About TiE - FAQs
What is TiE?
TiE is a global, not-for-profit network of entrepreneurs and professionals dedicated to the advancement of entrepreneurship. TiE provides a platform for mentoring, networking & education, to entrepreneurs & professionals. Each location of TiE offices is called a chapter. TiE has grown into a prominent, global, not-for-profit organization, which is inclusive and transparent in its governance and operations.
What does TiE stand for?
TiE stands for “The Indus Entrepreneurs”, reflecting the South Asian background of the individuals who chartered the organization in 1992. Over time, TiE has come to represent “Talent, ideas and Enterprise” or ‘The Innovative Ecosystems’ through its activities and influences.
How and when was TiE started?
The concept of TiE was born at the end of 1992 at a lunch meeting of Silicon Valley entrepreneurs and professionals. The idea originated with the objective of sharing and giving back to society. Initially this small group of individuals launched monthly activities, which, in turn, attracted more members. By 1994, TiE had become a formal organization with a larger group of members and participants.
TiE remains a unique volunteer driven organization, with the single-minded focus on its objective.
What is the mission and objective of TiE?
TiE’s mission is to foster and advance entrepreneurship across the globe. Its principle objective is to provide a platform on which people with entrepreneurial spirit and those interested in economic value creation can come together to share ideas. TiE endeavors to cultivate and nurture the ecosystems of entrepreneurship and free-market economics everywhere, as it sees this to be the single most powerful instrument of prosperity.
What is TiE’s philosophical base?
TiE's philosophical base is a compatible blend of the Silicon Valley culture of economic value creation through Entrepreneurship, and the ancient South Asian tradition of Guru/Shishya or Teacher/Disciple relationship. This enables very productive networking and mentoring relationships among and between experienced and budding entrepreneurs and professionals through the two-way exchange of value in experience and knowledge.
TiE's Philosophical Framework is to:
* Create an open, inclusive, and transparent organization
* Provide positive leadership role models
* Emphasize value-creation through informed entrepreneurship
* Maintain high ethical standards
* Display rigorous, intellectually honest behavior
* Pursue a modern, scientific and forward looking approach
* Remain socially responsible
* Do not tolerate pettiness, divisiveness and corruption
* Strive to remain an idea and value-driven organization
Does TiE have any religious or political objectives?
No. TiE does not engage in political or religious activities or any matters that may create divisiveness among people.
Is TiE a venture/investment organization?
No. TiE is not a venture/investments organization. However, TiE members, through their network relationships, often invest in companies with TiE affiliations. TiE also does not endorse any investments, even though companies are presented at TiE events. TiE has facilitated venture investment by providing a platform for entrepreneurs and VC funds to come together.
Is TiE engaged in any educational activities? / Is TiE engaged in direct charitable activities? / What are TiE's accomplishments?
In addition to the impressive membership numbers in thousands, world wide, we believe we have a number of achievements to our credit. The TiE brand is synonymous with entrepreneurship globally and with high quality standards. By facilitating ideas to germinate into actual businesses, TiE has created wealth and helped boost the global economy. Individuals associated with TiE have created businesses with market value over $200 Billion, since 1992. With TiE's continued growth we are confident that this figure will continue to increase. Membership and attendance at TiE events continue to grow at over 20%, even during difficult economic conditions.
TiEcon, TiE Silicon Valley's annual conference, held in May, is considered by many to be the largest entrepreneurial forum anywhere in the world. Also, we strive to proactively initiate new programs to give value to all our constituent members.
How is TiE helping the other regions of the world?
With a global outlook, TiE has established chapters in US, Canada, India, UK, Pakistan, Singapore, Dubai, Australia and Malaysia, the TiE movement has created a strong foothold in many parts of the world. In all these countries, TiE has brought together entrepreneurs, business people, government policy makers, professional service providers, academics, and the media with the objective of enhancing the entrepreneurial climate of the respective areas.
TiE has also been instrumental in making positive changes in Governmental economic policies in some of the global emerging markets. Specifically TiE is credited to have influenced liberalization of key sectors including Telecom & Venture Capital investments, in India.
TiE’s long-term goals…the future of TiE?
TiE aspires to continue the expansion of its chapters and membership worldwide, while maintaining a clear focus on its objectives and philosophies. TiE will therefore continue to encourage and support the efforts and spirit of entrepreneurship everywhere. TiE aims to continue its pivotal role in the formulation of sound ecosystems for regional and national economic growth through private enterprise.
TiE has an access to a large pool of intellectual capital and would like to leverage this to influence public policy, especially in the Indus regions, where most of our founders came from. In the new global economy, the Indus region is emerging as a significant place of economic activity, making compelling business sense to leverage opportunities arising there. TiE due to its strong ethnic base, is in a position to capitalize on these opportunities. The objective is to create wealth by creating an environment for establishing global businesses.
Our future vision is to expand the number of chapters to regions where entrepreneurial activities thrive and to own the ‘Entrepreneurship’ space.
Who can join TiE?
Membership to TiE is open to anyone and everyone interested in the area of entrepreneurship. There are three ways in which one can be part of TiE either as a chapter Charter Member, a regular member or a volunteer. Simply find the local chapter community that you can be part of and approach the chapter to participate and be involved in TiE activities and programs. It's as easy as that!
If your corporation would like to be associated with TiE, we have sponsorship opportunities available for potential sponsors either on a global or local chapter level. Depending on your sponsorship objectives, involvement and needs, you may wish to contact TiE Global or any of the local chapter communities listed for information and opportunities available.
What is the distinction between the three different membership types?
Chapter Charter Members are the backbone of TiE. A typical profile of a Charter Member is a highly successful entrepreneur and high achiever in the industry he or she comes from and is ready, able and willing to invest in time and energy in mentoring and sharing knowledge with the TiE ecosystem. These members subscribe to TiE's philosophical framework. It is strictly by invitation only.
Regular members are either entrepreneurs or aspiring entrepreneurs and professionals with an interest in entrepreneurship.
Volunteers as the name suggest refer to any person who wants to contribute his or her time and skills to any of the TiE projects, events and activities. Again, the involvement is on the chapter level and anyone interested to volunteer his or her time can approach the local chapter for such opportunities.
Is there a membership fee to join TiE?
Yes, there is a membership fee to join TiE and the fee varies from chapter to chapter and is also dependant on the type of membership that one subscribes to. If you are invited to be a Charter Member, the membership fee differs significantly from a general membership fee. Please consult your local chapter for a quote on the membership fee.
Do I have to be a member in order to volunteer for TiE?
No, you do not have to be a member with TiE to volunteer at TiE's activities, programs and projects. TiE heavily relies on volunteers to help with the various projects and activities and any help is greatly welcome. Approach the chapter that you want to volunteer for and depending on the activities, events and programs and also your interests and skills, the local chapter co-coordinator will contact you for volunteering opportunities.
What are the benefits of joining TiE?
The benefits of joining TiE are enormous and far-reaching. TiE has the largest pool of intellectual capital with a high level of global connectivity with chapters in Europe, Asia, the Pacific, North America and Canada. We offer top notch programs, marquee events, forums, special interests groups, networking with the industry's A-list and mentoring programs for members to benefit from. Through such mechanisms, TiE facilitates information and knowledge sharing and also helps germinate ideas to grow into actual businesses! TiE opens doors for aspiring entrepreneurs!