Awards for 10 entrepreneurs

www.theedgedaily.com By Michelle Kuan, 6.31pm
Ten entrepreneurs were awarded the TiE Award for Entrepreneurial Excellence on Dec 10 by the Malaysian chapter of The IndUS Entrepreneurs (TiE Malaysia).

The 10 were Alfred Daniel of HSS Intersys; Andre d Cruz' & Suman Menon (Makmal Consulting); Arshad Ashraf (eSmart Systems); Ashok Panchalingam (ProcureHere); P K Loh (Startag); Ong Lam Hoo (Smart Transact); Sivasankar Krishnapillai (First Ray); S N Siva (Virinchi Integrated Solutions); Srikrishna Vadrevu (Sigmax e-Services); and Vyasa Kandasamy (Sires Labs).

A selection committee headed by TiE Malaysia president Tan Sri G Gnanalingam picked the winners. The other panel members included Dr K J John of Mimos, Harry Menon of AKN Capital and Govindan Pillay of Sun Microsystems Malaysia.

Ganalingam said that while TiE Malaysia wanted to reward great ideas, great ideas alone weren't enough. "We also look into the companies' turnover, their profitability, and to what extent do their product or service has an international reach," he said.

TiE is a global, not-for-profit organisation founded in 1992 in Silicon Valley. The objective is to create a pool of intellectual capital in which entrepreneurs worldwide can share, to create wealth, and help society. Since its founding, TiE affiliated individuals have created businesses with an estimated market value of US$200 billion (RM760 billion).

TiE Award To 10 Entrepreneurs  [top]

BERNAMA.COM, Kuala Lumpur, Dec 10, 2002 - A total of 10 Malaysian entrepreneurs were presented with the TiE Award for Entrepreneurial Excellence during a dinner reception Tuesday night. The award recipients were selected on the basis of their companies' turnover, profitability, international reach and growth potential, said TiE Malaysian Chapter in a statement here Tuesday.

They were picked by a committee headed by TiE Malaysia president, Tan Sri G. Gnanalingam, that included among others Dr K.J. John of Mimos, Harry Menon of AKN Capital, Govindan Pillay of Sun Microsystems Malaysia.

The event, officiated by the Works Minister, Datuk Seri S. Samy Vellu, was hosted by the Malaysian Chapter of The IndUS Entrepreneurs (TiE Malaysia).

TiE Charter members, all successful entrepreneurs in their own rights, who mentored those winners, were also honoured during the event to recognise their efforts nurturing entrepreneurship in Malaysia.

"We want to reward great ideas. But great ideas alone aren't enough," said Tan Sri G. Gnanalingam, "So, we also look into the companies' turnover, their profitability, and to what extent do their product or service has an international reach."

TIE, a global, non-profit-making organization, was founded in 1992 in Silicon Valley to create a pool of intellectual capital in which entrepreneurs worldwide can share, create wealth, and help the society-at-large.

Its singular focus is on entrepreneurship, with no political or religious affiliations. Since its founding, TiE affiliated individuals have created business with an estimated market value of US$200 billion (RM760 billion).

TiE came to Malaysia when TiE Malaysia, one of the 38 TiE chapters worldwide, was launched on Jan 22, 2002 by Energy, Telecommunications and Multimedia Minister, Datuk Amar Leo Moggie.

TiE Malaysia's main strength, however, lies in its unique mentoring programme. Through the programme, TiE Malaysia creates an opportunity for young, budding entrepreneurs to meet somebody who is clearly a role model, who could then share his or her business insights and, sometimes, even investment cash.

The mentoring sessions are organised on a rolling basis for members to meet with any one of our 30 Charter members. Typically, the session lasts for about an hour, and the members need not meet any pre-requisites or pay additional fees to participate in this programme.

The award winners, their companies, and their mentors:

* Alfred Daniel of HSS Intersys - Mentor: Datuk Kuna Sittampalam Develops and distributes computer solutions and management systems for engineering and construction industries.

* Andre d'Cruz & Suman Menon of Makmal Consulting - Mentor: Puvanesan Subenthiran

Serves as an IT and business consultancy specialising in software design and development, web hosting and maintenance and e-technology integration.

