Ed. Note: This post is a portion of the Limelight on Commerce series, which highlights members of the Department of Commerce that are leading to the vision of an America Built to Last of the president. Before funds can be received by the entrepreneurs, they may be expected to attend a three-month class, which can be educated in community centers by students in the University of Houston's microfinance program. On Saturday mornings, the first class, which ended in December, where they learned the basics of business preparation, product pricing, accounting, as well as other abilities was taken by a group of 50 entrepreneurs.
According to Global Enterpreneurship Monitor(GEM) project India Report 2001, as a result of societal rigidities, Indian girls are as likely to be entrepreneurs. Silicon Valley is abuzz with ideas to develop businesses that are international; deals are continually being negotiated, teams are pulled together and associates are identified. Now, 75 TiE members are mentoring 400 budding entrepreneurs - more than 75 percent of whom are Indo-Canadians.
Though the $100-million company forayed into India in 2005 with an offshore development center in Kolkata and enlarged its operations to Bangalore in 2007 and Mumbai in 2010, it is looking for strategic acquisitions to widen its product-cum-service portfolio and client base to double its revenues over the following couple of years. Today, Rai helps guideNew enterprises as president of the Oregon chapter of The Indus Entrepreneurs (TIE).
As TiE UK continues to nurture entrepreneurship globally, the wider context of the evening will represent the organisation's total work in offering not only structured enablement and business networking, but also hands-on mentoring and training to its community of young and aspiring entrepreneurs, with keynote speakers drawn from your Who's Who of the entrepreneurial community in Great Britain such as James Caan, CEO Hamilton Bradshaw (private equity) and serial entrepreneur; Lord Karan Bilimoria, Life Peer, Founder & Chairman Cobra Beer, and entrepreneur; Nick 'Donohoe, CEO, Big Society Bank.
Mr. Zohar Zisapel, Chairman, RAD Data Communications, a veteran entrepreneur who has fourteen companies under the RAD Group, showed how there are actually no limits to starting up. Zohar spoke about starting up a successful business in Israel, and then going to start several new ones by bringing in great teams to build, working on ideas and running new companies based on the thoughts. The following will soon be allotted to the students to create company images.
Similarly, software professional turned societal entrepreneur Sujata Sahu founded "17,000Ft Foundation" to enhance the lives of locals in Ladakh's most distant places, by empowering them and additionally inspiring tourists to give educational aids and teaching in remote schools. Sairee Chahal, creator, Fleximoms, exhorted women entrepreneurs to build companies that were scalable and seek assistance from accelerators and industry systems like TIE.
The Indus Entrepreneurs (TIE), world's biggest group of entrepreneurs, professionals and corporates, brought the group that was daring on a common platform, to discuss their enriching experiences during the TiEcon 2012 annual convention here, which concluded last weekend. Regardless of the presence of some exceptional women supervisors in technology and finance, their comparative distress was acknowledged by women entrepreneurs in coping with finance and technology. TiE Angels has pulled together about 100 investors in all.
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