20 TiE Chapter winners from across the globe pitched their innovative ideas to the judges last January.
The Dubai chapter of The Indus Entrepreneurs (TiE), which focuses on generating and nurturing the next generation of business people, is launching its second edition of TiE Women as it continues to promote the spirit of entrepreneurship in the Middle East region.
Nominations for the competition focused on empowering female business leaders are open for women-run or women-owned businesses until July 1, with the eligibility requirement that start-ups are in early stage of at least three years or late-stage of up to seven years. The female entrepreneurs will have a chance to present their business ideas to a panel of independent jury members made up of successful entrepreneurs, investors, corporate honchos and exceptional women in the driving seat.
Under this initiative, participants will undergo a year-long comprehensive programme designed by TiE Dubai, which commenced activities in 2013. They will benefit from mentorship sessions with renowned and experienced industry leaders, financial advisory services, strategy coaching, workshops on practical business planning and tips to nail the perfect investor pitch.
To kick off the initiative, Ingie Chalhoub, President and Managing Director at Etoile Group, will be presenting an inspiring virtual session about her trailblazing entrepreneurial journey in the Middle East fashion industry. Joining Chalhoub as she talks about finding success in the virgin market of luxury fashion in the region are last year’s global and Arab world winners. They will be sharing their tips and advice with 2021 participants, as well as offering guidance on the key pitfalls to avoid.
The competition will culminate with a grand finale, where the finalists across TiE chapters will meet during Expo 2020 in the UAE. As well as valuable prizes, they have the opportunity to win up to 100,000 USD and gain support from mentors and investors.
“Today, there are 114 percent more women entrepreneurs than there were 20 years ago. Terms like ‘momtrepreneur’ and ‘women empowerment’ are helping cultivate the right image and motivation needed by young women and mothers, who may believe they lack business acumen, time or courage,” Anastasiya Golovatenko, Programme Co-chair for TiE Women, TiE Dubai, said. “As we see an increase in female-led businesses across the region, that inspiration is spreading outward, and women are taking the bold step to come out of their comfort zone and come up with all kinds of fresh and intriguing ideas to start a business. We are sure initiatives like TiE Women will help others follow suit.”
Anastasiya Golovatenko, Programme Co-chair for TiE Women, TiE Dubai
About TiE Women
A global initiative dedicated to helping women across the globe reach their full potential, TiE Women encourages females by offering the necessary support to build their leadership skills and grow their businesses.
With a vision and goal to ‘Embrace, Engage, Empower’ female entrepreneurs all over the world, TiE Women operates irrespective of the size, origin, interests, standing and background of the enterprise. The first edition of the competition that was built on the pillars of learning, mentoring, access to funding, scalability, safe space and community, received over 100 applications. Some of the Arab participants came from countries like Jordan, Lebanon, Tunisia and Egypt.
Participating in TiE Women can lead to benefits like capacity building, increased networking, knowledge-sharing, global exposure and visibility to other female entrepreneurs and investors. It’s also an incredible opportunity for start-ups to be coached by a diverse group of mentors who are a part of TiE professional network.
To submit your nomination go to: https://bit.ly/3rY2v7K
Participants who want to sign up for the webinar can do so via https://bit.ly/2O6geuI
Did you know?
- Over 163 million women around the world have started their own business in the last five years, accounting for up to 37 pecent. of the workforce.
- In the emirates, 75 percent of female business owners run companies that are active globally.
- We are witnessing positive strides coming out of women entrepreneurship as the first half of 2019 saw 10 companies owned by women become unicorns.
- Information provided by Visa