A Charter Member of the TiE UK and the CEO of the Cohezia group of companies, Chandresh Pala was part of the judging panel for this year’s TiE Young Entrepreneurs (TyE) competition, held in London.
Chandresh is an investor and an entrepreneur who has founded/co-founded a number of technology and design led companies. He has helped founders to grow and achieve successful exits for their companies. As part of Cohezia’s initiatives towards Corporate Social Responsibility, Chandresh also shared his experience and skills on business strategy and modeling in a specially designed workshop. Last year, Chandresh had mentored a few TyE teams as well.
TyE is a business plan and pitch competition for students aged 16-19, who undergo a range of lectures from experienced entrepreneurs and senior professionals. Once the workshops are over, the trained students are divided into several teams to work on a business idea, plan and pitch presentation.
This year’s pitches covered a range of industries including music, smart phone applications, a website for applying to international universities, mobile payment and event management. Chandresh helped select Uniworld as the winners for this year’s competition. Uniworld had presented the concept to enable UK students looking to apply to study abroad a system similar to the UK UCAS system for making their University Applications. The decision was taken after looking at the uniqueness of the concept, their multi-stream revenues and the group’s detailed and accurate exploration of costs.