Wednesday, April 29, 2009

iPort Program Continues to Encourage Business Interaction Between Pittsburgh Region & India

The iPort program, which encourages business and investment connections between the Pittsburgh region and India, continues to grow with a trade mission to India scheduled for October 2009.

As part of the joint iPort program founded and managed by The Indus Entrepreneurs (TiE)-Pittsburgh and the Pittsburgh Regional Alliance, the mission will focus on two sectors: infrastructure (including power generation, energy, water, environmental) and Education (Tertiary Level).

The mission will provide an opportunity for business leaders from Western Pennsylvania to explore market opportunities, joint ventures and partnerships, understand India’s increasingly important role in the global economy and the related challenges and opportunities, and understand the business culture and systems.

TiE-Pittsburgh is a not-for-profit organization, chartered by entrepreneurs, corporate executives and senior professionals. TiE’s goal is to promote entrepreneurship and regional business development through events, networking and mentoring.

Specifically, the program seeks to attract investments from Indian companies planning to set up or increase their presence in the United States, and assisting Pittsburgh companies with their expansion strategies to take advantage of the booming economy in India.

Founded in 2000, TiE-Pittsburgh has over 100 members with 20 charter members. TiE-Pittsburgh members have created over 10,000 jobs and have brought in over $600 million in venture capital. TiE-Pittsburgh is a regional chapter of TiE, one of the largest global organization promoting entrepreneurship, with over 45 chapters in 9 countries.

For more information, go to iPort, TiE-Pittsburgh or the PRA.

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