Delegates from 171 different countries gathered at the Global Entrepreneurship Congressin Istanbul for the 10th anniversary of the event, and attended in-depth sessions, workshops and relevant discussions on the latest developments in entrepreneurship from around the world.
In its 10th year, more than 2,400 people from around the world attended the Congress, co-hosted by the Global Entrepreneurship Network, the Kauffman Foundation, Endeavor Turkey, Habitat, Turkish Exporters Assembly (TIM), and the Union of Chambers and Commodity Exchanges of Turkey (TOBB).
GEC 2018 took 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 featured sessions on leading-edge topics within the space.
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. Plenary speakers including Muhtar Kent, chairman of the board of directors at Coca-Cola; Dr. Pichet Duronkaveroj, the minister of Digital Economy and Society of Thailand; Minister Lindiwe Zulu, with the Department of Small Business Development in South Africa; Elizabeth Gore, president and chairwoman of Alice; and Amitabh Kant, CEO of the National Institution for Transforming India (NITI Aayog), to name a few.
The Congress began with the Startup NationsMinisterial, covering topics including governing with dynamic, growth-oriented businesses in mind, the role of government in entrepreneurship ecosystems and how countries can better harness the potential of digital technologies in their ecosystems. Ministers and government representatives from 18 economies, as well as the European Commission’s Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROW), joined in a commitmentto encourage new firm formation in their communities by reducing barriers and providing incentives to help entrepreneurs start and scale.
The Startup Nations Ministerial Declaration outlines a shared responsibility to continue to improve market conditions for efficient entry and expansion of potentially high-growth firms, to strengthen the state capacity to design, implement and evaluate policies to foster the emergence of firms, and to seek ways to promote a systematic knowledge exchange among governments, private sector leaders and academic communities.
Those signing the declaration included representatives from: Argentina, Bahrain, Benin, Brazil, Cambodia, Colombia, Dominican Republic, Kenya, Mexico, Nigeria, Paraguay, Romania, Saudi Arabia, South Africa, Taiwan, The Gambia, Turkey, Uzbekistan and the European Commission’s DG GROW.
The two main days of the GEC – Tuesday and Wednesday – featured more than 148 plenary and parallel sessions. The plenary sessions spotlighted a global collection of entrepreneurs, investors and ecosystem supporters amplified by an impressive collection of 128 parallel sessions, 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
- Social Entrepreneurship
GEN and Startup Genome released the newest editionof the Global Startup Ecosystem Report, which provides a comprehensive look at how regions foster and sustain vibrant startup ecosystems. The report authors were also available to discuss the GSER results with ecosystem builders and city leaders who attended the GEC, about how best to use the results to improve and strengthen their entrepreneurship ecosystem.
Through the Global Entrepreneurship Congress, GEN celebrated its final 10th anniversary milestone. Jonathan Ortmans, president of GEN, opened the GEN Annual Meeting with his welcome “GEN is 10,” describing the evolution of the organization and what’s next.
For the first time, the Global Innovation through Science and Technology’s Tech-I startup pitch competition finals were held at the GEC. The GIST Tech-I top 10 finalists, as well as 10 program alumni mentors, participated in a full day of intensive training sessions to improve their ideas and pitch skills. The training culminated in the final pitch competition on the last day of the GEC, resulting in a Lebanese entrepreneur, Wassim El Hariri, taking first placewith his startup that uses robots to fully automate food distribution in hospitals.
The Global Entrepreneurship Network also gained new partners at the GEC, including the Misk Global Forum and Alice. GEN and the Misk Global Forum joined forcesto support aspiring innovators to start and grow new businesses around the world. By identifying key components of healthy startup ecosystems, the partnership will offer programs that test and validate entrepreneurs’ ideas, while enabling them to reach their potential through access to a global network of collaborators, mentors and investors.
GEN and Alice, along with partners Johnson & Johnson and Dell, are looking to provide an opportunity for entrepreneurs committed to social goodto 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.
The Global Entrepreneurship Network also awarded top honorsto South Africa and Colombia, while recognizing individuals and organizations from more than 42 countries for their outstanding effort and commitment to starting and scaling new ventures and supporting entrepreneurship in their countries. GEN named the winners during the GEC at the GEN Compass Awards Ceremony and Dinner in Istanbul, Turkey. South Africa received the Compass Award for GEN Country of the Year, and Colombia took home the Compass Award for GEW Campaign of the Year.
To see pictures from the event, visit our Flickr album here. The global discussion will continue in Manama, Bahrain, for the 2019 Global Entrepreneurship Congress. It will be held April 15 – 18, 2019.