PLATFORMS FOR KIDS

New platforms are helping entrepreneurial youngsters take their ideas and turn them into companies and products. Two of these platforms are TYE (TiE Young Entrepreneurs) and YEA! (Young Entrepreneurs Academy), both based in the US. YEA! did its first India round in 2016, in Mumbai and Delhi. Selected kids were mentored by entrepreneurs for five months and then participated in a shark tank session where they pitched their business ideas for real funding. The TYE Indian chapter started in 2013 and here too kids are mentored, pitch an idea, and the winner goes on to compete globally for a top prize of Rs 10 lakh.