WASHINGTON, D.C. – The Global Entrepreneurship Network is excited to announce its partnership with 4832 Workstreet to launch Startup Huddle Hyderabad to support local entrepreneurs in honing their pitch skills and discovering solutions to the challenges they face. On 14th March, 2020, local founders, innovators, and business leaders will come together to help an entrepreneur work through their challenges and crowdsource solutions.
An experiential learning opportunity, Startup Huddle offers a unique program designed to educate, engage and connect entrepreneurs. The Startup Huddle format is consistent in each location: on a given morning, one or two early-stage startup founders give a six-minute presentation of their companies to a diverse audience of peers, mentors, educators and advisers. Each presentation is followed by a 20-minute question and answer session.
Sayan Ganguly, the Lead Organizer, said, “Given the fast-growing Startup Ecosystem in Hyderabad owing to huge inflow of IT and Industry 4.0 investments, it is pertinent that a self-sustaining, collaborative and progressive startup support system flourishes in the city of Hyderabad, taking it to further heights as the IT Capital of India.”
For the first huddle, the organizers have selected Zohan Raza, founder of Memory Foods, an F&B startup which aims at consolidation of the art of producing and supplying food as an active ecosystem of infrastructure, tech, people and logistics.
Jagadish Babu, Startup Huddle Hyderabad co-organizer, expressed his excitement in establishing something which gives a new direction to investment promotion activities in the State, in which even Governments have been clueless so far.
Sri Harsha Alla, also co-organizer, hopes to establish a financially inclusive ecosystem for the startups around the region and their beneficiaries, thereby creating an economically stronger society.
The culture surrounding Startup Huddle is that of a supportive, neutral space, welcoming entrepreneurs to be open and honest about their businesses and the challenges they face. Each event is organized by local entrepreneurs and community builders who volunteer their time to secure a venue, vet and select presenters and publicize the event.
As opposed to a traditional “pitch” environment, Startup Huddle was not created to be critical of entrepreneurs, but rather for the presenters to learn from shared experiences and find ways to support one another as a community.
Startup Huddle is an educational experience for both the audience and the presenters. Presenters are given resources and support to prepare for their presentation and surveyed after their presentation to see what they’ve learned.