Posted by AI on 2025-09-11 20:40:34 | Last Updated by AI on 2025-09-11 22:35:09
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Impactful entrepreneurial organization TiE has announced plans to open three new chapters in Andhra Pradesh, specifically in Amaravati, Vijayawada, and Nellore. This initiative aims to foster entrepreneurship in the state. TiE has played a significant role in creating over USD 1 trillion in global entrepreneurial wealth and is now targeting India's tier-2 and -3 cities as part of its ambitious Mission 1x10x100. Currently, TiE has 30 chapters and over 8,000 members across India, and intends to increase its total number of chapters from 62 to 100 by the end of 2023.
The new chapters aim to encourage entrepreneurship through mentorship and providing necessary exposure and training to help scale their businesses. The key goal is to foster one million entrepreneurs in the next decade, generating over 10 million jobs and contributing over USD 100 billion to the global GDP by 2035. The regions of Amaravati, Vijayawada, and Nellore will serve as important hubs for nurturing and supporting startups, helping them to grow and thrive in the local communities.
By focusing on smaller cities, TiE can tap into vibrant and innovative ecosystems, which can lead to significant breakthroughs and positive socio-economic impact. Overall, the new chapters in Andhra Pradesh are another step towards TiE's vision of empowering entrepreneurs and inspiring future generations.