Entrepreneur News from TIE Midwest

TiE Midwest

Three Weeks Into June

June 20, 2011 

Here are a few highlights to start the week…


Nominate your company today for the WSJ Fast Tech 50.  Let’s show the world our most innovative Chicago-based startups.


REGISTER TODAYTiE MidwestBuilt in Chicago and Technori present the “$20M+ Bootstrapped Entrepreneurs” panel event on July 23, 2011, as part of TechWeek. Moderator Shawn Riegsecker (Centro) will be joined by panelists Arvind Singh (Utopia Inc.) Charles Wu (CTI Connect), Ed Scanlan (Total Attorneys) and Andrew Sieja (kCura).


The next Charter Member dinner is on Monday, June 27th.  Dan Malven (Co-Founder and Chairman of the Board, Analyte Health), Sridhar Murthy (President and CEO, Analyte Health) and Gian Fulgoni(Co-Founder and CharExecutive Chairman, ComScore) will moderate a discussion on When the Founder Is Not the CEO: When, Why and How To Do It”.  Dan, Sridhar and Gian will share their first-hand experiences of working through this transition. Charter Members register to attend today. 


Craig Newmark, Penelope Trunk and Jory Des Jardins Added To Tech WeekTechWeek Keynote Speakers Announced: Charter Member, Matt Moog, is one of the keynote speakers. View the TechWeek calendar and purchase your TechWeek pass TODAY using the TiE discount code: ” twTiE11_vip”.


Charter Member Narendra Kale to speak at the 2011 BMM Business Conference on July 21, 2011: Entrepreneurship, Innovation and Green Technology.


First Ever Chicago Ideas Week October 10-16, 2011. Chicago Ideas Week connects people and ideas, to inspire creativity and innovation like never before, and to discuss the most powerful force on earth: an idea.


The Chicago Innovation Awards nominations are open-please NOMINATE your company today.  


Please visit Built in Chicago today and join a group, write a blog post or connect with other digital tech members in the community. BIC is growing quickly with over 3,400 members, 20,000 visits a month producing 90,000 page views. Join Today


Member Highlights



New World Ventures and HPA Backed EduLender Aims To Raise Another 1Million.  J.B.Pritzker is Founder New World Ventures and Sam Guren is Managing Director, Hyde Park Angels. 


MK-Capital Backed Netuitive Selected by Dell To Fill Its Hole in Virtualization Stack.  Mark Koulogeorge is Managing General Partner, MK Capital.  


New Product Launches, Profiles and Updates…


Excelerate’s Power2Switch Helps Investors Save on Energy Bills.  Troy Henikoff is Co-Founder and CEO Excelerate


GrubHub and Bump Technologies Credit the New Venture Challenge With Getting Them To Think Big and More.  Ellen Rudnick is the Executive Director, Linda Darragh is the Director, Polsky Center for Entrepreneurship at Chicago Booth.


CEC, Excelerate and ITA Present Summer Startups . Kevin Willer is CEO, Chicagoland Entrepreneurial Center.  Troy Henikoff is Co-Founder and CEO, Excelerate


Willer @ the CEC-impact.  AND The CEC as A FuseKevin Willer is CEO, Chicagoland Entrepreneurial Center 


Redbox Video Game Expansion Begins June 17.  Mark Achler is Senior VP New Business, Redbox.


Thought Leaders…


Hyde Park Angels Blog.  Sam Guren is Managing Director, Hyde Park Angels 


Local Investor, Entrepreneur and Startup News


Photogram Launches and Debuts as the #2 Featured New App in the App Store


GrubHub Expands To Corporate Loyalty Users


Restaurant.com CEO, Cary Chessick, Gives Away 20,000 to 40 People in Social Giving Celebration


Little Independent: Helping Local Independent Shops Reach Wider Audiences


Inventing, Attempting, Experimenting: MyZeus


CityStreak Brings Urban Adventures to Chicago and Nashville


PrepMe Not Your Usual Teenage Dream


50 Tweets, Tidbits and Takeaways From Crain’s Fast Fifty 2011


Worth A Read


Decide Launches An Electronics Shopping Service That Tells You When To Buy, And Wait


Mark Suster: What To Do When A Tech Giant Decides To Eat Your Lunch


7 Steps To A Culture of Innovation


The New Rules of Marketing for Startups


Education Startups Unveiled At Kauffman Labs


Google Has A Way To Track What People Are Saying About You Online


6 Lessons On Starting Up From Norm Brodsky


Surprising Marketing Results on Facebook and Twitter


Venture Capital Update AND Venture Capital Reporter 


6 Essential Skills Every Entrepreneur Should Have


Google Makes Largest Investment Yet in Clean Energy: $280 Million For Residential Solar



Please visit Built in Chicago for an all-inclusive list of local events!  


June 28-29: World BPO/ITO Forum, Jersey City, NJ 

World BPO/ITO Forum will take place June 28 – 29, 2011 at the Hyatt Regency in Jersey City, NJ, as an invitation-only event, tailored to CIOs/CEOs/CFOs and senior business executives.  The World BPO/ITO Forum, www.worldbpoforum.com, is the premier conference and thought-leadership forum focused on the global sourcing needs of mid-to-large sized US organizations. 


Themed “FLATTENING THE WORLD: The Economic, Political and Technical Impact of Global Sourcing”, this year’s program is broken into two conference tracks designed to bring both strategic and operational issues to the forefront to facilitate impactful dialog in an intimate, peer-to-peer environment.  


As a strategic supporter of World BPO/ITO Forum, TIE Midwest members can take advantage of a substantial 50% discount on qualified enterprise-buyer registration fees (non-service providers). For up-to-date program information, and to apply for registration, please go to www.worldbpoforum.com. Please refer to discount registration source code: TIEMW50 


July 22-25TechWeek Conference and Expo , Chicago, IL  


July 22-27 S.P.A.R.K., Chicago, IL

What: SPARK Chicago is a six-day incubation contest that provides select applicants with free access to mentors, active investors, and services needed to build a viable company. Participants will form teams around an idea, decide on a business model, and develop a working prototype.


Who: Anyone who wants to form or be part of a startup.


Why: A chance to….

  • Pitch live to investors and get immediate feedback on your idea
  • Receive mentorship from proven entrepreneurs
  • Win over $100,000 in donated services to help launch a startup
  • Get over $10,000 or more in a cash grant
  • Start Chicago’s next big business and create jobs!

How:  Apply by July 1st online at www.sparkchi.com


**Applications are being reviewed as they are received.


When: July 22-27 at the Merchandise Mart. Details at www.sparkchi.com


August 4-7: TiE Global Charter Member Retreat 

The location for the upcoming international CM Retreat is set for Bali, Indonesia, from August 4-7, 2011 at a stellar, five-star hotel. This is a chance for you to come and renew old connections and make new ones within the TiE family.Reserve a spot for you and your family at the exclusive CM Retreat. 


We are weeks away from finalizing our five-star resort, but early bird rates may not last, and room availability is restricted. Book now with Early Bird discounted rates of $1495 (CM only) and $2295 (CM & Spouse). Register TODAY.


TiE Midwest Sponsors: Thank You For Your Continued Support


Drinker, Biddle & Reath, LLP


Horwood, Marcus & Berk Chartered


Hyde Park Angels


McGuire Woods, LLP


Microsoft Windows Azure


SNR Denton

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