Work starts on first GEN Entrepreneurship hub in MENA

Tatweer Misr today signed an MoU with Global Entrepreneurship Network (GEN) to develop an entrepreneurship and innovation hub under the management of GEN at Bloomfields in Mostakbal City, Tatweer Misr’s latest development in Cairo. During a groundbreaking ceremony held on-site today, the first stone in GEN@Bloomfields was set by Ahmed Shalaby, Tatweer Misr CEO and Managing Director, and Jonathan Ortmans, GEN President, representing the first building in Bloomfields’ University Campus.

GEN is a platform of programs and initiatives that help align a varied collection of players, programs, and information to better support entrepreneurship.

Located on the 90-acre University campus, the entrepreneurship and innovation hub, expected to be operational by 2021, will host several technology labs, “state-of-the-art” work stations, co-working space, think tanks, a gym, lounges, boardrooms, training rooms, and an atrium which will be used for networking and events. It will be home to many partners, with offerings such as, but not limited to, Executive Education Programs, Training Programs, and Lecture Series.

“Empowering innovation is the key to empowering entrepreneurship, and through our partnership with GEN Global on this Campus, we aim to create a space that generates innovation opportunities for developing a better future for our youth in the region,” says Ahmed Shalaby, CEO and Managing Director of Tatweer Misr.

GEN is focused on bringing best-in-class programs, communities and support from its network, operating in 170 nations, to Egypt’s next generation of entrepreneurs.

“GEN has been actively celebrating Global Entrepreneurship Week (GEW) events in Egypt for 11 years, since its inception. Egyptians are building some of the most engaging, proactive and dedicated entrepreneurship communities around the world, that are working towards innovating for real impact for the nation’s benefit,” said GEN President Jonathan Ortmans, during the groundbreaking. “We could not be prouder to stand with our national affiliate, GEN Egypt, alongside Tatweer Misr and other partners in opening GEN@Bloomfields. We look forward to empowering entrepreneurs throughout Egypt and connecting them to the global ecosystem that will help them thrive.”

Accordingly, the campus will offer a 360-degree turn-key solution to start and scale – from the initial concept all the way to sustainable commercialization. Participants will also have direct on-hand access to a global and diverse team of experienced entrepreneurs, mentors, scientists, managers, CEOs and funders all under one roof to nurture and support them during every step of their journey. This includes product development, services, business models, funding opportunities and access to markets, as well as exploring and identifying new industries and opportunities in MENA. 

The groundbreaking event appropriately coincides with the opening of Global Entrepreneurship Week– an effort to help anyone, anywhere start and scale a new business. For one week each November, more than 9 million participants take part in 35,000 events, activities and competitions in more than 170 countries around the world.

The world prepares to celebrate

Global Entrepreneurship Week is one of the largest celebrations of entrepreneurship around the world. As the countdown continues to #GEW2018, hosts are sharing their plans for the week, announcing speakers and partners, as well as finalizing events and activities. This week’s global update includes news from four different countries around the world.

Poland
Poland’s Global Entrepreneurship Week celebration will focus on the topics of promoting conscious development and positive business initiatives. The slogan for GEW Poland in 2018 is “We talk about tradition, we think about the future,” highlighting the work of silent heroes – the entrepreneurs. This November will mark the 11th year for GEW Poland, and GEW 2018 is led by STP Foundation.

GEW Poland aims to remember that it is important to combine patriotism with being entrepreneurial – companies and entrepreneurs are developing the economy, and that they are important ambassadors of Poland outside the country. The future will be the main topic of GEW discussions – with reflection on how Polish enterprises will change in the next decades and in what conidition the Polish economy will be in 100 years from now. Together with participants, the STP hopes to think about how to make Poland better in 2118.

St. Lucia
The St. Lucia Global Entrepreneurship Week is lead the St. Lucia Chamber of Commerce, Industry and Agriculture. For GEW 2018, St. Lucia will focus on GEW YOUTH, mobilizing more than 45 partners and individuals to organize the events and activities. Some of the many activities include Get in the Ring, RBC Royal Bank Entrepreneurs Forum, GEW Gospel Fest, SLUDTERA Start Up Huddle, DECA Idea Challenge, SALCC Exhibition and Chamber of Commerce Investment Roundtable.

South Africa
IBM South Africa and Tshimologong Digital Innovation Precinct announced the launch of a startup accelerator that will be held from October 8 to November 16, 2018. The startup accelerator is designed to allow the development of growth-stage technology and digital startups. It will be implemented through an intensive workshop over the period of six weeks. The bootcamp will culminate with a pitch competition during Global Entrepreneurship Week in November.

