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GEN IN 2017

Jonathan OrtmansPresident, Global Entrepreneurship Network

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ONE GLOBAL ENTREPRENEURIAL ECOSYSTEM FOR THE NEW NORMAL

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• Intensive demand for new economic value creation and new jobs• Digital transparency and the rise of “information rich” grassroots

communities• An era defined by simple, on-demand consumer convenience apps

makes way for disrupting highly regulated industries• Early adaptors - Airbnb and Uber - just tip of iceberg for disruption

of long-standing traditional industries• Government and entrepreneurs have to take each other seriously in

understanding the policy implications of fast and dramatic innovation

THE NEW NORMAL: UNCERTAINTY AND SPEED

#GEC2017 | GEC.CO HOW ENTREPRENEURS LEVERAGE UNCERTAINTY

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• Approach is Iterative and Scientific – Founders are building their “airplanes in the air”, continuously testing visions, validating, measuring, learning…and doing it again

• Better Teams –co-founders with unique industry knowledge are teaming with radical thinkers to turn disruptive ideas into innovation

• Better Faster and Cheaper Networks – now seen as the primary currency for finding talent, mentorship, smart money, & markets

• Afford to Fail – Bootstrapping, crowdfunding and angel investors making pivoting and recycling ventures easier.

MAKING A SCIENCE OF START AND SCALE

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• Peer to Peer On Demand Learning – Experiential and peer to peer learning overshadowing traditional curriculum models.

• Stigma of Failure Disappearing - Starting up is increasingly seen as conducting an experiment – where teams either scale… or recycle their knowledge fast and form a fresh team around a new modified idea

• Level Playing Field - Smaller economies with fewer established institutions now compete in an age where ideas are unleashed by teams, communities and networks of individuals not large institutions

NEW WAYS OF LEARNING & NEW RULES

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• Entrepreneurial ecosystems are breathing a renewed human spirit committed long-term to creating value for society

• Ecosystems grow organically - there is no recipe or formula

• Communities celebrate the success of anyone in the village -- all boats rise on an incoming tide.

• We are all “feeders” (government, university, non-profits, big companies, VCs, angel investors) to entrepreneurs birthing the new.

ECOSYSTEMS: OFFERING A RENEWED HUMAN SPIRIT IN CREATING VALUE FOR SOCIETY

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THE GLASS HALF FULL GENERATIONCreative. Global. Open-minded. Connected. Generous. Curious. Fun. Social. Disciplined.

Want to do well but hand in hand with good

Focused on the possible

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STRATEGIC PRIORITIES AHEAD

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The Global Entrepreneurship Network is a year-round platform of programs and initiatives aimed at creating one global entrepreneurial ecosystem. GEN helps people in 160 countries unleash their ideas and turn them into promising new ventures – creating jobs, accelerating innovation and

strengthening economic stability around the world.Ranging from efforts to inspire and educate nascent

entrepreneurs to advancing research and connecting global leaders in person, GEN operates in all types of economies

and cultures.GEN is a compass to identify effective initiatives that

positively impact whole societies and interventions that target the most critical areas for entrepreneurial

ecosystems around the world.

ABOUT GEN GLOBAL

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The World Needs More Entrepreneurs: Expanding the number of ordinary citizens working for or starting firms around the world by fully legitimizing

entrepreneurs in all cultures and economies.

Integrating the Disruptors With the Status Quo: Increasing understanding between the new and traditional elements of emerging startup communities and

ecosystems including the constructive engagement of the public sector in supporting entrepreneur designed public programs.

Local and Global Founders: Supporting the emergence of a new class of global entrepreneurs with access to research, programs and

networks inside the 160 nation strong GEW network.

Peer Review Analysis of What Works: Connecting an emerging community of national advisors with a next generation network of world-class

entrepreneurship research institutions in an effort to generate more robust research and data to support evidence-based policymaking and more effective entrepreneurial support programming.

THE GEN MISSION

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GEN PROGRAMSUNDERSTAND | RESEARCH & POLICY

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PRIORITY 1:

MORE PRECISE KNOWLEDGEDATA DRIVEN RESEARCH AND ANALYSIS

& CROWDSOURING FOR WHAT WE DON’T KNOW

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PERFORMANCE AND HYPE:BOOM IN PROGRAMS TO REDUCED EFFECT

Entrepreneurship Programs and , Courses

Today

Overall Rate of Business Creation

Number

1980

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• Myth 1: Small business plays the most important role in growing the economy.• Fact: The age of the firm is a more important variable than the size of the firm.