* Arshad Ashraf of eSmart Systems - Mentor :Omar Merican Provides a web solution that allows real-time, online, 24 hours a day Golf Tee Time management and reservation.

* Ashok Panchalingam of ProcureHere - Mentor: Datuk Saifuddin Abdullah Enables electronic procurement that includes online tender, bids, invoices and POS. It has won approval of JEXIM, MOF and numerous public listed companies.

* P.K. Loh of Startag - Mentor: G. Rubendra Provides innovative Smart Card based solutions and applications. Have installed Smart Card based cashless systems at Kolej Damansara Utama (KDU) and Westport Malaysia.

* Ong Lam Hoo of Smart Transact - Mentor: Omar Merican Serves as a one-stop powerhouse for e-commerse solution for clients and partners.

* Sivasankar Krishnapillai of First Ray - Mentor: Augustus Ralph Marshall Provides portable multimedia software and game shows for corporate and educational events

* S.N. Siva of Virinchi Integrated Solutions - Mentor: Datuk S. Shantakumar A technology solution provider enabling Net markets, Private Exchanges and Supply chains.

* Srikrishna Vadrevu of Sigmax e-Services - Mentor: Asgari Stephen Provides Business Process Outsourcing services for all industries, and specialises in back office operations of Financial Services. A new company that won funding from MAVCAP on October 2002.

* Vyasa Kandasamy of Sires Labs - Mentor: D. Mohana Krishnan & D. Vidya Designs and develops high speed, low power optical communication chips targeted at the datacomm and networking market. -- BERNAMA

Malaysia Capable Of Having Its Own IT Giants   [top]

BERNAMA.COM, Kuala Lumpur, Dec 10,2002- Malaysia is capable of having its own Information Technology (IT) giants, perhaps within a decade, Works Minister Datuk Seri S.Samy Vellu said Tuesday. He said this was possible in view of the continued enthusiasm and enterprise shown by the government and the people.

"This (having our own IT giants) is very necessary to continue the truly success story that Malaysia is in the eyes of the world today," he said at the TiE Awards Nite organised by the Malaysian chapter of the IndUS Entrepreneurs (TiE Malaysia) here.

Ten Malaysian entrepreneurs received the TiE Awards from Samy Vellu for their "drive and courage shown and the difference they have made in the IT field".

TiE, a global, non profit organisation was founded in 1992 in the Silicon Valley to create a pool of intellectual capital in which large entrepreneurs worldwide can share, create wealth, and help the society.

Since its founding, TiE affiliated individuals have created business with an estimated market value of RM760 billion. Samy Vellu said Malaysia's drive to become an IT hub has been a great success, making it one of the best in the region, if not the world.

He said the feat was attributed mainly to investment in terms of infrastructure and the government's commitment in providing the ideal setting for the IT industry to flourish.

"I am confident that eventually Malaysians will excel in the IT industry just as we have done it with others, be it agricultural, manufacturing or the services industries," he said.

Samy Vellu said he was aware that there were many countries that had a headstart in the IT industry especially the United States, Europe, Korea and Japan. Lately, the Indians have become the greatest proponents of the IT industry both at home and abroad.

"As such, we have a race to catch up to succeed. We have to depend on our academia, our youth and our entrepreneurs. They will only succeed if they dare to dream, dare to trust their own talents and dare to believe that we can do it in the true spirit of "Malaysia Boleh"," the minister said.

He paid tribute to TiE Malaysia Chapter, saying that it can be truly proud of today's event as it was not easy to identify and mentor 10 entrepreneurs within a year of TiE's commencement of activities in Malaysia. -BERNAMA

Entrepreneurship awards for 10- Recipients chosen based on drive, courage in IT field   [top]

THE SUN, Nov 21st, 2002- Ten Malaysian entrepreneurs will be selected as the recipients of The Indus Entrepreneurs (TiE) Awards on Dec 10.

TiE charter members, all leaders with demonstrated success in their respective fields, who mentored the winners, will also be honoured during the event to recognize their contribution towards entrepreneurship in Malaysia.

