TiE-DC, a Washington-based group of executives, is an innovation engine that has been fueling start-ups and entrepreneurs in the national capital region for the last 10 years.
The organization is the local chapter of the global outfit The Innovative Ecosystem, but was formed as the Indian CEO High Tech Council in 1997. It had a very tech-centric focus until about 2001. Along with the tech plunge, so went its membership.
After reassessing its direction, it merged with TiE, a group promoting entrepreneurs with 27 chapters in 13 countries. TiE-DC's members are executives divided into two camps -- those heading firms with less than $10 million in annual revenue, and those with less. About one-third of its members are the big bucks "charter" members. The annual fee is $1,500 for the over $10 million crowd and $200 for the "emerging entrepreneur."
The group has changed significantly since its inception. It now boasts 500 members from a variety of industries, not just high-tech, representing members in the tourism, telecommunications, venture capital and banking capital industries.
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