TiE-Boston, which celebrated its 20th anniversary at a black-tie gala attended by its founding charter members, past presidents and over 300 guests, on December 18th, bestowed its highest honor, the Lifetime Achievement Award, to entrepreneur and philanthropist Venkat Srinivasan, who has founded eight companies and is credited with creating 1,800 jobs and over $2 billion in value for shareholders.
“I am honored and humbled that TiE-Boston selected me for this award,” said Srinivasan. “I salute TiE and the many charter members for fostering entrepreneurship so passionately. Entrepreneurship is a key solution to society’s many challenges.”
“Venkat embodies the true spirit of TiE by building good companies, empowering employees and entrepreneurs, and giving back to solve big problems and help society at large,” said TiE-Boston president Praveen Tailam in a statement.
“He has been associated with TiE for a long time and has always inspired budding entrepreneurs by investing his time and capital, and is well-respected by fellow charter members for his philanthropic work,” Tailam added
The other awards were bestowed in the following categories: Distinguished Service to Philanthropy: Sekhar Naik; Health Innovator of the Year: Derek Haas; Rising Entrepreneur of the Year: Allis Tweed-Kent; Charter Member of the Year: Rishi Bhalerao; and Volunteer of the Year: Arjun Venkatachalam.
The gala also held a “Fireside Chat” between Harvard Business School Dean Nitin Nohria and Lifetime Achievement Award recipient Venkat Srinivasan. The TiE-Boston Board awards the Lifetime Achievement Award when an individual has made a lasting impact in the business community, and a significant contribution to the success of TiE-Boston.
Since 1997, TiE-Boston has been supporting entrepreneurs by offering education, mentorship, networking, and funding opportunities. What makes TiE unique is that the organization connects entrepreneurs with each other and other stakeholders in the ecosystem, including seasoned serial entrepreneurs, angel investors, venture capitalists, service providers, and early customers. TiE-Boston is a chapter of TiE-Global, the largest global not-for-profit organization fostering entrepreneurship. TiE-Boston members leverage the global network of members from 61 chapters in 18 countries. TiE has 12,000 members throughout the world, and has contributed over $250B in wealth creation. For more information, and to become a member of TiE-Boston, visit boston.tie.org.