TiE

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TiE (The Indus Entrepreneurs) is a nonprofit organization dedicated to fostering entrepreneurship. It sponsors the TiECON annual conference for entrepreneurs from technology companies, venture capital firms, and service providers.

Organization[edit]

TiE has 61 chapters in 18 countries, with a total membership exceeding 15,000. TiE is most closely affiliated with the South Asian business community as a networking forum for entrepreneurs and investors.[1] TiE's sponsors include venture capital firms in Silicon Valley. The World Affairs Council of Northern California held its 2002 annual gala in honor of TiE.[2]

History[edit]

The concept of TiE was born at the end of 1992 at a lunch meeting of Silicon Valley entrepreneurs and professionals. Initially, this small group of individuals launched monthly activities, which, in turn, attracted more members. By 1994, TiE had become a formal organization, TiE Silicon Valley, with a larger group of charter members, members and participants.[3]

Programs[edit]

TYE (TiE Young entrepreneurs) is a TiE Global program that many Chapters organize and run. TYE includes educational classroom sessions, mentoring and a business plan competition for High School students (grades 9-12).[4] The business plan competition includes a written business plan and a verbal presentation. A cash prize is given at the competition.[5]

"TiECON", the annual conference for entrepreneurs, was most recently held in Santa Clara, California on May 15, 16 and 17 2014. Speakers included Steve Mollenkopf, CEO of Qualcomm and Jim Whitehurst, president and CEO of Red Hat.[6] Tiecon 2012 speakers included Lesa Mitchell, VP Kauffman Foundation, Lucinda Sanders, CEO, NCWIT, Sukhinder Singh Cassidy, CEO, Polyvore, Ellen Siminoff, CEO Shmoop, and Vivek Wadhwa.[7]

TiEcon 2015 will be held at the Santa Clara Convention Center on May 15 & 16 2015.[8]

TiE Silicon Valley has an initiative called Billion Dollar Babies that is designed to bring Indian startups to the United States. The types of Indian startups that Billion Dollar Babies is recruiting are those with product and global commercial abilities.[9] The people who lead this initiative are B V Jagadeesh and Raju Reddy, and Venkatesh Shukla.[10] In December 2014 TiE announced the companies selected to be in the first Billion Dollar Babies group. The companies are called Seclore, Sokrati, Vinculum, and Druva.[11]

References[edit]

  1. ^ Warner, Melanie (2000-05-15). "The Indians of Silicon Valley". Fortune. 
  2. ^ "Program Details". World Affairs Council. 2002-04-23. 
  3. ^ "Frequently Asked Questions". TiE Silicon Valley. 2004. 
  4. ^ "TiE Young Entrepreneurs (TYE) Business Plan Competition - Info Session". GarysGuide. Retrieved 18 November 2014. 
  5. ^ "First TiE Young Entrepreneurs Business Plan Competition a Roaring Success". The Burton D. Morgan Foundation. Retrieved 19 November 2014. 
  6. ^ Badrinath, Raghuvir. "TiECon expo in the Silicon Valley to focus on Indian startups". Business Standard. Retrieved 22 November 2014. 
  7. ^ Wadhwa, Vivek. "Fixing Societal Problems: It Starts With Mom and Dad". TechCrunch. Retrieved 5 January 2015. 
  8. ^ "TiECON 2015". Vigilent. Retrieved 23 April 2015. 
  9. ^ KURMANATH, KV. "TiE to take start-ups to Silicon Valley". The Hindu Business Line. Retrieved 4 January 2015. 
  10. ^ Phadnis, Shilpa; John, Sujit. "TiE in Silicon Valley rolls out Billion Dollar Babies to help Indian startups". The Times of India. Retrieved 23 November 2014. 
  11. ^ "Indian startups selected for Silicon Valley’s Billion Dollar Babies program". tech2. Retrieved 6 January 2015. 

External links[edit]

See Also[edit]