NineSigma Founder Finalist for 2011 TiE International Entrepreneur Award

TiE Ohio, the Ohio chapter of The International Entrepreneur, is pleased to announce the finalists for the 2011 TiE International Entrepreneur Awards. The awards were created to recognize the achievements of international entrepreneurs helping to reshape and rebuild Ohio's business landscape and to highlight how international entrepreneurs contribute to the local economy. The 2011 TiE International Entrepreneur Awards provide awards in 4 categories:

* Immigrant Entrepreneur Award <$5M. This award recognizes an entrepreneur who was born outside the U.S., started his or her company in Ohio, and the business currently generates annual revenues under $5M). Finalists are Laura Bennett (Embrace Pet Insurance), Dr. Charu Ramanathan (CardioInsight), and Bahman Taheri (Alphamicron).

* Immigrant Entrepreneur Award >$5M. This award recognizes an entrepreneur who was born outside the U.S., started his or her company in Ohio, and the business currently generates annual revenues above $5M). Finalists are Saji Daniel (Tradex), Stella Moga-Kennedy (Le Chaperon Rouge), and Alex Sonis (AVADirect).

* Global Entrepreneur Award. This award recognizes an entrepreneur, either foreign-born or local-born, who started his or her company in Ohio and has a global presence today). Finalists are Yuval Brisker (TOA Technologies), Dr. Mehran Mehregany (Nine Sigma), and Rini Das (Pakra).

* International Student Innovator Award. A new award this year, this award recognizes an international student currently enrolled at a higher education institution in Ohio (or graduated within the past year) who has shown leadership and entrepreneurial spirit. Finalists are Lingxiao Xue from CWRU (Chinese Student Housing Program), Kshitij C. Jha from the University of Akron (BienaTech), Mdrakibul Islam from the College of Wooster (Global Prospects) , and Abdullah Alkhaddah from Kent State University (H.O.M.E. Markets).

Award criteria considered in selecting the finalists include business success (revenue generated, capital raised, jobs created, progress with international vendors, entering new markets), impact and leadership in the Ohio community, and the innovation and creativity demonstrated in the and structuring the business. The Finalists will be profiled in the September issue of Inside Business Magazine.

Winners of the awards will be announced at the award ceremony on September 20, 2011 at Windows on the River starting at 5pm. Successful international entrepreneur Dr. Hiroyuki Fujita, President & CEO of Quality Electrodynamics, will deliver the keynote speech at the ceremony.

Jeanette Grasselli Brown and Dr. Anthony Yen will be honored by receiving the Community Catalyst Award at the ceremony to recognize their efforts in creating global connections for the region.

The International Entrepreneurs (TiE) is an organization of entrepreneurs who connect, network, and mentor globally to create the next generation of successful entrepreneurs. Founded in Silicon Valley by immigrant tech entrepreneurs, TiE has 57 chapters around the globe. TiE is now the world's largest organization for fostering entrepreneurship; its members include some of the world's most well-known entrepreneurs such as Gururaj "Desh" Deshpande and Vinod Khosla. TiE Ohio, a statewide chapter, is the 50th chapter of the global TiE network. It fulfills a critical niche in Ohio's business development landscape by focusing specifically on immigrant and minority entrepreneurs within the region, and by encouraging other such entrepreneurs to consider Ohio as a place to launch their new businesses. TiE Ohio provides focused support to entrepreneurs through mentoring, business education programming, and a business venture competition (TiEQuest).

For more information, visit www.tieohio.org

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