The Global Entrepreneurship Summit is an annual event organized by the federal government of the United States, in partnership with foreign government hosts. The summit originated from an event organized by the Obama Administration called the Presidential Summit on Entrepreneurship, [1] which was held in April 2010 in Washington, D.C. It brought together entrepreneurs from the United States, Europe, Africa, the Middle East, South Asia, and Southeast Asia to discuss the importance of social and economic entrepreneurship, establish entrepreneurship as an important area of policy focus, and strengthen mutually beneficial relationships between entrepreneurs.
Subsequent Global Entrepreneurship Summits have occurred in Istanbul; Dubai; Kuala Lumpur; Marrakesh; Nairobi; Palo Alto, California; Hyderabad; and The Hague.
In his "A New Beginning" speech on June 4, 2009, at Cairo University in Cairo, Egypt, President of the United States Barack Obama announced that he would host a summit on entrepreneurship to "identify how we can deepen ties between business leaders, foundations and social entrepreneurs in the United States and Muslim communities around the world."
The first Global Entrepreneurship Summit, titled the Presidential Summit on Entrepreneurship, was held from April 26 to 27, 2010, in Washington, D.C. Unlike most government-organized events, the summit purposely focused on private sector and civil society attendees, instead of government representatives. As a result, invitees included entrepreneurs, investors, academics, leaders of entrepreneurship networks, non-profits, foundations, and businesses who were actively promoting business or social entrepreneurship in Muslim communities around the world. The summit also hosted unofficial side events surrounding the formal conference, as well as smaller conferences hosted in countries around the world, leading up to the meeting in Washington, D.C. [2]
Regarding the event's role as a foreign policy tool, U.S. Secretary of State Hillary Clinton, who spoke at the event's conclusion, said "the summit reflects the new approach to foreign policy that President Obama described last year at Cairo University, one that we have been putting into practice through partnerships based on shared values, mutual respect and mutual responsibility." [3]
The second summit, with a theme of "Entrepreneurship, Values and Development: A Global Agenda", was held in Istanbul, Turkey, between December 3 and 6, 2011. [4] The summit aimed to "develop entrepreneurship culture for a sustainable development and integration of cultures as well as to support global cooperation among entrepreneurs worldwide". [5] The event included the GISTech-I Competition, a multinational venture that invited applicants in 43 Muslim majority countries to submit proposals and videos detailing their ideas for technology innovation. [6]
The third summit was held in Dubai, United Arab Emirates, from December 11 to 12, 2012. The event was presented by Entrepreneurial Ventures of Arabia. According to the U.S. Department of State, the event "provided an opportunity to link U.S. economic leadership with an encouraging trend towards entrepreneurship in Muslim-majority countries". [7]
The fourth summit took place from October 11 to 12, 2013, in Kuala Lumpur, Malaysia, the country where the notable Entrepreneurship Conference takes place [8] . The event brought together more than 3,000 people from over 100 countries. [9] The summit kicked off with Global Startup Youth, a three-day pre-summit event in Kuala Lumpur run by Startup Malaysia, which invited 540 people ages 18 to 25 from more than 90 countries to come together and generate ideas for high-growth, globally sustainable ventures. [10]
The fifth summit was held from November 19 to 21, 2014, in Marrakesh, Morocco. [11] [12] The summit brought together nearly 4,000 entrepreneurs, business, government, and thought leaders. Led by Vice President Joe Biden, the U.S. delegation included several cabinet members, heads of agencies, and senior U.S. government officials. The summit focused on technology and included a day dedicated to specific challenges and opportunities relevant to female entrepreneurs. [13]
