Tyromer Inc. is excited to announce that it has been selected a Winner for the prestigious 2014 TiE50 Awards Program at TiEcon, the TiE annual entrepreneurial conference in Santa Clara, California, on May 16, 2014. TiEcon is ranked alongside TED and World Economic Forum among top conferences for innovators and this year attracted more than 4000 technology professionals, entrepreneurs and investors from around the world.
The TiE50 Awards Program is open to all technology companies worldwide and the Winners represent the 50 hottest tech start-ups as chosen by TiE Silicon Valley. “This year the TiE50 Awards Program screened more than 2800 companies from 27 countries. The finalist pool is represented by early through late stage companies. A star attraction of the conference is TiE50 Finalist presentations. Audiences are treated to great ideas and amazing technologies” said Ram K. Reddy, the program chair. The TiE50 track record since its inception in May 2009 shows that 94% of the winners and finalists have received billions in investment.
To determine the winners, a panel of experts screened the companies to create a short list of the “2014 TiE50 Top Startups.” This list was further screened by a committee of deep domain experts to select the best of the breed companies as the elite TiE50 Finalists. Finally, the TiE50 Finalists were judged by a panel of highly accomplished team of serial entrepreneurs, venture capitalists, angel investors, CEOs and well-rounded technology experts to determine the winners. Companies were evaluated on three parameters: Business Model, IP Value and Leadership team.
“In the six short years since inception, the TiE 50 program has become a global brand that attracts thousands of companies worldwide for this recognition,” said Venktesh Shukla, president of TiE, Silicon Valley. “It is unique in terms of rigor of selection and the broad scope of companies that it reviews for this award and is one of TiE Silicon Valley’s most successful programs. It is also worth mentioning that this is the only awards recognition in technology to be held by a large global non-profit organization. ”
“We were so honoured about ten days ago when the TiE50 judges selected us a Finalist for the Award. Being named a 2014 Winner of TiE50 under the CleanTech category is another level of recognition that all of us at Tyromer did not expect. We believe this recognition will help us secure financing to complete the construction of our first production line in our lead customer’s facility. We are confident that we
will not disappoint the judges as we begin to implement our socially responsible and ecologically sustainable solution to the global management of scrap tires,” said Sam Visaisouk, CEO of Tyromer.
The inventor of the Tyromer rubber devulcanization technology, Professor Costas Tzoganakis of the University of Waterloo, was interviewed after the announcement.
http://www.youtube.com/watch?v=1uD1N6mCBbc
About TiEcon:
TiEcon is the world’s largest conference for entrepreneurs and intrapreneurs with loyal participation from top technology companies, leading venture capital firms, and global service providers. Every year TiEcon attracts thousands of attendees from across the world – including CEOs of established companies to first-time entrepreneurs creating new companies, to leading investment professionals and corporate executives. TiEcon was listed by Worth Magazine in their September 2011 issue to be among the 10 Best Conferences for Ideas and Entrepreneurship along with TED and the World Economic Forum. For more information on TiEcon, visit http://tiecon.org/.
About TiE:
TiE is a global not-for-profit organization fostering entrepreneurship through mentoring, education, and networking. We consider entrepreneurship to be the single most powerful instrument to advance global prosperity. Our greatest strength is our network of over 60 chapters in 17 countries with a worldwide membership exceeding 14,000 that includes successful entrepreneurs, venture capitalists, corporate executives, and aspiring entrepreneurs. For more information on TiE, visit www.tie.org.
Source: http://www.tyromer.com/_files/file.php?fileid=newsngYcRGUYbG&filename=file_Tyromer_TiE50_Winner.pdf
The latest Technology Spotlight hit the streets this week in Waterloo Region, and the Accelerator Centre along with its Clients and Graduates fill the issue’s pages with stories of startup life and business success.