• Myth 2: Most entrepreneurs are 23-year-olds starting tech companies in their local coffee shop or their bedroom.

• Fact: The 'peak age' for starting a company is in the mid to late 30s, early 40s.

• Myth 3: Silicon Valley can be copied by other communities and countries looking to create a hotbed of high-tech startups.

• Fact: Silicon Valley is a very unique place that's never going to be replicated.

• Myth 4: Business incubators play an important role in launching early-stage companies.• Fact: Most research shows that incubators are not effective at all for actually

producing companies.

MORE MYTH-BUSTING

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• The Global Entrepreneurship Index is an annual report that measures the health of entrepreneurship ecosystems in 137 countries.

• It collects available data on the entrepreneurial attitudes, abilities and aspirations of the local population and then weights these against the prevailing social and economic infrastructure

• Includes aspects such as broadband connectivity and transport links to external markets.

MORE REAL TIME PERFORMANCE ANALYSIS | GLOBAL ENTREPRENEURSHIP INDEX

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• A snapshot overview of your entrepreneurship ecosystem

• Serves as an analytical tool for diagnosing key challenges that, if addressed comprehensively, would have substantial impact on new firm formation.

• Informs program planning and policy advocacy ecosystem analysis and development

• Unearths weak data or methodology for on-going enhancement

GLOBAL ENTREPRENEURSHIP INDEX

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• The Global Entrepreneurship Research Network (GERN) funded by the Kauffman Foundation is a working coalition of institutions that fund research as a tool in realizing the full potential of entrepreneurship to create inclusive prosperity on a global scale.

• Its objectives are to crowdsource real knowledge gaps, develop a next generation of entrepreneurship research, share lessons and knowledge and establish open, standardized data resources and methodologies.

• Each member organization is a leader in its nation or region in promoting entrepreneurship but sees the value GERN being bigger than the sum of its parts.

BEST IN CLASS GLOBAL ENTREPRENEURSHIP RESEARCH CONSORTIUM

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• GERN members undertake joint projects that for example: map entrepreneurship ecosystems; evaluate the efficacy of entrepreneurship programs (including accelerators), and validate research methodologies (such as those that involve the use of government datasets).

• Through GERN, GEN affiliates in each country are able to connect national entrepreneurship research organizations to their global counterparts, allowing them to standardize their approaches, pool data, and leverage a wider Kauffman Foundation-led consortium of researchers.

• Better programmatic research means, ultimately, stronger support programs for entrepreneurs.

CROWDSOURCING RESEARCH GAPS

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PRIORITY 2:

SMARTER PUBLIC POLICYBUILDING ON THE NEW FACE OF GOVERNMENT

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• Government can create barriers, but also remove barriers and mitigate risk and expanding the scale of opportunity

• Government sets the rules and incentives – how easy it is to start or scale a business, access global talent and capital, and for commercial products and services to cross national borders

• By investing in R&D, government is an innovator mitigating risk in creating ideas that startups can commercialize

• As a regulator, government must tackle for example endless new innovations coming from the internet of things

INCREASED ENTREPRENEUR AND GOVERNMENT INTEREST IN POLICIES THAT ENABLE START AND SCALING OF NEW FIRMS

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• Entrepreneurs: In an age when digital disruption is opening new opportunities in highly regulated industries, entrepreneurs have to become familiar with public policy

• Government Engagement: There has been explosion of government interest in new firm formation policies over the past 24 months driven by global competitiveness and a new urgency to leverage the capacity of entrepreneurs as creators of new economic value, jobs

• An Education Strategy: Government increasingly sees engagement by individuals in startups and startup communities as teaching -- team building, initiative, problem solving and risk mitigation

• Role for Government at all levels: Local, state and national government roles being more clearly defined

INCREASED GOVERNMENT INTEREST IN ENTREPRENEURSHIP ENABLING POLICYMAKING

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EXPERIMENTING WITH DIFFERENT POLICY INSTRUMENTS• Welcoming immigrant founders and models for a more

free flow of high skilled co-founders• Lowering barriers to entry and growth and protecting new

entrants from unfair practices by incumbent market leaders

• Enabling new models for early stage financing (e.g. crowdfunding rules)

• Tax and other incentives (e.g. payroll tax holidays) for new and young firms

• Policies to accelerate formation of new ideas in their universities

• Other basic rule of law issues around corruption, IP protection etc.

