The Boston chapter of The Indus Entrepreneurs, TiE, announced June 11, 2025, that its TiE Young Entrepreneurs (TYE) Academy has been awarded a three-year grant totaling $105,000 from the Cummings Foundation. This funding will be allocated at $35,000 per year.

According to a press release from TiE Boston (tieboston.org) the grant will significantly bolster TYE’s mission to educate and empower high school students across Greater Boston through hands-on entrepreneurship training, mentorship, and startup experience.

Founded in 2005, TYE is a year-long program that introduces students in grades 9–12 to the fundamentals of business and innovation. Participants work in teams to develop real startups, guided by seasoned entrepreneurs and industry leaders. The program fosters leadership, creativity, and confidence, culminating in a pitch competition where students present their ventures to a panel of judges, the press release said.

“This grant from the Cummings Foundation is a tremendous validation of our work to inspire the next generation of innovators,” Purnanand Sarma, president of TiE Boston is quoted saying, adding, “With this support we can expand access to entrepreneurial education for students from diverse backgrounds and communities.”

The Cummings Foundation’s $30 Million Grant Program supports nonprofits in Massachusetts counties where the Foundation operates commercial properties and where most staff and clients live. In 2025, the Foundation awarded grants to 150 local nonprofits, with 125 organizations receiving three-year grants of up to $300,000 each.

The TYE program is part of TiE Boston’s broader commitment to supporting entrepreneurs at every stage—from high school students to seasoned founders—through mentorship, networking, and education.

For more information about the TiE Young Entrepreneurs program, or to apply for our next cohort, visit www.tye-boston.org.

The umbrella TiE organization was founded in 1992 in Silicon Valley by a group of successful entrepreneurs, corporate executives, & senior professionals. Since its existence, TiE Chapters have sprung up around the world to become a platform for entrepreneurs, professionals, industry leaders, investors to interact with one another and forge relationships.

(Used under special arrangement with NIT)

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