Meet on entrepreneurship development in Hyderabad

Hyderabad, Oct 24 (IANS) TiE-ISB Connect 2008, the annual networking event for entrepreneurs and investors, will be organised at the Indian School of Business (ISB) here Nov 5-7.

The event is being jointly organised by the Wadhwani Centre for Entrepreneurship Development (WCED) and the Hyderabad chapter of The Indus Entrepreneurs (TiE), a non-profit organisation aimed at promoting entrepreneurship.

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The theme for this year's TiE-ISB Connect is to tap the 'The next 800 million opportunity'. The meet will also review the overall economic growth patterns, compare the scenario with developed nations, and explore possible models for India.

Another issue to be taken up is the migration of labour from the primary farming sector to secondary manufacturing sector and then to tertiary services sector including wage arbitrage, said a statement by the organisers.

TiE-ISB Connect 2008 received 149 executive summaries out of which 112 were received under the bright ideas category and 37 under the cool start-ups category. The business plan showcase this year attracted over 200 entries.

HDFC Bank chairman Deepak Parekh will deliver the key-note address on 'wealth creation and inclusive growth'. Other eminent keynote speakers are ITC chairman Y.C. Deveshwar, Reliance Retail's president and chief executive Bijou Kurien, and David Kayle of global venture fund Acumen Fund.

'Inclusive growth in India requires equal opportunities and entrepreneurship has the potential to meet this demand,' said ISB deputy dean Ajit Rangnekar.

'ISB has focused its efforts to nurture entrepreneurs who will create ventures that will generate opportunities and wealth in the rural and ancillary sectors,' he added.