The recipients were selected on the basis of the drive and courage they have shown going their own way, and the difference they have made in the Information Technology field.

“We want to reward great ideas. But great ideas alone aren’t enough,” said Tan Sri G. Gnanalingam, TiE Malaysia president.“So, we also look into the companies’ turnover, their profitability, and to what extent do their products or services have an international reach.

“Almost all these companies are young. They were either struggling, or were in their formative years when they came to TiE Malaysia’s attention. And, with the help of TiE Malaysia, they have transformed themselves into winners. That needs recognition.”

TiE Malaysia is confident that this event, believed to be first of its kind, will create a greater awareness among Malaysians of the opportunities that are available to them though TiE.

TiE, a global, non-profit organization, was founded in 1992 in the Silicon Valley to create a pool of intellectual capital in which entrepreneurs worldwide can share, create wealth, and help the society at large.

Its singular focus is on entrepreneurship, with no political or religious affiliations.

Since its founding, TiE affiliated individuals have created business with an estimated market value of US$200 billion (RM760 billion).TiE came to Malaysia when TiE Malaysia, one of the 38 TiE chapters worldwide, was launched on Jan 22 by Energy, Telecommunications and Multimedia Minister Datuk Amar Leo Moggie.

Since its inception, TiE Malaysia has organized numerous programmes that included international speakers like Dr. Om Singla of eCentrix, Raj Popli of Interra, and Professor Tarun Khanna and Professor Warren McFarlan, both of Harvard Business School.

TiE Malaysia’s main strength, however, lies in its unique mentoring proggrame. Through the programme, TiE Malaysia creates opportunity for young, budding entrepreneurs to meet somebody who is clearly a role model, who could then share his or her business insights and, sometimes, even investment cash.

“In other words, TiE is about a group of entrepreneurs who have made it, who go out of their way to help other entrepreneurs to make it,” said Gnanalingam.

“It is India’s classic guru-sishya, or teacher-student relationship, applied to a business contact.

“Many Malaysians may have the talent, the right attitude, and even a winning idea, but they may not have access to unbiased guidance and business counseling, or capital venture.”

So, the mentoring sessions are organized on a rolling basis for members to meet with any one of our 30 charter members.Typically, the session lasts for about an hour, and the members need not meet any pre-requisites or pay additional fees to participate in this programme.

10 Malaysian Entrepreneurs to receive TiE Award   [top]

Kuala Lumpur 20th November 2002 Since the founding of Tie Malaysia, TiE affiliated individuals have created business with an estimated market value of US$200 billion (RM760 billion).

10 Malaysian entrepreneurs will be selected as the recipients of the TiE Award during the TiE Dinner on December 10. The recipients have successfully demonstrated their expertise in their respective fields and will be honored during the event to recognize their contribution towards entrepreneurship in Malaysia.

“The recipients are selected on the basis of the drive and courage they have shown going their own way, and the difference they have made in the Information Technology field”, said Tan Sri G. Gnanalingam, TiE Malaysia president.

“We want to reward great ideas. But great ideas alone are not enough. Therefore, we also look into the companies’ turnover, their profitability, and to what extent do their products or services have an international reach”.

“Almost all these companies are young. They were either struggling, or were in their formative years when they came to TiE Malaysia’s attention. And, with the help of TiE Malaysia, they have transformed themselves into winner. That needs recognition”.

TiE Malaysia is confident that this event, believed to be first of its kind, will create a greater awareness among Malaysians of the opportunities that are available to them through TiE.

TiE, a global and non-profit organization, was founded in 1992 in the Silicon Valley to create a pool of intellectual capital in which entrepreneurs worldwide can share, create wealth, and help the society-at-large. Its singular focus is on entrepreneurship, with no political or religious affiliations.

Tie came to Malaysia when Tie Malaysia, one of the 38 Tie chapters worldwide, was launched on Jan 22 by Energy, Telecommunications and Multimedia Minister Datuk Amar Leo Moggie.

Since its inception, TiE Malaysia has organized numerous programmes that included international speakers like Dr. Om Singla of eCentrix, Raj Popli of Interra, and Prof. Tarun Khanna and Prof. Warren McFarlan, both of Harvard Business School.

