News Tamil Nadu

Startup Tenkasi: A New Initiative To Cultivate Entrepreneurship Among Tenkasi Youth

February 25, 2023
The Commune

In a one-of-its-kind initiative, Ananthan Ayyasamy, the State Vice President of Tamil Nadu BJP Other States & Overseas Tamil Development Cell (OOSTD Cell), has invited young local entrepreneurs in and around Tenkasi to come up with business ideas and proposals to be incubated under ‘Startup Tenkasi’.

The event being held on 12 March 2023 at Esakki Mahal in Tenkasi is happening with the partnership of We The Leaders Foundation, Zoho and median group Dinamalar.

Union Minister of State for Electronics, IT and Skill Development Rajeev Chandrasekhar will preside over as chief guest and deliver the keynote address. BJP Tamil Nadu President K. Annamalai who is also the founder of We The Leaders Foundation and founder of tech company ‘Zoho’ Mr. Sridhar Vembu are the other dignitaries.

Under Startup Tenkasi, entrepreneurs with a convincing scalable business model can submit their pitch deck here before 3 March 2023. The top 5 selected will be given an opportunity to pitch their ideas before the panel and the first 3 winners will be given a cash prize of ₹1 lakh, ₹50,000 and ₹25,000 respectively.

The Startup Tenkasi initiative is being touted as an effort to make Tenkasi the Estonia of India. Estonia is a country in northern Europe which ranks among the most digitally advanced societies in the world. It is known for its innovative education model, virtual business and digital citizenship. Its capital Talinn is known for a thriving start-up ecosystem. Skype, the free video service, was created in Estonia which revolutionized how the world communicates. Likewise, Zoho Desk, a successful software product of Zoho Corporation was built in Tenkasi.

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