Tanzania
The Launchpad Tanzania, which is a personal and professional development hub in the country, is planning a week of events, workshops and competitions for Global Entrepreneurship Week. There will be a symposium to kick off the week, followed by a five-day incubator program. The symposium will feature a keynote address and subsequent panel discussions, providing an opportunity for aspiring and practicing entrepreneurs to discuss issues, explore the country’s entrepreneurial ecosystem and share successes and challenges many entrepreneurs face. The Launchpad will also host a mentorship and advising program called “Mentorship Café,” and the week will feature a pitch competition.

GEN announces GEW 2018 themes

Its less than 100 days until the 11th Global Entrepreneurship Week kicks off. The Global Entrepreneurship Network is announcing four themes for this year’s GEW 2018 celebration, recognizing women, youth and inclusion in entrepreneurship, as well as connecting ecosystems around the world.

During Global Entrepreneurship Week, which will be held November 12-18, hosts and organizers across 170 countries will mobilize their partners and communities to join the celebration. Each year, nearly 10 million people participate in 39,000 events over the course of the week.

GEW WOMEN
As communities and countries increasingly encourage entrepreneurs who create jobs, women can be a catalyst for large-scale economic growth – not just in countries where the basic rights of women are a struggle, but in developed economies as well. Studies have shown that women have lower levels of involvement in high-growth entrepreneurship than men, and research suggests that accelerating the rates of female entrepreneurship could have the same positive effect that the entry of women into the labor force had during the 20th century.

GEW Women celebrates female entrepreneurs, ecosystem builders, investors and other startup champions, while offering opportunities to expand their networks, identify resources and share knowledge with other women around the world.

GEW YOUTH
As stronger entrepreneurship ecosystems emerge, young graduates unable to secure a job have more opportunities to leverage their economic freedom and create a job. As they choose to start and scale new businesses, they not only change their lives but also contribute to their communities and countries through job creation and economic renewal.

GEW Youth celebrates and shapes the next generation of innovators through activities and competitions to help them sharpen their skills and connect them to potential co-founders, mentors and even investors. This theme also celebrates and raises awareness of the importance of entrepreneurship education and the teaching of innovative skills.

GEW INCLUSION
Entrepreneurship is a positive force that drives innovation, creates wealth and improves lives in communities, cities and countries alike. But not everyone has the same opportunity. Race, age, gender, or where one lives should not be an obstacle to entrepreneurship. Anyone, anywhere should be able to realize their dream and start a business quickly, inexpensively, and without barriers.

GEW Inclusion will highlight the work startup champions are doing around the world to minimize barriers and obstacles for entrepreneurs by maximizing inclusion. Activities, workshops and speaker series held around the world will explore the obstacles entrepreneurs from underserved populations may face, and discovering solutions through access to success stories, training, capital and mentorship.

GEW ECOSYSTEM CONNECT
The Global Entrepreneurship Network and other entrepreneurship support organizations around the world are looking beyond Silicon Valley to facilitate collaboration and partnership between startup ecosystems in promising mid-tier cities. Sharing knowledge and connecting local ecosystem leaders has become increasingly important in building healthy and thriving entrepreneurial communities.

GEW Ecosystem Connect aims to inspire communities to collaborate, and share their networks and markets to help their rising startups thrive. This theme celebrates the shared challenges and triumphs of entrepreneurship communities and hubs around the world.

You can follow the conversations online by using the official Global Entrepreneurship Week hashtag — #GEW2018 – as well as by using the individual theme tags: #GEWwomen, #GEWyouth, #GEWinclusion and #EcosystemConnect.

GEW Germany changing mindset around social entrepreneurship

Germany has been celebrating Global Entrepreneurship Week since its inception in 2008. Known as “Gründerwoche Deutschland,” GEW Germany has grown from about 12,000 participants and 120 events in 2008 to nearly 100,000 participants and 2,000 events in 2018.

Now GEN Germany is using the expansive network GEW Germany has developed over the last 10 years to change the mindset and perceptions around social entrepreneurship. The hope is that this year’s GEW will help address some of the challenges social entrepreneurs, in particular, face in Germany.

According to Birgitta Ratazzi-Förster, Gründerwoche Deutschland coordinator at the RKW Competence Centre, GEW Germany has helped engage ecosystem actors, entrepreneurs, investors and most importantly the government.

“All these activities help to encourage, to empower and support the next generation of entrepreneurs in Germany,” said Ratazzi-Förster.

The shift in mindset driven by GEW also coincides with another mindset shift – one that started five years prior to the start of GEW in 2003, focused on the perception of social entrepreneurship.

Before the early 2000’s, most social organizations in Germany were considered part of the welfare sector, explained Sébastien Martin from the Impact Collective – an acceleration program for early-stage social startups. Martin said this was due to the financing structure for these types of companies, which involved funds from the German government.

