TIE (The Indus Entrepreneurs) is the world’s largest non-profit dedicated to fostering entrepreneurship, with 56 chapters and 15,000 members globally. Our New York chapter, faced with robust local competition from for-profit accelerators, startup organizations and dozens of competing events each day, has been forced to evolve beyond the typical TiE chapter structure. We’ve tried many different programs in order to stand out and, about a year ago, chose to launch a new angel investment group. Having limited resources, as a non-profit, it was an uphill battle as we competed for both angel investors and investments.
Fast forward, 12 months and we’ve funded five companies while growing our charter member base by 50%.
Image credit: CC by Temari 09