TiE supports IT startups

The Middle East chapter of The Indus Entrepreneurs (TiE), a non-profit organisation designed to foster entrepreneurship, is helping 12 UAE-based IT start-ups pitch their business ideas to industry leaders at this year’s GITEX Technology Week.

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TiE supports IT startups Gulati wants to aid regional startups by offering them pitching opportunities.
By  ITP.net Staff Writer Published  October 10, 2011

The Middle East chapter of The Indus Entrepreneurs (TiE), a non-profit organisation designed to foster entrepreneurship, is helping 12 UAE-based IT start-ups pitch their business ideas to industry leaders at this year’s GITEX Technology Week.

TiE will also play host to a number of IT business leaders who will be taking part in panel discussions at the TiE Entrepreneurship Lounge in Sheikh Saeed Hall, throughout the show.

“This year we have created the Entrepreneurship Lounge, which is open to entrepreneurs and we have people like Intel Capital and du as well as other senior people who will pass by here and have a chance to meet the entrepreneurs,” says Prashant Gulati, Past President of TiE Dubai. “We have put up a pitching lounge in association with Intel Capital, where every day two or three start-up companies will get to pitch their ideas in front of industry leaders and display their business models.”

TiE will also be hosting impromptu meetings, free debates and conferences with IT industry leaders, which are open to all GITEX attendees. It will also play host to a mobile apps and content area with panel debates every day on the mobile ecosystem, such as mobile security, mobile advertising and gaming and corporate apps.

“We worked with GITEX to get them the high-profile speakers. Our aim is to make these meetings free unlike the GITEX conferences. These are places that allow the entrepreneurs and youngsters to come here and attend for free as long as they are inside GITEX,” said Gulati.

Last year TiE provided 16 stalls and gave them away to startups, giving them a chance to show their ideas to IT leaders. Start-ups that attended GITEX 2010, included GoNabit, the UAE-based group buying site that has just been acquired by Living Social and has become a household name. “We had Dan Stuart of GoNabit here last year, we had Emirates Mac Users Group, we had Snap to Ship, which has now launched in Jordan, which is something like SnapFish from HP, and they are now trying to launch in the UAE,” said Gulati.

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