TiE's entrepreneurship summit to kick off today

Hyderabad: Vice President of India M Venkaiah Naidu will on Tuesday inaugurate entrepreneurship summit being organised by The Indus Entrepreneurs (TiE).

To be held virtually, the event will continue till December 10, non-stop for 60 hours across global time zones. TiE, the world's largest network of successful entrepreneurs and professionals, will be hosting the 'TiE Global Summit 2020' through an online platform due to Covid-19 pandemic as there are travel, and social distancing restrictions the world over.

The summit will focus on issues faced and challenged by entrepreneurs, provide a platform for funding, insights into strategies to grow and scale business with focus on new start-up ideas, investments in startups, pitching tactics to help startups attract b2b and b2c businesses and scaling strategies to grow their business by 10x. According to organisers, the summit is expected to have 50,000 attendees. The registrations have already crossed 32,000.

The summit will be attended by over 200 global investors who have potential ability to invest about $250 to $500 million to fund the most suitable entrepreneurs. Union Road Transport and MSME Minister Nitin Gadkari, Delhi Chief Minister Arvind Kejirwal, Telangana's IT and Industry Minister KT Rama Rao and former Andhra Pradesh Chief Minister N Chandrababu Naidu will address the inaugural.

Global and business leaders such as John Chambers, Sir Ronnie Kohan, Jesse Draper, Gautam Adani, NR Narayana Murthy, Indra Nooyi, Mohandas Pai, Kiran Mazumdar Shaw, Swati Piramal, Rohini Nilekani,Vineet Nayar, Tim Draper, Vijay Sekhar Sharma, Ritesh Agarwal and Sheryl Sandberg will attend.

World political leaders including the Presidents of Mauritius, and Costa Rica, Nobel laureates including Abhijit Banerjee, and Mohammad Yunus will be present.