TiE competition ends


International Business Plan Competition (TIBPC) was successfully concluded on Saturday by The Indus Entrepreneurs (TiE) Islamabad Chapter. Over a hundred people attended the event, with participants coming in from all over the country.
Several top entrepreneurs and leading professionals were part of the panel of judges.
US Ambassador Richard Hoagland, Chaudhry Faisal Mushtaq & Roots Millennium Schools CEO and Executive Director HEC Eng Syed Imtiaz Hussain Gillani were amongst the high profile dignitaries who attended the event.
TiE Executive Director Murtaza Zaidi briefed the audience that TiE’s mission was to nurture the next generation of entrepreneurs and this competition is a part of long term objective of creating entrepreneurial experts out of Pakistan. “TiE Islamabad attempted to reach out to every University of Pakistan in order to make sure that the best talent is recognised on the international stage,” he said.
Roots Millennium Schools CEO said Pakistan was a country full of opportunities and those who want to succeed had to believe in their dreams.
The CEO also thanked US ambassador for attending the competition and addressing the young aspiring entrepreneurs.
TIBPC was launched in Islamabad on November 28, 2012 in collaboration with HEC.
National ICT R & D Fund was the exclusive sponsor of the competition. Teams from 36 universities across 16 cities from all over the country participated in the competition. The final round had 13 finalists with three teams qualifying for the Regional Final in Brussels, Belgium. The travel and accommodations expense for Brussels will be sponsored by TiE Islamabad. The team which will win in Brussels will participate in Rice University Business Plan Competition in Houston, USA, which is the world’s most prestigious business plan competition with the prize money exceeding US $1.5 million.