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TiE ,AP Tourism to Host Travel and Hospitality Summit


Sun, 07 Mar 2010 10:25:00

Hyderabad: TiE and AP Tourism will host Travel and Hospitality Entrepreneurship Summit 2010.More than 300 entrepreneurs will get to network, pitch for strategic partnership and tap investment opportunities at TiE Travel and Hospitality Entrepreneurship Summit, March 26 in Hyderabad city.

The conference will feature industry experts like Neel Raheja Group President, K Raheja Group of companies, Sateesh Andra, Venture Partner, DFJ Ventures (that has raised $400 million and expects to invest $ 20 million each year in India in innovative start-up companies), N.V.S Reddy, IRAS, MD, Hyderabad Metro Rail and Secretary from Tourism Departments of Government of Karnataka, Tamilnadu & Kerala.

The Summit is organised by TiE-Hyderabad , TiE Bangalore, Mumbai, New Delhi, Chennai, in association with Andhra Pradesh State Department of Tourism and The Westin Hyderabad Mindspace.

"At this summit our focus is to accelerate development of this sector and identify opportunities that will enable entrepreneurs to prosper, by winning the commitment of business and government leaders to make the changes necessary to facilitate the success of entrepreneurs and build a culture of innovation," said JA Chowdary, Chief Mentor TiE-Hyderabad.

"The ability to innovate and build the right eco-system for entrepreneurial development is now widely recognized as an essential ingredient for a successful global economy," said Dr. Ramesh Babu, President TiE-Hyderabad. "How can we contribute to this ability? This is an important question in the minds of Government, Entrepreneurs and Investors. The Travel and Tourism Summit should help to provide answers."

"Our objective at the summit is to present the Government thinking, its commitment and the necessary steps we are taking to change policy and obstructive cultural barriers and to enable collaboration with the private sector, emerging to achieve what, until now, has been unachievable in the State of Andhra Pradesh." Jayesh Ranjan, Secretary of Tourism Department of government of Andhra Pradesh said.

"Access to Capital is yet another big challenge for entrepreneurs. At this summit we will also highlight the opportunity of establishing public-private partnerships to generate the funds necessary for entrepreneurs to transform their creative ideas into lucrative enterprises." Jayesh Ranjan added.

The Summit is designed to benefit, entrepreneurs and venture capitalists who want to discover each other and take early advantage of the emerging travel and hospitality trends and high-tech innovations during the Summit. It offers great opportunity to learn as well as coach.

Prashant Mitta, Managing Director and CEO of EL Techinventio Solutions, an eager participant who registered for the summit said, "Techinventio does quite a bit of technology work in the travel & hospitality vertical. I am looking forward for an exciting day where a lot of learning and unlearning can happen. My main take away from this summit would be to understand & explore new opportunities in the Travel & Hospitality Industry and also looking forward to meet and network with entrepreneurs and officials from these industries."



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