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The TiE Entrepreneurial Summit 2007, to be held on December11-13 this year in New Delhi, promises to be a grand networking and mentoring forum for entrepreneurs

It’s that time of the year again when the proverbial great Indian entrepreneurial community converges at one place.

TiE, the global not-for-profit organization founded by prominent entrepreneurs from the Silicon Valley, also known as the Indus Entrepreneurs, are all set to host the TiE Entrepreneurial Summit 2007, its annual entrepreneurial event from December 11-13. The point of convergence, this time, is Taj Hotel, New Delhi.

Networking and mentoring will figure high on the agenda at the summit. Besides this, aspects of funding and deal-flow will also be covered to close the gap of entrepreneurial wants.

The event will see participation from 17 TiE chapters spread across Asia, with an attempt to make it a pan-Asian collaborative international event. Traditionally, though, TiE, being an initiative of entrepreneurs from the Silicon Valley has been popularly associated with IT in general, this year’s event seeks to focus on media, microfinance, clean tech and social entrepreneurship.

According to a TiE press release, around 1,500 delegates, including entrepreneurs, investors, service-providers, academicians and policy-makers are expected to attend the summit.

The speakers for the event include C K Prahalad (Stephen M Ross School of Business, University of Michigan), Kris Gopalakrishnan (Infosys), Pavan Vaish (IBM Daksh), Alok Mittal (Canaan Partners), Ajay Singh (SpiceJet), Kavita Iyer (Minglebox), Pradeep Bhandari (Raymonds), Anil Chawla (D E Shaw), Vispi Daver (Sierra Ventures), Peter Nesbitt (Export Development Canada), Shantanu Prakash (Educomp), K Ganesh (Tutor Vista), Ravi Deol (ex-Barista and Bharti Walmart), Shahzaad Dalal (IL&FS), Preety Kumar (Amrop International), and J J Valaya (House of Valaya)

The perspective is broader in concept, but more channelised in execution. The level of maturity in the conception of entrepreneurship as perceived by those involved in the same is reflected in the agenda that TiE has laid down for the summit. Networking, which comes gratis with almost every TiE event, has been upgraded to a more expedient level. TiE has, this time, launched an online networking tool that would enable all the registered delegates of the event to interact with one-another before the summit and even fix meetings during the summit! As stated in its press release, a delegate will enjoy the privilege of inviting upto 50 other delegates to such meetings and a non-delegate would be able to invite upto 5. Hence, the summit, this time, has been structured in a very flexible fashion to accommodate such meetings.

The tree plantation drive conducted by the New Delhi chapter of TiE on November 17, 2007, set the right tone for making the upcoming Entrepreneurial Summit, an environment-friendly one. With support from Emergent Ventures India, a consultancy offering climate change mitigation services, TiE had rightly chosen the tree plantation drive as the harbinger towards making climate-friendly technology one of its focus areas this year.

On the morning of November 17, around 150 people gathered in the Garhimandu City forest area on the Wazirabad Road to plant 2,000 saplings made available by the Department of Environment for the same. Those who participated in the plantation drive included TiE members, families and many school and college students, many of whom turned up in green t-shirts to drive home the point. For transportation, fuel-efficient buses were utilized and participants were encouraged to use common transportation to reduce fuel consumption and carbon dioxide emission.

The exercise was unique in itself, since this was the first time in the country that a global not-for-profit organization had undertaken to offset its projected energy consumption and carbon footprint associated with an event. TiE is now trying to replicate the same in all other chapters in major cities. Coupled with adequate media coverage, it will not be surprising if it marks the beginning of a trend.

Mentoring, which TiE considers its key value proposition, will be done through Mentoring Clinics focusing on one-on-one mentoring of an entrepreneur by a senior entrepreneur based on the education, views and experience of the budding entrepreneurs in the given industry. Such senior entrepreneurs could be anybody ranging from a seasoned professional to a veteran TiE member with experience in the given field.

In addition to networking and mentoring, TiE has introduced the Deal Flow and Showcase events, which would allow entrepreneurs to showcase their business plans and let them be scrutinized by relevant funding sources. The shortlisted plans would be presented in the investor sessions to be held during the summit. This would not only provide entrepreneurs with a chance to hit the funding jackpot, but would also allow the investing community a sleek peek into the new investing frontiers arising in the country.

More information can be obtained from www.tiesummit.org.

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