Tetr College of Business launches $10 million fund for student entrepreneurs

Tetr College of Business, a globally renowned business school, has launched a $10 million initiative called ‘Tetr – Under 20’ fund.

This fund is specifically aimed at supporting young student entrepreneurs by providing them with specific investments and resources to turn their innovative ideas into successful businesses.

The fund will be sector agnostic and will aim to invest in at least 20 companies, focusing on areas such as artificial intelligence (AI), emerging technologies, sustainability and more.

In line with Tetr’s mission, this initiative aims to empower the next generation of business leaders and provide them with access to guidance and mentorship from industry veterans.

Vision and leadership behind the fund

“The next decade belongs to those who can leverage AI, emerging technologies and sustainability to solve our world’s most pressing challenges. We are looking for young minds who see them as tools to reshape industries and create meaningful impact,” said Pratham Mittal, Founder of Tetr College of Business.

“When you combine the fearless innovation of youth with the transformative power of technology, the possibilities are limitless. Through Tetr – Under 20, we aim to support these minds, not only with money, but with all the resources they need to turn that idea into reality,” Mittal added.

The fund is led by a group of leading industry experts including Manoj Kohli (former director of SoftBank India), Viney Sawhney (professor at Harvard University), Nitin Gaur (former advisory board member at Stanford University ), Mihir Mankad (Professor at Harvard University). University), Debesh Sharma (founder and CEO of MetaFora) and Pratham Mittal himself.

These leaders will provide guidance and mentoring to selected student entrepreneurs, offering them the tools necessary to succeed in their ventures.

Opportunities and resources for entrepreneurial students

The Tetr – Under 20 fund empowers the next generation of business leaders through mentorship and industry connections.

Selected participants will have access to Tetr’s global network of incubation centers, offering expert mentorship, state-of-the-art facilities and valuable industry connections across multiple international campuses.

A pitch day will be organized, allowing startups to present their companies to venture capitalists and investors, creating opportunities for future funding and growth.

Backed by a network of venture capitalists, founders and industry leaders, the Tetr – Under 20 fund will offer comprehensive support in product development, marketing, talent acquisition and regulatory guidance. the release notes.

Eligibility and Application Process

The Tetr – Under 20 program is open to aspiring entrepreneurs from around the world who are 20 years old or younger as of December 31, 2024.

The opportunity extends to both pre- and post-revenue startups, as long as they come up with innovative ideas with the potential to transform industries. In exchange, investors will receive shares of the company in proportion to the amount of money they invest in a startup.

To apply, students must submit a presentation outlining their business idea and vision.

A dedicated portion of the $10 million fund is reserved for startups founded by Tetr College students. This initiative allows young entrepreneurs to focus solely on their startups or balance their business projects with their education.

“Entrepreneurship is the lifeblood of a thriving economy, and Tetr’s fund recognizes the immense potential in today’s young minds. Traditionally, venture capitalists look for established companies and teams with a proven track record. However, for young entrepreneurs we only look for passion, a willingness to learn and adapt, and the ability to build and test their ideas with real users. There are many examples of successful entrepreneurs who started early and changed the world: think Mark Zuckerbeg, Bill Gates or, even closer to home, Peyush Bansal (LensKart). Tetr is set to ignite a generation of such young minds in India,” said Manoj Kohli (former head of SoftBank India).

Fostering next generation companies

Tetr College of Business, established in 2024 and based in Bengaluru, India, offers a four-year bachelor’s degree program to 120 university students from around the world.

The university’s unique educational model allows students to gain practical experience by creating companies in seven countries, including the US, Italy, Singapore, Brazil, United Arab Emirates, India and Ghana.

Students also receive mentoring and instruction from a distinguished group of educators and business leaders affiliated with leading institutions such as Harvard, Stanford, MIT, and Cornell.

The new fund is part of Tetr College’s broader mission to nurture and equip the next generation of business leaders with the skills and support needed to build impactful and successful businesses in the modern global economy.