentorship to students under the age of 20, helping them turn their innovative ideas into successful businesses.
A Vision for the Future
The Tetr – Under 20 fund is not just a financial resource; it’s a comprehensive support system for young visionaries. The initiative is sector-agnostic, with plans to invest in at least 20 ventures across diverse fields, including artificial intelligence (AI), emerging technologies, and sustainability. By fostering innovation in these critical areas, Tetr College is positioning itself at the forefront of the next generation of business leadership.
Pratham Mittal, the founder of Tetr College of Business, stated, “The next decade belongs to those who can harness AI, emerging technologies, and sustainability to solve our world’s most pressing challenges. We’re looking for young minds who see these as tools to reshape industries and create meaningful impact.” His vision underscores the college’s commitment to nurturing entrepreneurial talent that can drive transformative change.
Expert Leadership and Mentorship
The Tetr – Under 20 fund is backed by an impressive roster of industry leaders, including:
- Manoj Kohli (former Head of SoftBank India)
- Viney Sawhney (Professor at Harvard University)
- Nitin Gaur (former Advisory Board Member at Stanford University)
- Mihir Mankad (Professor at Harvard University)
- Debesh Sharma (Founder and CEO of MetaFora)
These experts will not only provide financial backing but also invaluable mentorship, equipping student entrepreneurs with the guidance needed to navigate the complexities of starting and growing a business.
Kohli remarked, “Entrepreneurship is the lifeblood of a thriving economy. Traditionally, VCs look for established businesses with proven records, but we focus on passion and the willingness to learn. Young entrepreneurs can change the world, and Tetr is poised to ignite a generation of such minds in India.”
Empowering Young Innovators
The Tetr – Under 20 fund is designed to offer a multitude of resources for selected participants. Entrepreneurs will gain access to Tetr’s global network of incubation centers, which provide cutting-edge facilities and expert mentorship. Additionally, participants will have the chance to present their ventures at a pitch day, where they can connect with venture capitalists and investors, paving the way for future funding opportunities.
This fund doesn’t just cater to the financially secure; it embraces diversity and aims to support startups from various backgrounds. A dedicated portion of the $10 million is specifically reserved for startups founded by Tetr College students, allowing them to either focus on their entrepreneurial endeavors full-time or balance their business aspirations with their education.
Application Process and Eligibility
The Tetr – Under 20 program invites aspiring entrepreneurs worldwide, as long as they are 20 years old or younger by December 31, 2024. The initiative welcomes both pre-revenue and post-revenue startups, provided they showcase innovative ideas with the potential to disrupt industries.
To apply, students must submit a pitch deck that outlines their business concept and vision. This rigorous selection process ensures that only the most promising and passionate entrepreneurs receive the funding and support they need to succeed.
Building a Global Network
Tetr College of Business, established in 2024 and headquartered in Bengaluru, India, is not just another educational institution. It offers a four-year Bachelor’s program that enrolls 120 undergraduate students from around the world. The college’s unique model emphasizes practical experience, allowing students to build businesses across seven countries, including the USA, Italy, Singapore, Brazil, UAE, India, and Ghana.
Through this hands-on approach, students gain invaluable insights and mentorship from leading educators and business leaders affiliated with renowned institutions such as Harvard, Stanford, MIT, and Cornell. This robust educational framework sets the stage for young entrepreneurs to thrive in the modern global economy.
A Call to Action for Young Entrepreneurs
The launch of the Tetr – Under 20 fund is a pivotal moment for young entrepreneurs who dream of making a significant impact in their fields. As Mittal puts it, “When you combine the fearless innovation of youth with the transformative power of technology, the possibilities are limitless.”
With this initiative, Tetr College is not just investing in businesses; it’s investing in the future. By providing access to resources, mentorship, and funding, the Tetr – Under 20 fund aims to transform ideas into reality, nurturing the next generation of business leaders ready to tackle the world’s challenges.
Conclusion: Shaping the Future of Entrepreneurship
In a world where entrepreneurship is more vital than ever, Tetr College of Business stands out as a beacon of support for young innovators. The $10 million Tetr – Under 20 fund is a testament to the college’s commitment to fostering creativity and ingenuity among its students.
As the initiative takes off, the impact on aspiring entrepreneurs could be profound. With expert guidance, global connections, and essential funding, the young minds supported by this fund could very well shape the future of business and technology.