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• Helps identify policy levers that can unleash high impact entrepreneurship and innovation.

• Made up of “startup savvy” policymakers and program leaders focused on exploring different regulatory changes and other policy ideas to help accelerate new and young firm formation in their economies.

• Enable informal knowledge sharing among economies focused on leveraging entrepreneurs and their startups.

POLICY + STARTUP NATIONS

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• Our GEN Country affiliates will be a conduit through which policymakers in one country gain access to the collective knowledge and experience of their peers in other relevant economies.

• Startup Nations is a means to learn about new government-sponsored programs and/or regulatory policies aimed at increasing new firm formation, especially in the early, experimental stage.

• Through the annual Startup Nations Awards, GEN Country affiliates are able to ensure local policymakers gain global recognition for their efforts championing startup policies.

UNDERSTAND | POLICY + STARTUP NATIONS

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STARTUP NATIONS ATLAS OF POLICIES (SNAP)

• Drives policy knowledge sharing• SNAP collects evidence on the impact of policy

instruments being used to promote entrepreneurial growth around the world

• SNAP platform is being created to enable us all to learn from the experience of comparable policymakers around the world

• Contribute to SNAP by adding entries at startupnations.co/snap.

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GEN PROGRAMSCELEBRATE | INSPIRATION

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CELEBRATE | GLOBAL ENTREPRENEURSHIP WEEK

During one week each November, thousands of events and competitions around the world inspire millions to engage in entrepreneurial activity while connecting them to potential collaborators, mentors and even investors. Since it launched in 2008, Global Entrepreneurship Week has expanded to 165 countries – building and strengthening entrepreneurial ecosystems around the world.

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165 countries

35,000events

10 millionpeople

1 week

#GEW2016

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#GEW2016 HIGHLIGHTS• Released the Global Entrepreneurship Index that measures the health of the

entrepreneurship ecosystems in 137 countries and ranks them from top to bottom.• The official opening of GEW 2016 was held in Johannesburg, South Africa, to begin

the road to the Global Entrepreneurship Congress in March 2017 which will bring 5,000 entrepreneurs, investors, policymakers, researchers and startup champions to the continent.

• Ten promising new startups were named as finalists in the Startup Open – with the winner getting a free trip to Johannesburg, South Africa and a spot on stage at the Global Entrepreneurship Congress in March 2017.

• Richard Branson headlined INCmty, a featured GEW event in Monterrey, Mexico.• The official finale of GEW 2016 was held in Cork, Ireland, at the Startup Nations

Summit where startup savvy policymakers shared and explored innovative policy instruments to support their entrepreneurs.

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GEN PROGRAMSSUPPORT | PROGRAMS AND RESOURCES

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PRIORITY 1:

INVESTORS:EMERGENCE OF EARLY STAGE INVESTOR COMMUNITY

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The Global Business Angel Network interfaces with entrepreneurs, policymakers, early-stage finance actors and leading entrepreneurial support programs to strengthen the global entrepreneurial ecosystem. Whether helping recruit more investors, expanding geographic investment arenas beyond local markets or amplifying the angel “voice” to regulatory issue discussions, GBAN seeks to provide an inclusive, supportive community of early-stage investors around the world.

SUPPORT | GBAN

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GBAN provides a way to more actively engage a country’s angels in GEN and GEW – and also brings insight about ecosystem investor challenges to research and policy efforts enabling GEN country affiliates to support local investors by empowering them with information about cutting-edge international research and policy developments, connecting them to an international investor community, and offering them new opportunities to discover high potential entrepreneurs. For GEN country affiliates in places without mature angel networks, GBAN brings experienced networks and tools from across the globe to support their creation or development.