The sixth summit was held from July 25 to 26, 2015, in Nairobi, Kenya, and addressed topics including global innovation through science and technology, financing entrepreneurship, preparing for growth, expanding horizons in relation to the rising power, and the potential of female entrepreneurs to create innovative business and social impact. [14] [15] The summit allowed aspiring entrepreneurs to share their entrepreneurial journeys, including a series called "Ignite Talks" given by three Tony Elumelu Entrepreneurs. Other speakers included Brian Chesky, co-founder of Airbnb. The delegation also visited the "iHub" startup incubator. [16]
The seventh summit was held at Stanford University Palo Alto, California, from June 22 to 24, 2016, which was the second time for the U.S. hosted the summit. [17] [18] The event included 700 entrepreneurs and a number of high-level government officials, including President Barack Obama, John Kerry. [19] Keynote speakers included Travis Kalanick, CEO of Uber, who gave an opening speech about Entrepreneurial Inspiration, and Mary Grove, Director at Google for Entrepreneurs, who gave the closing speech about Trends in Entrepreneurship. Major themes included women's entrepreneurial leadership; entrepreneurship in Africa, China, and the Middle East; and secrets of Silicon Valley. [18]
The eighth summit was held in Hyderabad, India, from November 28 to 30, 2017. Ivanka Trump led the U.S. contingent to the summit, which highlighted the theme of "Women First, Prosperity for All" and focused on supporting female entrepreneurs and fostering global economic growth. [20] Women represented 52.5% of entrepreneurs, investors, and ecosystem supporters at the summit, which was attended by 1,500 participants, including approximately 300 investors. [20] The Women Entrepreneurship Platform was set up at the conclusion of the event after an announcement made by Amitabh Kant, the CEO of NITI Aayog. [21] The summit focused on four innovative, high-growth industries: healthcare and life sciences, digital economy and financial technology, energy and infrastructure and media and entertainment. [22]
The ninth summit was held in The Hague, Netherlands, from June 3 to 5, 2019. [23] The event was co-hosted by U.S. Secretary of State Mike Pompeo and Prime Minister Mark Rutte. It focused on five key investment areas: agriculture and food, connectivity, energy, health, and water. [24]
Christopher M. Schroeder is an American entrepreneur, advisor, author, and investor in interactive technologies and social communications.
The Meltwater Entrepreneurial School of Technology (MEST) is an Africa-wide technology entrepreneur training program, seed fund, and incubator headquartered in Accra, Ghana. The three-phased institution was founded in 2008 to provide training, investment, and mentoring for aspiring technology entrepreneurs with the goal of creating globally successful companies that create wealth and jobs locally in Africa.
In his "A New Beginning" speech on June 4, 2009, at Cairo University in Cairo, Egypt, President of the United States Barack Obama announced, "I will host a Summit on Entrepreneurship this year to identify how we can deepen ties between business leaders, foundations and social entrepreneurs in the United States and Muslim communities around the world". The Presidential Summit on Entrepreneurship, held in Washington, D.C., on Monday April 26, and Tuesday, April 27, 2010, at the Ronald Reagan Building, followed through on President Obama's commitment by highlighting the importance of social and economic entrepreneurship, and strengthening mutually-beneficial relationships with entrepreneurs in Muslim-majority countries and Muslim communities around the world. At the second summit in Istanbul, Turkey, Vice President Joe Biden announced that the Presidential Summit would become the marquee event that kicks off Global Entrepreneurship Week each year, with the 2013 host being the United Arab Emirates.
In his "A New Beginning" speech on June 4, 2009, at Cairo University in Cairo, Egypt, President of the United States Barack Obama stated that "I've come here to Cairo to seek a new beginning between the United States and Muslims around the world, one based on mutual interest and mutual respect, and one based upon the truth that America and Islam are not exclusive and need not be in competition. Instead, they overlap, and share common principles – principles of justice and progress; tolerance and the dignity of all human beings." During the speech, he also committed to "host a Summit on Entrepreneurship this year to identify how we can deepen ties between business leaders, foundations and social entrepreneurs in the United States and Muslim communities around the world".
