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Home » Press Release » Details
27 Oct 2014
Bangladeshi IT Firms to Participate in TiE 50
Bangladeshi IT firms will be able to participate in the annual award program of The Indus Entrepreneurs (TiE). Prospective Foreign Investments from the investors of the Silicon Valley are anticipated if Bangladeshi IT firms are awarded winners in the contest. This has been announced during a bilateral business meeting where BASIS President, Shameem Ahsan met with The Indus Entrepreneurs (TiE) Silicon Valley President, Venk Shukla at TIE Global Head Quarter in Silicon Valley California.

A detailed discussion was held to increase mutual cooperation between members of BASIS and TiE Silicon Valley. Through BASIS Bangladeshi It companies can participate at TiE50 and the winners of this competition will be eligible to get funding from Silicon Valley venture capital companies.TiE50 is TiE Silicon Valley?s premier annual awards program keenly contested by thousands of technology start-ups worldwide and the awards are announced at TiEcon, the world?s largest conference for entrepreneurs.

Moreover, BASIS member companies can avail small office space at TiE Silicon Valley Incubator which will help them to have presence in USA and get mentorship from successful Silicon Valley Entrepreneurs and Venture Capitalists. TiE Silicon Valley President has invited BASIS President along with business delegates to participate in the TiECon 2015.

BASIS President Shameem Ahsan also invited TiE Silicon Valley Members to visit Bangladesh to explore further Investment and Outsourcing opportunities. TiE Silicon Valley President has accepted the invitation and will visit Bangladesh with a delegation in the near future at a convenient time.

During the meeting Mr. Raj Desai, Executive Director, TiE Silicon Valley and Mr. Ramesh Krishnan, Director, Business Development, TiE Silicon Valley were also present.
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