But in the early years of the decade, this perception started to change.

“Since 2003, the new term ‘social entrepreneurship’ arose,” said Martin. “Compared to a welfare-driven approach, social entrepreneurs have a wider approach and can comprise a large variety of challenges.”

Martin said rather than welfare challenges, most social entrepreneurs now focus on a broader range of issues such as climate change, regional development, special support for minorities and education.

Social entrepreneurship has gained so much momentum in the last 15 years, that in 2017 the Social Entrepreneurship Netzwerk Deutschland, or SEND, was founded to centralize support for social entrepreneurs. And this year, the German government added social entrepreneurship to its political agenda.

But Martin said social entrepreneurs still face many challenges in Germany – particularly around mindset. According to Martin, most people view social entrepreneurship as a hobby or side project.

This is where GEW Germany is leveraging its platform to bring more attention to social entrepreneurship and drive a change in German perception. GEW Germany is adopting social entrepreneurship as one of its themes in 2018 In order to raise awareness and drive a conversation about mindset.

“Gründerwoche Deutschland, with its wide-spread partner network [and] well known national campaign for promotion of entrepreneurship is a suitable platform to inform people about the state of the art of social entrepreneurship in Germany, and to motivate and inspire for the opportunities of starting up a social enterprise,” said Ratazzi-Förster.

By engaging its network of dedicated ecosystem players already active through GEW, Ratazzi-Förster is hoping to bolster the support for social entrepreneurs in Germany.

In particular, GEW Germany wants to promote a new mindset that views social entrepreneurs as legitimate and necessary. The ultimate goal is to help social entrepreneurs acquire long-term support, access to early-stage funding and connect with a qualified workforce.

GEW Germany and its partners are celebrating entrepreneurship this November 12 – 18. Along with social entrepreneurship activities, GEW Germany is hosting several different events throughout the week, and across the country, that touch on many different aspects of entrepreneurship.

You can learn more about GEW Germany and what it has planned for its celebration this year by clicking here.

Pitch with Purpose

Collaboration can create exciting things. GEN and Alice, along with partners Johnson & Johnson and Dell, are looking to provide an opportunity for entrepreneurs committed to social good to pitch for $15,000 USD, a Dell computer, scholarship entry to Circular Summit 2019, mentorship and more. The pitch competition is Pitch with Purpose, and applications are due by July 31, 2018, with winners announced in mid-September. Apply for Pitch with Purpose here.

Startup Genome, GEN Launch the Global Startup Ecosystem Report 2018

What technology sub-sectors hold the most promise for economic growth? How much local networking should startup founders do in their ecosystem? Do women and men differ in their entrepreneurial mindset at different points in the startup journey? Which ecosystems are leading the way in Fintech? Answers to these questions, and countless other insights, are in the new Global Startup Ecosystem Report (GSER) 2018, released last week at the Global Entrepreneurship Congress in Istanbul.

Produced in partnership between Startup Genome and the Global Entrepreneurship Network (GEN), the GSER informs public and private decision makers all over the world about what actions they can take to build vibrant startup ecosystems. This year’s report analyzes key technology sub-sectors—such Artificial Intelligence and Edtech—across 45 different ecosystems, and looks at how local connections affect company performance and what makes up an entrepreneurial mindset.

“We’ve entered the Third Wave of innovation—the  global startup community is disrupting industries by combining technology with deep industry expertise. This creates a game-changing opportunity for smaller, less mature startup ecosystems that can now build out competitive advantage at a global level by focusing on their DNA and legacy strengths,” says JF Gauthier, CEO and cofounder of Startup Genome.

Every year, the Global Entrepreneurship Congress (GEC) brings together thousands of entrepreneurs, investors, researchers, policymakers and others from more than 170 countries to identify new ways of helping founders start and scale new ventures. The new GSER, with analysis based on the voices of over 10,000 founders and data from Crunchbase and Orb Intelligence, will enhance the lessons and insights shared at GEC.

“Research in the field is vital to shaping the interventions necessary to empower entrepreneurs around the world,” said Jonathan Ortmans, president of the Global Entrepreneurship Network. “As thousands of startup champions gather this week to explore innovative approaches, efforts such as the Global Startup Ecosystem Report help us become better informed about what is needed.”

Find out how 45 ecosystems across 24 countries around the world stack up in the face of this new wave. Download the full report here: www.startupgenome.com/report2018.