The Tony Elumelu Foundation (TEF) is an African non-profit organization founded in 2010 by Tony O. Elumelu and headquartered in Lagos, Nigeria. It is a pioneer member of the Global Impact Investment Rating System (GIIRS). So far, the Foundation has empowered over 18,000 African entrepreneurs across 54 African countries.
Hamdi Ulukaya is a Turkish billionaire businessman, activist, and philanthropist of Kurdish ethnicity based in the United States. Ulukaya is the owner, founder, chairman, and chief executive officer of Chobani, the #1-selling strained yogurt brand in the US. He established production facilities first in upstate New York, and since then has expanded. According to Forbes, his net worth as of October 2022 is US$2.1 billion. On 26 April 2016, Ulukaya announced to his employees that he would be giving them 10% of the shares in Chobani.
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The Entrepreneurship Cell, IIT Bombay, also known as E-Cell, IIT Bombay, is the primary entrepreneurship promoting body of the Indian Institute of Technology Bombay, managed and run completely by the students of the institute. It organizes initiatives like the annual business plan competition Eureka! and the flagship event, The Entrepreneurship Summit (E-Summit) in January each year, which receives a footfall of over 30,000 people who include students, investors, corporates, mentors, celebrities and the most important; Entrepreneurs.
The United States–Africa Leaders Summit 2014 was an international summit held in Washington D.C. from August 4–6, 2014. Leaders from fifty African states attended the three-day summit, which was hosted by U.S. President Barack Obama. The summit primarily focused on trade, investment and security of the continent. Leaders from 50 of the 54 existing African sovereign nations were invited to attend. After the summit, the White House produced a number of Fact Sheets that summarized major outcomes.
The Malaysian Global Innovation and Creativity Centre or MaGIC is an innovation and creativity centre located at Cyberjaya, Selangor, Malaysia.
The Global Innovation through Science and Technology initiative (GIST) is a U.S. government program on innovation and entrepreneurship. The program assists businesspeople in establishing startups. GIST participants in 135 emerging economies can develop skills, build networks, find mentors, and access financing through a combination of in-country training, a pitch competition, interactive online programming, and direct connections to U.S. experts. GIST helps create conditions for successful local entrepreneurship ecosystems and enables global youth to develop local solutions to local problems. GIST is also one of the key programs under President Obama's SPARK Initiative, an initiative under which programs are selected to represent the best work being done by the U.S. Government to advance entrepreneurship around the world.
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Women's Entrepreneurship Day (WED) is a day on which the work of women entrepreneurs is observed and discussed, held every day of each year. The inaugural event was held in New York City at the United Nations, with additional events being held simultaneously in several other countries. 144 nations overall recognized the first WED in 2014, which included the presentation of the Women's Entrepreneurship Day Pioneer Awards. The organization behind WED also has an ambassadorship and fellowship program.
APEC Philippines 2015 was the year-long hosting of the Asia-Pacific Economic Cooperation (APEC) meetings which concluded with the APEC Economic Leaders' Meeting held on 18–19 November 2015 in Pasay, Metro Manila. It was the second time the Philippines hosted the summit, the first being in 1996.
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The United State of Women Summit was a summit held in Washington, D.C. focused on gender equality in the United States. The summit was hosted by the White House, the U.S. Department of State, the U.S. Department of Labor, and the Aspen Institute.
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Chukwuemeka Fred Agbata Jnr. also known as CFA is a Nigerian journalist and a former television presenter at Channels TV. He is into digital marketing and known as a technology entrepreneur with focus on business coaching and public speaking. He was said to have hosted the first virtual telehealth conference of Nigeria’s telemedicine company, CareClick with the theme ‘The Future Of Healthcare Today’ on 24 September 2020. He is said to be involved in the success of various ICT-related companies and organizations where he wielded positions and contributed to their development like the Founder Institute. He is known as the founder of Pacer Venture and has links with Climate Action Africa. He is the MD/CEO of Anambra State ICT Agency.
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