TiECON CHENNAI 2010 reinforces itself as the largest show in the state for Entrepreneurs

Press release for immediate publication:

TiECON CHENNAI 2010 reinforces itself as the largest show in the state for Entrepreneurs

TiE Chennai Entrepreneur Awards 2010 presented; Over 1000 entrepreneurs and professionals in attendance; "Pitch to VC" session sees participation of 40 entrepreneurs



Awardees – N. Sankar of Sanmar Group, Lifetime Achievement; B.Soundararajan of Suguna Poultry Farm, Entrepreneur of the Year; Dr. N. Mahalingam of Sakthi Group, Distinguished Family Entrepreneur of the Year; Rajshree Pathy of Rajshree Sugars & Chemicals Ltd., Woman Entrepreneur of the Year; Padmasingh Isaac of Aachi Group, Extreme Entrepreneur of the Year; GSK Velu of Trivitron Healthcare, Serial Entrepreneur of the Year and Dr. Sunil Shroff of Mohan Foundation, Social Entrepreneur of the Year



Chennai, November 24, 2010: TiE Chennai’s annual flagship conference TiECON CHENNAI 2010 was successfully held today at the Chennai Trade Center. This year’s conclave with the theme "money-Money-MONEY" attracted over 1000 entrepreneurs, investors and business school students reinforcing its status as the state’s largest show focused on entrepreneurs.

Speaking after inaugurating the conclave and receiving the Lifetime achievement award, N Sankar, Chairman of Sanmar Group said," it is the best time to be an entrepreneur in India, with opportunities in every sector and every area of business." He exhorted the audience to enjoy Entrepreneurship cautioning that it does not work once the fun goes out of it. He also appreciated that values are becoming stronger today and today’s younger generation of entrepreneurs are displaying higher levels of integrity.

In his comments, Gopal Srinivasan, Chairman of the awards committee, TIECON Chennai 2010, said,"The awards play an important role in celebrating entrepreneurship and successful entrepreneurs, thus encouraging them even further. This year, the jury had to meet multiple times to finalize on the awardees and I am happy to see the stalwarts lead the awardees list. Another interesting fact is the diversity of the list, with awardees coming from varied sectors, pointing to the spread of entrepreneurship across sectors and not restricted to IT or consumer, as one always visualizes."

In his address on "The Entrepreneur’s Dharma", Gurcharan Das, the best-selling Author & Management Guru said," It is very important for all entrepreneurs to have a moral compass and focus on building true reputation. He said markets were moral by nature and one cannot deceive it for long."



In his comments, R. Ramaraj, President, TiE Chennai, said, " I am happy to say that this year’s TiECON attracted a large number of Business Leaders, Bankers, Venture Capitalists, Entrepreneurs (Veteran, emerging and aspiring) as well as students and other members of the public. This annual event is getting better, bigger each year and there are new additions of programs and variations with each edition."

Of particular interest in this year’s TiECON was the unique session in Tamil titled "Unnaal Mudiyum Thambi" moderated by Y Gee Mahendra with pioneering entrepreneurs from Tamil Nadu like Padmasingh Issac, Founder of Aachi Group, Dr. A.M. Arun, Chairman of Vasan Eye Care, and Mr. Kumaravel, Founder of Naturals sharing their inspiring business journeys. There were other well attended and highly interactive parallel sessions covering Education, Cloud Computing and Start-ups. The panel discussions – "Where is the Money" and "Raising the Money, When and How much" - focused on various aspects of raising money from VCs, Angel investors and banks at different stages of the enterprise.

The winners and runners up for the LIBA-TiE CHENNAI-EDI-NEN Pan India Business Plan Competition Awards- for the 3 categories a) Student b) General and 3) Social Entrepreneurship Category are respectively as follows:

a) Student Category:

WINNER: Team No. (S1221)– Berty Thomas, Varun Mittal and Ravi Sundaram for Project- Coastal Shipping

RUNNER-UP: Team No. (S1263)– Ashwin Sundaram, Sandeep Chandrasekaran, Sudarshan, Narendran, pursuing MBA from Great Lakes, Chennai for Project- Fribble

b) General Category:

WINNER: Team No. (G1039)- Anantharaman Mani, Bala Ganesh and Manu J, an IIM-B, NIT-Nagpur and IIM-M alumnus respectively for Project- Report Bee

RUNNER-UP: Team No. (G1238)– Hussain Pachmeriwala B.A. Economics, Loyola College, (BD team) Praveen Krishnan, Palaniappan Narayanan, Sripradish Kapikad and Santhosh Kumar C, all pursuing MBA from SPIJMR, Chennai for Project- Koupon

c) Social Entrepreneurship Category:

WINNER: Team No. (E1087)- Rajkumar, Jui and Jyotika, Project- Cycle Chalao

RUNNER-UP: Team No. (E1063)– Aparna, BE, IGNITE 2008 IIM (AHMD) AWARDEE, Ananvishnu, BE, LRAMP IIT Chennai, Dr. Vijayan, Physcian for Project- Metro Agriculture Home Waste



About TiE Chennai: TiE's mission is to foster entrepreneurship globally by Educating, Mentoring and Networking. Founded in Silicon Valley in 1992 by successful entrepreneurs and professionals with roots in the Indus region, today, TiE has 56 Chapters in 13 countries, spread across 5 continents. The TiE ecosystem comprises 11,000 members and 2,400 charter members, who are the top entrepreneurs, venture capitalists, lawyers and management professionals in their chosen field. TiE Chennai holds regular events on its own, as well as through partnerships with other institutions to deliver programs such as Mentoring, Education and Networking on a non- profit basis. For more information visit: www.tiechennai.org

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