Bhatia Articulates Vision For Entrepreneurial Growth in the Silicon Prairie
SCHUAMBURG, Ill. – January 20, 2000 – Viresh Bhatia, co-founder and CEO of InstallShield® Software Corporation, today was named president of The IndUS Entrepreneurs (TiE®) – Midwest Chapter at its 2000 kick off meeting held at the Holiday Inn Mart Plaza, Chicago. During his acceptance address, Bhatia outlined his vision for entrepreneurial growth within the Silicon Prairie fueled by mentoring, networking and education.
“As the Silicon Prairie continues to thrive, the Midwest’s hotbed of talent inherently fosters entrepreneurial spirit,” said Bhatia. “Our challenge as a not-for-profit organization dedicated to promoting and fostering entrepreneurial efforts, is to nurture and lead that energy in the name of this region’s economic growth, as well as technological advancement everywhere.”
To support Bhatia’s vision, the TiE-Midwest Chapter launched the Angel Forum, a group of charter members, angel investors and venture capitalists organized to provide strategic counsel and financial resources for budding TiE-Midwest Entrepreneurs. In addition to the Angel Forum, TiE-Midwest announced its year 2000 programming and calendar of events which includes noteworthy guest speakers, as well as topical meetings and workshops focused on professional fellowship, legal and financial issues, business development planning and interactive forums. “TiE members across the country have generated more than $50 billion in wealth and played a powerful role in shaping today’s technology marketplace,” Bhatia added. “We are committed to ensuring TiE-Midwest programming provides our membership the tools to advance these results and yield proportionate statistics for this region’s entrepreneurs.”
About InstallShield Software Corporation
Headquartered in Schaumburg, Ill., InstallShield Software Corporation (www.installshield.com) is the leading provider of innovative installation and software deployment solutions. Founded in 1987, the privately held company is recognized worldwide as the leader in software deployment technologies. InstallShield products are ranked by New York-based Media Metrix, Inc., as the sixth most frequently owned and eighth-most-frequently used software among home PC users. InstallShield is also a member for the third consecutive year of the prestigious “Inc. 500,” Inc. Magazine’s listing of America’s fastest growing private companies.
The Indus Entrepreneurs (TiE) is a not-for-profit organization of industry professionals who share the common interests of promoting and fostering entrepreneurial efforts. The members of TiE come from a variety of corporate and academic backgrounds and are united in their efforts to provide a dynamic and vibrant environment in which entrepreneurs can share their experiences and draw from a common pool of knowledge and experience.
The TiE-Midwest Chapter, based on the success of TiE in other regions of the US, was launched on November 13, 1998 drawing overwhelming response from the entire region. Since its inception, TiE Midwest has hosted monthly events with world-class speakers. Its members are entrepreneurs, founders, presidents, CEOs, corporate executives, venture capitalists, engineers, consultants and seasoned professionals. There are five other regional TiE chapters: TiE-Silicon Valley (1992); TiE-Southern California (1997); TiE-Atlantic (1997); TiE-New York (1998); and TiE-Dallas/ Fort Worth (1999). For more information about TiE-Midwest, visit the chapter’s Web site at www.tie-midwest.org or call (847) 289-4542. For more information on TiE-National, visit www.tie.org.