SUPPORT | GBAN

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PRIORITY 2:

COMMUNITY PROGRAMSSTRONGER COMMUNITIES TO SUPPORT THOSE STARTING

AND SCALING FIRMS

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Startup Huddle is a program designed to educate, engage, and connect entrepreneurs. Originally developed by the Kauffman Foundation, Startup Huddle is based on the notion that the best way for entrepreneurs to discover solutions to the challenges they face is through purposeful engagement with one another.

SUPPORT | STARTUP HUDDLE

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As an experiential learning opportunity, the Startup Huddle format is consistent in each location: on a given morning, one or two early-stage startup founders give a six-minute presentation of their companies to a diverse audience of peers, mentors, educators, and advisors. Each presentation is followed by a 20-minute question and answer session and feedback via an audience survey.

SUPPORT | STARTUP HUDDLE

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Global Enterprise Registration is an index of web portals around the world allowing online business registration or describing the business registration process. It is intended to promote the use and improvement of business registration services worldwide, by allowing easy access to existing online systems and by facilitating the exchange of experiences and best practices among governments. Global Enterprise Registration is jointly produced by UNCTAD and GEN with support from the U.S. State Department.

SUPPORT | GLOBAL ENTERPRISE REGISTRATION

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GER helps GEN country affiliates accelerate new firm formation in two ways. One is by walking a founder through the registration process. The other is by identifying bottlenecks within the bureaucracy, an invaluable tool for policy advocacy. For a GEN country directors, up-to-date and detailed information about the business registration process in their country can be a vital tool in a strategy to engage more of the informal economy in entrepreneurial economic activity.

SUPPORT | GLOBAL ENTERPRISE REGISTRATION

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Startup Experience is one of several new GEN educational programs offering intensive transformational workshops designed to inspire the next generation of young entrepreneurs. It introduces students to the entrepreneurial mindset and provide hands-on training in high impact entrepreneurship. Students build creative capacity, entrepreneurial confidence, and learn effective tools to build new ventures.

SUPPORT | STARTUP EXPERIENCE

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A proven model with a track record of success, Startup Experience offers a program designed to foster an entrepreneurial mindset in young people. It has been especially valuable in societies where initiative and creativity has been less predominant in the national culture. It can serve as an important means of training teachers locally with tools that enable more young people to see their potential to make a job rather than take a job – something important in so many parts of the world with high rates of youth unemployment.

SUPPORT | STARTUP EXPERIENCE

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Startup Compete is a global networking site and competition platform for aspiring entrepreneurs, mentors and advisors to connect with each other and bring potential business ideas to market.The customizable white-label platform has powered hundreds of competitions in more than 125 countries – providing organizers with a simple and efficient tool to manage their competitions and offer emerging startups a chance to hone their skills and make connections that will take them to the next level.

COMPETE | STARTUP COMPETE

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For GEN country affiliates, the Startup Compete internet platform simplifies and streamlines the process for organizing and conducting business competitions. It allows a GEN affiliate to customize questions and rounds, invite and sort judges, and manage everything from one place.

COMPETE | STARTUP COMPETE

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Startup Open is a global startup competition organized on GEN’s Startup Compete platform to identify, connect and recognize promising young startups around the world. The top virtual applicants from around the world join the global winners of GEN’s affiliated live competitions in being offered admission into GEN’s Starters Club. Following due diligence and interviews with a panel of investors, the top GEN Starters travel to the GEC to be recognized in front of the world – and to face off against 5 other finalists. Previous winners – which include startups from the UK, Israel, Croatia, Ghana and the United States – have been featured by CNBC, CNN, Fast Company and Forbes.

COMPETE | STARTUP OPEN

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Startup Open offers GEN country affiliates a means for connecting their nation’s most promising entrepreneurs and startups without having to hold live business plan competitions. This can bring global exposure, helping them build their support communities by connecting them to global resources such as peer mentors, investors, and support providers.

COMPETE | STARTUP OPEN

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The Creative Business Cup is a world championship for entrepreneurs in the creative industries – including design, gaming, music, film, content production, architecture and more. While these industries hold great potential, creative entrepreneurs are not as prepared with the business skills necessary to take their ideas to the next level. Winners from national competitions participate in the global final during Global Entrepreneurship Week in Copenhagen, Denmark winning among other prizes a place in GEN Starters and a trip to the GEC.