TiE Malaysia’s main strength, however, lies in its unique mentoring programme. Through the programme, TiE Malaysia creates an opportunity for young, budding entrepreneurs to meet somebody who is clearly a role model, who could them share his or her business insights and, sometimes, even investment cash.

In other words, TiE is about a group of entrepreneurs who have made it, who go out of their way to help other entrepreneurs to make it.

“Many Malaysians may have the talent, the right attitude, and even a winning idea, but they may not have access to unbiased guidance and business counseling, or capital venture”, said Tan Sri G. Gnanalingam.

Tie award winner credits mentor system   [top]

STAR, Dec 13th 2002-AT the behest of his mentor, civil engineer Alfred Daniel coo-developed a computerized solution and management system for the engineering and construction industries, an effort that won him a TiE award for entrepreneurial excellence.

Daniel, the chief executive officer of HSS Intesys Sdn Bhd, was one of 11 recipients who received their award from Works Minister Datuk Seri S. Samy Vellu at a ceremony hosted by the Malaysian Chapter of The IndUS Entrepreneurs (TiE Malaysia), in Kuala Lumpur on Tuesday night.

TiE is a global, non-profit organization that was founded in 1992 in Silicon Valley, US, to create a pool of intellectual capital that entrepreneurs could share, use to create wealth as well as help society-at-large, and was launched in Malaysia on Jan 22, 2002. TiE Malaysia is one of its 38 chapters worldwide.

Crediting his mentor, Datuk Kuna Sittampalam, for his success, Daniel said TiE’s mentor system was extremely helpful as it provided the necessary elements that an entrepreneur lacked due to inexperience in specific fields.

“My Mentor, as a businessman, was able to identify all the processes involved from end to end, and showed me how to project had to be aligned to business needs,” Daniel told Star Business. Sittampalam also guided Daniel on the relevant business strategies fr the project, its practical applications, and how to manage it for the market.

Daniel, a civil engineer, said it was his mentor that had thought of the project originally and had suggested he, Daniel, work on it with his engineering and design experience. The result was the Design & Build Exchange portal, launched in Kuala Lumpur on Sept 11 last year.

TiE’s mentoring process is organized on a rolling basis for members to meet with any of TiE Malaysia’s charter m embers, who would share with the budding entrepreneurs their business insights, and even help with investment fund.

Ten TiE awards were presented to 11 entrepreneurs from different companies involved in primarily in the provision of information technology solutions for different applications, including web-based applications, outsourcing services and even optical communication chip design.

The other recipients were: Andre d’Cruz and Suman Menon (Makmal Consulting), Arshad Ashraf (eSmart Systems), Ashok Panchalingam (ProcureHere), P K Loh (Startag), Ong Lam Hoo (Smart Transact), Sivasankar Krishnapillai (First Ray), S N Siva (Virinchi Integrated Solutions), Srikrishna Vadrevu (Sigmax e-Services) and Vyasa Kandasamy (Sires Labs).

Daniel said : “The way the award works is great, as it makes one feel mentally satisfied for al the work and effort spent on the creative aspects involved in designing innovative solutions.” (By Lincoln Yap)

TiE Malaysia presents award to winners   [top]

The Sun Wednesday, 11 December 2002
Ten entrepreneurs were presented with the TiE Award for Entrepreneurial Excellence at a dinner reception yesterday by the Malaysian chapter of The IndUS Entrepreneurs (TiE Malaysia). They are Alfred Daniel of HSS Intersys, Andre d'Cruz and Suman Menon (Makmal Consulting), Arshad Ashraf (eSmart Systems), Ashok Panchalingam (Procurehere), P.K. Loh (Startag), Ong Lam Hoo (Smart Transact), Sivashankar Krishnapillai (First Ray), S.N. Siva (Virinchi Integrated Solutions), Srikrishna Vadrevu (Sigmax e-services) and Vyasa Kandasamy (Sires Labs). A selection committee headed by TiE Malaysia president Tan Sri G. Gnanalingam picked the winners.