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It was an active week for encouraging more startups in the nation’s capital. Take Thursday, December 8th. While I participated in a morning panel discussion on Capitol Hill with U.S. Senator Mary Landrieu (D-LA) and others, U.S. Senators Jerry Moran (R-Kan.) and Mark Warner (D-Va.) introduced the bipartisan Startup Act, the White House announced that the Obama administration had committed $2 billion in public and private resources to support job-creating startups, and Startup America Partnership board members—at the White House for their first official board meeting—outlined commitments from more than 50 private-sector partners that amount to over $1 billion over the next three years.
The recent announcement of Richard Branson, the world-famous entrepreneur best known for his Virgin brand empire and his passion for adventure sports, as the headline speaker at the upcoming Global Entrepreneurship Congress has generated a significant amount of attention and interest.
Welcome to 2012 – a year which, without any official proclamation, will likely be an excellent year for entrepreneurs. In so many respects, advocates in 2011 for startups and entrepreneurs could not have done better in setting up 2012. Better data, more relevant policy and legislation, streamlined programming and more widespread public support should give all reason to be optimistic that more people will take a risk, unleash an idea and make a job. And we should expect even more new developments that will shape even better entrepreneurship ecosystems across the world.
The United Kingdom remains a fierce competitor in the global race to develop the best startup ecosystem in the world. As noted in previous posts, Prime Minister David Cameron is keen for an economic recovery led by new firm formation introducing both policies and initiatives like Startup Britain to accelerate efforts nationwide.
As a lead up to the March 2012 Global Entrepreneurship Congress, I will spotlight here a handful of the 120 nations gathering in Liverpool to develop the best entrepreneurial ecosystems. Today we look at Belarus.
Last week, I shared how we should be encouraged by recent developments to ramp up efforts in support of America’s new and young job creators—including legislation put forth by President Obama at the end of January.
Sweden is not waiting for the Global Entrepreneurship Congress next month to devise its strategy for building a strong startup ecosystem. While “number of patents” is only one metric to measure innovation, Sweden thinks it is one of the most important. The 2011 edition of the Global Innovation Index (GII)—developed by the INSEAD eLab which takes into account dimensions such as creativity and efficiency—ranks Sweden second of 125 economies. For the Global Competitiveness Report 2011-2012, Sweden came in third position. And, in Thomson Reuters’ “Global Innovators” list, Sweden is the headquarters location of 6 percent of the list’s companies.
With stadiums rising across the country for the 2014 World Cup soccer tournament and in Rio de Janeiro for the 2016 Olympics, it is clear Brazil itself is rising on the world stage. The country’s economic growth has led it to overtake the UK as the world's sixth-largest economy while the announcement last week that it won the bid to host the next Global Entrepreneurship Congress (GEC) will spotlight the role that entrepreneurs have played in the country’s newfound economic prowess and international standing.
The following is an excerpt from the latest Impact Report for Global Entrepreneurship Week that outlines the evolution of the annual gathering of startup champions and entrepreneurs from around the world. You can download a copy of the Impact Report from the homepage of the Global Entrepreneurship Week website.
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