Student team MyFo - 'My Food My Choice', an aggregator of food service companies, was on Sunday declared the winners of TiE -TYE Summer Business plan competition 2018 held in Hyderabad.
Team "OROME" with 'Eat Fresh Eat Organic' organic home food idea, was adjudged the runners-up as the IndUS Entrepreneurs (TiE-Hyderabad) declared the winning team of TYE (TiE Young Entrepreneurs) summer innovation challenge amongst the five finalists.
MyFo – ‘My Food My Choice’ comprised a team of five students: Varla Ananya Reddy, Gnandeep Gottipati, Avani Patlola, Sucheth Konda, and Likith Kadaveru.
A total of 48 students of class 9 to 12 from over 20 top schools registered for 6th edition of TYE summer school programme that began in May this year.
TYE initiative brings Young Entrepreneurs from different schools of Hyderabad and learn Entrepreneurship101 (one on one) from TiE Mentors, who are accomplished charter members of TiE or successful entrepreneurs.
Under the Summer Innovation Challenge programme, a shortlisted batch of 25 students underwent a rigorous curriculum on entrepreneurship development with 12 classroom sessions, three mentoring sessions followed by an innovation challenge and a grand finale.
In addition to the award, this year, the TYE Summer students find an opportunity to spend a Day with a CEO at his/her office.
"There were quite a few interesting pitches, the jury declared the winners for scoring high on the 8 different parameters which were presentation, business model, and financial viability," said Kali Prasad Gadiraju, President, TiE Hyderabad and Office Managing Partner, E&Y Hyderabad.
During the TYE Summer School course each of the participants interacted with seasoned entrepreneurs. The structured program offered by TiE Hyderabad included a day-long session on Design Thinking by “better by design” team and a team bonding/ group working session by “Hum Consulting”.
A number of industry luminaries were involved in a series of sessions conducted during the TYE program that the students attended including Murali Bukkapatnam (Founder & Chairman, Volksy Technologies), Ekta Bahl (Partner, Samvād Partners), Sanjay Jesrani (Founder & CEO, Go North Ventures), Prasad Vanga (Founder & CEO, Anthill Ventures), Sricharan Lakkaraju (Founder, Stumagz) Vikram Redlapalli (RDP Systems), Raj Neravati (Founder & CEO HUG Innovations) K. Vihari (Co-founder Paymygst) and Mukesh Chandra Anchuri (Founder and CEO – Paymatrix) .
The jury included Deepthi Ravula – CEO, WE HUB, Dr. Balaji Bhayravbhatla Managing Director at HyLasCo Bio-Technology, Niraj Soni, Senior Technical Program Manager at Google Tez works.
With IANS inputs