TiE Boston recognizes entrepreneurial excellence at its 2019 Annual Gala, awardee list announced

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Anant Agarwal of edX honored with Lifetime Achievement Award.

This year’s winners inspire us with their vision and leadership. Their achievements embody TiE Boston’s core values of fostering an entrepreneurial spirit while giving back to the community." - Nilanjana Bhowmik, President of TiE Boston.

TiE Boston, a not-for-profit dedicated to fostering entrepreneurship, announced the recipients of its 2019 Entrepreneurship Awards, to be presented at this year’s annual gala. The glittering awards night will be held on Saturday, December 7, 2019, at the Peabody Essex Museum in Salem, MA.

The black-tie event honors and celebrates the achievements of entrepreneurs. The nominating committee selects individuals who through their remarkable contribution have moved the needle forward in creating or redefining the industry by means of investment, mentoring, education and business creativity. Awards are presented across several categories such as venture capital, innovation, healthcare, B2B solutions, philanthropy, and value creation.

In recognition of his extraordinary journey and his invaluable contribution in the fields of education, science, and technology this year’s Lifetime Achievement Award will be conferred upon Professor Anant Agrawal, PhD., Founder and CEO of edX, the trusted platform for learning founded by Harvard and MIT. Past awardees have included Venkat Srinivasan, Amar Sawhney, Ashraf Dahod, Ed Anderson, Mukesh Chatter, Jit Saxena, Desh Deshpande and Anil Singhal.

“It has been my pleasure to be a member of TiE Boston over the years and to see its growth as a vibrant community that actively fosters the next generation of entrepreneurs in New England. I am incredibly honored to receive the Lifetime Achievement Award this year,” said Agarwal.

Over the course of his career, Professor Agarwal founded companies such as Virtual Machine Works Inc., InCert Software, Determina, and Tilera Corporation and served as the director of CSAIL, MIT’s Computer Science and Artificial Intelligence Laboratory. In addition to being a successful entrepreneur, he is also a professor of electrical engineering and computer science at MIT, a Board Member at the Dana-Farber Cancer Institute, and author of the textbook "Foundations of Analog and Digital Electronic Circuits. After graduating with a Bachelor’s degree in Electrical and Electronic Engineering from the prestigious Indian Institute of Technology in Madras, he went on to earn a Ph.D. in Electrical Engineering and Computer Science from Stanford University.

Professor Agarwal is the recipient of several national and international awards. In 2018, he earned one of the most distinguished awards in the field of education when he was named the Yidan Prize Laureate for Education Development. In 2017, he was bestowed with the Padma Shri, one of the highest civilian awards in India. In 2016, he received the Harold W. McGraw, Jr. Prize for Higher Education, which recognized his work in advancing the MOOC movement. In 2012, he was named in the Forbes' list of top 15 education innovators. In 2011, his work on Organic Computing was selected by Scientific American as one of 10 World-Changing Ideas. He also holds a Guinness World Record for the largest microphone array.

2019 TiE-Boston Entrepreneurship Awardees also include:

Healthcare Leadership Award
Reshma Kewalramani, MD, CEO Vertex Pharmaceutical

Value Creation
Praveen Tiperneni, MD, CEO Morphic Therapeutic

AI Company to Watch
Prof. Hari Balakrishnan, PhD, Co-founder and CTO Cambridge Mobile Telematics

Making Waves in Venture Capital
Michael Skok, Co-founder and General Partner Underscore VC

Rethinking Innovation
Reshma Shetty, PhD, Co-founder Gingko Bioworks

Rethinking Patient Care
Jamie Heywood, Co-founder and CEO PatientsLikeMe

Rising Star Award
Adeel Yang, MD, Co-founder and CEO Medumo (a Phillips Company)

Extraordinary Contribution to Community
Subu Kota, Founder and CEO The Boston Group

TiE CM Achievement Award
Sanjeev Jain, Founder and CEO Idea First Technologies
Purnanand Sarma, PhD, President and CEO Immunome

This year’s TiE Boston Gala will feature a new award, the SEEMA award, in collaboration with SEEMA Magazine to recognize an outstanding Female South Asian Entrepreneur. The award will spotlight hidden figures in today’s entrepreneurship ecosystem - the best, boldest, brightest South Asian female founders in all sectors - from STEM to fashion, food, film, philanthropy and more.

“This year’s winners inspire us with their vision and leadership” said Nilanjana Bhowmik, President of TiE Boston. “Their achievements embody TiE Boston’s core values of fostering an entrepreneurial spirit while giving back to the community. Through meaningful partnerships and collaboration, these visionaries pave the way for not only developing a sustainable business ecosystem but also creating a nurturing environment for other entrepreneurs in the community.”

About TiE Boston:

TiE Boston connects tomorrow’s founders with today’s entrepreneurs, executives and venture capitalists. Founded in 1997 by entrepreneurs who immigrated from the Indus region, TiE Boston champions inclusion in innovation by blending the fundamentals of entrepreneurship with traditional Indian values that place importance on community, mentorship, and long-term relationships.

TiE Boston is one of the region’s largest and oldest organizations supporting the Massachusetts entrepreneurial ecosystem, focused on supporting entrepreneurs throughout their lifecycle — from ideation to creation, through growth, wealth creation and ultimately, support of future founders.

The TiE Boston community encompasses students, founders, experienced entrepreneurs, angel investors, and venture capitalists. Its programs foster trusted, long-term relationships between its participants — span education, mentoring, networking, and funding.

For more information about TiE Boston, visit boston.tie.org

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Simone LaPray
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