TiE plans world’s largest, first virtual global summit


The Indus Entrepreneurs (TiE), a Silicon Valley founded organization to foster entrepreneurship across the globe, has announced plans to host its world’s largest ever and first virtual global summit in December.

TiE representatives – Mahavir Sharma, TiE Global chairman, and Sridhar Pinnapureddy, President, TiE Hyderabad – said the summit to be held from December 8-10 is expected to attract over 20,000 entrepreneurs from over 25 countries, world leaders, influencers and policy makers. In a virtual media conference held on Wednesday, they said the summit will be attended by over 200 global investors with potential funding for 250 startups.

A total of 25 TiE chapters from Americas, Europe, Africa, India, and APAC will be represented at the summit, they said, adding that the entrepreneurs’ network is hosting the first virtual summit due to Covid-19 pandemic associated travel and social distancing restrictions across the globe.

Based on the theme ‘Entrepreneurship 360’, the summit will focus on issues faced and challenged by entrepreneurs. It will provide a platform for funding, insights into strategies to grow and scale business with focus on new start-up ideas, investments in start-ups, pitching tactics to help start-ups attract b2b and b2c businesses and scaling strategies to grow their business by 10x.

TiE Global Summit 2020, which is likely to be inaugurated by Prime Minister Narendra Modi, is expected to be attended by global leaders such as Satya Nadella, Ratan Tata, Elon Musk, Sundar Pitchai, Anand Mahindra, Vijay Sekhar Sharma, Ritesh Agarwal, Kiran Majumdar Shaw, Sheryl Sandberg, and Indra Nooyi among others.

Among the distinguished world political leaders expected to address the global summit include Canadian Prime Minister Justin Trudeau, Singapore Prime Minister Lee Hsien Loong, UK Prime Minister Boris Johnson, German Chancellor Angela Merkel, Crown Prince of the Emirate of Abu Dhabi, Sheikh Mohammed bin Zayed Al Nahyan, and Prime Minister of New Zealand Jacinda Ardern.

Nobel laureates including Abhijit Banerjee, Mohammad Yunus, Amartya Sen, Dalai Lama, Malala Yousafzai, and Kailash Satyarthi and spiritual leaders like Ravishankar, and Sadhguru are also likely to address the summit.

TiE representatives said the global summit will provide an opportunity for entrepreneurs to network, share ideas and interact with investors, business leaders, and policy makers across the globe, besides allowing investors access to the world’s brightest minds to fulfil their investment objectives and invest a few hundred crores after reviewing 200 start-up pitches.

Apart from a total of 100 plus highly successful global entrepreneurs showcasing their products and services, the summit will also have keynote sessions, technology lounge, investor lounge, pitch competitions, boot camps to add value to the 20,000 start-ups and entrepreneurs attending the summit, they said.

The TiE Global Summit 2020 “aims at bringing together students, start-ups, entrepreneurs, global leaders including heads of countries, successful business leaders, investors with a strong intent to invest in start-ups and Nobel laureates aimed at exchanging ideas,” said Mahavir Sharma, Chairman, TiE Global. “It will foster collaboration and networking, between entrepreneurs attending the summit from across 25 plus countries. This will enhance opportunities for startups across India to get investments worth billions of dollars.”

Sridhar Pinnapureddy, President of TiE Hyderabad, said they expect at least 200 entrepreneurs to be funded by the investors during the three-day global summit. “The Covid-19 situation has offered us an opportunity to engage 20,000 start-ups and entrepreneurs on a virtual platform,” he said.





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