Startups prepare to pitch in front of a global audience at Startup Turkey

Top startups will meet world class mentors, investors, companies and media in Startup Turkey on April 15 and 16 as part of the Global Entrepreneurship Congress in Istanbul. The most promising startups will be selected to join a demo day and will get an opportunity to pitch on stage. Specially invited investors, VCs, accelerators and tech company executives will be there to meet the outstanding startups. More at http://www.startupturkey.com

Advancing entrepreneurship to be big talking point at upcoming GEC

The 10th anniversary of the Global Entrepreneurship Congress will soon bring thousands of entrepreneurs, investors, policymakers, researchers and entrepreneurship support organizations to a global startup hub – featuring in-depth sessions and workshops on the latest developments in entrepreneurship from around the world.
GEC 2018, held April 16-19 in Istanbul, Turkey, will take a look at the intersection of mindset, culture and barriers that exist within all entrepreneurship ecosystems. From exponential thinking – exploring how entrepreneurship moves from incremental to truly disruptive innovation – to innovation culture and inclusive entrepreneurship, the Global Entrepreneurship Congress features sessions on leading-edge topics within the space.

The four-day conference begins with the GEN Global Assembly – which connects the GEN global communities while exploring innovative approaches to empowering entrepreneurs and ecosystem builders, as well as look at new projects the network has in the pipeline. The Global Assembly will be held on Monday, April 16 from 9 a.m. to 5 p.m. with additional sessions on Thursday.

The two largest days feature plenary sessions spotlighting a global collection of entrepreneurs, investors and ecosystem supporters amplified by an impressive collection of 128 parallel sessions — 64 each on Tuesday and Wednesday — covering a wide range of topics, including tracks dedicated to: Empowering Emerging Ecosystems; Global Challenges; Entrepreneurial Learning; Scaling Up; Mobilizing Capital; Women’s Entrepreneurship; Industry Disruption; Corporate Engagement; Fintech Innovations; Digital Economy; Lifestyle Innovations; and Social Entrepreneurship.

Countdown to Istanbul

Every year, the Global Entrepreneurship Congress gathers together thousands of entrepreneurs, investors, researchers, policymakers and other startup champions from more than 170 countries to identify new ways of helping founders start and scale new ventures around the world. At the weeklong GEC, delegates make connections, gain insights, learn about new research, and leave ready to renew their programs, policy ideas or firm founder skills. GEC 2018 takes place in Istanbul, Turkey — a thriving startup hub that is both an economic and cultural cornerstone of Europe and Asia. You can now register for the 2018 Global Entrepreneurship Congress in Istanbul, Turkey. Registration is EUR 99.

United nations of entrepreneurship

Delegates from 173 different countries gathered at the Global Entrepreneurship Congress in Johannesburg – a budding startup hub that is both an economic and cultural cornerstone of South Africa – and attended in-depth masterclasses and relevant discussions to foster entrepreneurs to start and scale new businesses.

In its ninth year, more than 8,400 people from around the world registered for the Congress, co-hosted by the Global Entrepreneurship Network, the Kauffman Foundation, SEA Africa and the City of Johannesburg. Other partners included the Industrial Development Corporation, South Africa’s Department of Small Business Development and the Gauteng Province, as well as companies including ABSA, Transnet, Hollard, SAB, Telkom, Microsoft and Johnson and Johnson.

During the four-day long Congress, delegates had the opportunity to make connections, learn about new research, and take home the latest information to renew their programs, facilitate policy discussions and mobilize their entrepreneurial community.

Beyond the sessions and discussions, the GEC 2017 left an additional impact on the country and continent, with the launch of the regional GEN affiliate, GEN Africa, and the reaffirmation of GEN South Africa – led by Managing Director Kizito Okechukwu. The Congress brought delegates from around the world to Africa, and GEN Africa will work to innovate and unite the continent’s entrepreneurial ecosystem – bringing Africa to the world.

As well as the emergence of GEN Africa, world government leaders in entrepreneurship, small businesses and innovation, gathered at the GEC for the third Global SME Ministerial. Led by the U.S. Small Business Administration and the South African Ministry of Small Business Development, ministers and policy leaders participated in a dialogue to share best practices, find collaborative solutions and to create a path for promoting entrepreneurship in any economy and community around the world.

The 2017 Congress also included a new, customized track for global investment organizations, as well as for entrepreneurs and startup founders. The customized sessions focused on issues such cross-border investing and the entrepreneur program covered relevant challenges and success stories from global entrepreneurs.

Other highlights from the Congress included pitch corners for entrepreneurs and organizations to pitch their idea on a global stage, entrepreneurship workshops, and in-depth, high-impact sessions that covered many topics, including:

  • Digital disruption in a changing economy;
  • Analyzing entrepreneurial mindset in South Africa, and creating a replicable study;
  • Enhancing early stage investment;
  • Catalyzing startup communities;
  • Intersection of public and corporate partnerships to enable entrepreneurial growth in communities; and more.

The global discussion will continue in Istanbul, Turkey, for the 2018 Global Entrepreneurship Congress. It will be held April 16 – 19, 2018.