President Obama Recognizes GEW, Issues Challenge to Help Entrepreneurs
by Mark Marich | Nov. 17, 2015
At the height of Global Entrepreneurship Week, U.S. President Barack Obama issued a broad challenge to help entrepreneurs start and scale new businesses that drive innovation and economic growth.
“This week, innovators around the world are marking Global Entrepreneurship Week,” President Obama said in a video announcement released by the White House. “I’m calling on the private sector, foundations, investors and universities to help us increase opportunities for all entrepreneurs, no matter who they are, where they’re from, or what they look like.”
The announcement signaled the return of the Global Entrepreneurship Summit to the United States in 2016 when it will be held in Silicon Valley.
Earlier this summer at the GES in Nairobi, Kenya, the President helped announce the Spark initiative co-chaired by Jonathan Ortmans, president of the Global Entrepreneurship Network.
“Interest in startups and entrepreneurship continues to grow in all parts of the world,” said Ortmans. “Global Entrepreneurship Week provides a shot of adrenaline at one concentrated moment to help provide nascent entrepreneurs with access to research, programs and network they need to maximize their potential.”
As 160 countries celebrate Global Entrepreneurship Week – with nearly 10 million people participating in 30,000 events and competitions – the local, national and global efforts unleash another estimated $100 million to help entrepreneurs launch new startups while creating innovations that can change the world.