20 Bright Ideas and 10
Cool Start ups shortlisted for VC Pitch
Hyderabad|India|November'2008: The TiE-ISB Connect 2008 is being organised
at the Indian School of Business (ISB) from November 5 to 7.This is being
jointly organized by the Wadhwani Centre for Entrepreneurship Development (WCED)
and The Indus Entrepreneurs(Tie), Hyderabad chapter.
The theme for this year TiE-ISB Connect is to
tap the ‘The Next 800 million Opportunity’
and review the overall economic growth patterns;
compare with the developed nation and explore the
possible models for India. Discussion will also be
held the about migration of labor pool from
primary farming sector to secondary manufacturing
sector and further to tertiary services sector
including the wage arbitrage.
TiE-ISB Connect 2008 inaugural keynote will be addressed by
Deepak Parekh, Chairman HDFC who is also the chief guest for the
event on the topic “Wealth Creation & Inclusive Growth". Other eminent
keynote speakers during the 3day event are David Kayle,
Acumen Fund, Y C Deveshwar, ITC and Bijou Kurien,
Reliance Retail.
Speaking on the importance of the theme, Ajit Rangnekar,
Deputy Dean, ISB, said, “Inclusive growth in India requires equal
opportunities and entrepreneurship has the potential to meet this demand.
The ISB has focused its efforts to nurture entrepreneurs, who will create
ventures that will generate opportunities and wealth in the rural and
ancillary sectors.”
J A Chowdary, President of TiE, Hyderabad Chapter
said, TiE-ISB Connect has been successful in providing many aspirants who
came with the vision of realising their entrepreneurial dream, a
purposeful destination to turn idea into reality. Our mission, he said is
to play a key role in bringing Bright Ideas and Cool Start ups to
accomplish their journey and find ways to encourage the spirit of
entrepreneurship.
Explaining the need for such a platform, Dr Krishna Tanuku,
Executive Director, WCED, said, “We need more community based support for
entrepreneurship rather than individual. Events such as the TiE- ISB
Connect play a key role in strengthening the community support
forentrepreneurship.”
TiE-ISB Connect 2008 received 149 executive summaries out of which 112
were received under the Bright Ideas category and 37 under the Cool Start
Ups Category. The Business plan showcase this year attracted over 200
business plans under the Bright Ideas and Cool Start-ups categories. .
Sun Startup Essentials will award the winners from
each of the Bright Ideas and Cool Startups categories a Seed Hardware (1
server).Winners will also get :
· Access to Sun Labs at Bangalore to startups to Test / Benchmark /
Port / Scale their applications
· Special offer on My SQL Enterprise
· Access to Engineering Team at Bangalore to help startups tackle the
architecture level issues, scaling issues, and Infrastructure issues
- Access to Technology trainings through Webinars
The keynote and panel discussion at TiE-ISB Connect 2008 event will
feature the emerging sunrise sectors –
- Agriculture & Agri-Processing: Present and Future Potential
- Manufacturing
- Retail
- Energy
- Infrastructure & Urbanization
- Health Care
- Education & Training
The event will also feature workshop on Jumpstart your venture, VC
Connect and a special panel discussion on Taking India Forward.
TiE-ISB Connect 2008 event is supported by TOTEM Infrastructure,
Microsoft, Sun Start Up Essentials, SATYAM, INDU Group, and Microsoft
Start Up Accelerator Program.
TiE-ISB Connect 2008 in city from November 5th
- 7th