Global Entrepreneurship Week Is Up and Running

Nov 15, 2011

Global Entrepreneurship Week is here! The event, which "inspires people everywhere through local, national and global activities designed to help them explore their potential as self-starters and innovators," is a welcome reminder of what needs to be done to get the American economy back on its feet. Small businesses, startups and entrepreneurs, the driving forces behind economic growth and sustainability, need greater support from our nations leaders and policy makers. By empowering entrepreneurs with the tools they needed to launch their innovations and removing obstacles to success, we can foster economic growth in our country and put Americans back to work.

Innovation

The Kauffman Foundation released a study in March that showed more Americans became self-employed entrepreneurs in the year 2010 than they did in the previous 15 years. If these entrepreneurs had the right degree of financial backing, mentorship and professional networks, their efforts would develop into sustainable businesses that employ Americans and grow out our economy. We'll be sure to keep you up-to-date with news and insights from Global Entrepreneurship Week!

To get in the mood for this week of celebration and education, here is an article from the Washington Post offering four key ideas for nurturing the global desire for entrepreneurship.

1. Don’t rely on government to solve your problems: Our broken political system is dominated by wealthy interests who fight for the status quo and media outlets that nurture polarization. The resulting stagnation is making social problems worse, while also making it harder for entrepreneurs to get their ventures off the ground. If you’re thinking about taking the plunge, don’t depend on the government. Look to places like your local community foundation for start-up support.

2. Think creatively about partnerships: Businesses and social enterprises together can create huge impact. The more links you can build between the sectors, the better results we’ll achieve.

3. Foster opportunities for youth: No group has more potential than young people for affecting change – and, indeed, their futures depend on it. Thousands of U.S. and international universities now offer entrepreneurship courses, but financiers and foundations must be more accessible to young people who have the hunger, but not the resources, to start their own enterprises.

Read the fourth key idea from the Washington Post here.

 

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