TiE Chandigarh and Chandigarh Angels Network Sign MoU to Empower Startups with Funding, Networking, and Resources

Chandigarh, December 18, 2024: In a significant step towards fostering entrepreneurship, TiE Chandigarh and Chandigarh Angels Network (CAN) have entered into a strategic Memorandum of Understanding (MoU) to provide startups with unparalleled opportunities in funding, mentoring, incubating, and educating.

This collaboration aims to bridge the gap between innovative startups and potential investors while creating a supportive ecosystem for business growth. Through this partnership, the two organizations seek to empower startups from diverse sectors, irrespective of their revenue stage—pre-revenue or post-revenue.

Key Highlights of the MoU:

Funding Opportunities: Startups will have access to a network of investors, including chapter members of TiE Chandigarh, enabling them to secure capital for scaling their ventures.

Inclusivity: Applications are open to startups from all regions, fostering a global and diverse entrepreneurial ecosystem.

Sector Agnostic: Entrepreneurs from any business segment can apply, ensuring broad inclusivity.

Dedicated Platform: An exclusive link will be generated for startups to submit their funding requirements, enhancing visibility and accessibility to potential investors.

Comprehensive Support: Beyond funding, the collaboration offers startups mentorship, networking opportunities, and incubation support to fast-track their journey to success.

This partnership also ties in with TiEcon Chandigarh 2025, the flagship event of TiE Chandigarh, scheduled to take place on March 6-7, 2025, at Hyatt Regency, Chandigarh. TiEcon 2025 will serve as a marquee platform for startups, investors, and industry leaders to connect, share insights, and explore opportunities. The event will feature keynote sessions, panel discussions, startup pitches, and networking zones, further solidifying TiE Chandigarh’s role as a catalyst for innovation and entrepreneurship.

Satish Kumar Arora, President of TiE Chandigarh, expressed enthusiasm about the partnership:

“This MoU reflects our commitment to building a robust ecosystem for startups. By combining TiE Chandigarh’s extensive network with CAN’s investment expertise, we aim to create a thriving hub for innovation. Events like TiEcon 2025 further amplify our mission by providing startups with a global stage to showcase their ideas.”

Similarly, Ajay Tewari President Chandigarh Angels Network, said: “We are thrilled to collaborate with TiE Chandigarh. Together, we will not only help startups secure funding but also provide them with the tools and connections they need to grow and succeed.”

This initiative underscores the shared vision of TiE Chandigarh and CAN to drive entrepreneurship, innovation, and economic growth across the region and beyond. Startups interested in applying can visit the dedicated link https://www.tieconchandigarh.com/startuppitch for further details and submission guidelines.