COMPETE | CREATIVE BUSINESS CUP

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The Creative Business Cup leadership are experts in the special support required by creative entrepreneurs. For GEN country affiliates, organizing a local CBC competition offers an opportunity to tap into this expertise and connect with this particular sub-set of entrepreneurs as well as their community of supporters. CBC provides additional support targeted to creative industries startups year round.

COMPETE | CREATIVE BUSINESS CUP

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Get in the Ring brings promising entrepreneurs from around the world in contact with investors and inspires the next generation of entrepreneurs to begin the entrepreneurial journey. Created by the Erasmus Centre for Entrepreneurship, global finalists face off in a boxing ring to secure an investment of up to €1,000,000. The battle takes place around the world culminating in regional and then a global final.

COMPETE | GET IN THE RING

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Get in the Ring attracts a wide-variety of aspiring entrepreneurs. Connecting them with a GEN country affiliate enhances their ability to succeed, and the GEN affiliate’s ability to learn about and develop programs that address their needs.

COMPETE | GET IN THE RING

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Each year 1776, a global incubator and venture fund, hosts a worldwide tournament called the Challenge Cup. In partnership with GEN and more than 50 incubator hosts around the world, 1776 seeks to discover the most promising, highly scalable startups that are poised to solve the major challenges of our time.

COMPETE | CHALLENGE CUP

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COMPETE | CHALLENGE CUPStartups advance through three rounds: Local, Regional and Global Finals. Each of the regional winners and a host of wild cards are invited to participate in the Challenge Cup Global Finals in June in Washington, D.C. There, they will compete for over U.S. $1 million in prizes, as well as spend time with investors, customers, media and other key connections who can help them succeed on a global scale.

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The Future Agro Challenge is a world championship for innovators changing our everyday life through farm, food and lifestyle. The competition explores farming and business practices in water management, production conservation, instant data access, crop diversity, post harvest waste; increases education and training; transforms primary agricultural production into biological solutions; invents alternative uses of natural products; and revolutionizes new ways to address the importance of living healthy lifestyles.

COMPETE | FUTURE AGRO CHALLENGE

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Similar to the Creative Business Cup, the Future Agro Challenge provides GEN country affiliates with a competition for the agricultural sector – a vital and often overlooked market segment within the startup world – offering a means to reach this important sub-set of entrepreneurs. As the world adapts to changes in the environment, those who aspire to find practical solutions to such challenges as those mentioned above require a specialized community of supporters.

COMPETE | FUTURE AGRO CHALLENGE

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GEN Starters Club is a global community made up of talented founders whose promising startups have been battle-tested through one or more of GEN’s global startup competitions. Through the Club, GEN Starters have access to connections with potential collaborators, mentors, and investors within the Global Entrepreneurship Network – as well as year-round opportunities for additional support, visibility, and peer-to-peer learning experiences.

COMPETE | GEN STARTERS CLUB

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GEN PROGRAMSCONNECT | GLOBAL FORUMS & PLATFORM

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With live events featuring the latest, best-in-class programming and research, GEC is a unique opportunity for the leaders of GEN in each country to attend as a delegation to meet fellow practitioners and stay apprised of new ideas, insights and developments. The GEC which is free for registered members of GEN, also serves as GEN’s annual meeting gathering all GEN Countries and GEN’s verticals, communities and programs for a week bigger than the sum of its parts.

CONNECT | GLOBAL ENTREPRENEURSHIP CONGRESS

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The Startup Nations Summit (SNS) gathers the members of Startup Nations and features some of the world’s startup savvy policy advisors and community leaders collaborating on smarter policies and government leadership to support new firm formation. The Startup Nations Summit has been held in Toronto, Kuala Lumpur, Seoul, and Monterrey, Mexico and Ireland. It will be held in Estonia in November 2017 and includes a gathering of Ministers staff to prepare for an annual Ministerial at the GEC Istanbul in March

CONNECT | STARTUP NATIONS SUMMIT

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For GEN country affiliates, the annual Summit is an opportunity to offer national policy advisors an international forum in which to listen to and learn from their peers from around the world who are grappling with similar domestic policy challenges in government. During the Summit, they are able to exchange information with policy leaders about cutting-edge government programs and regulatory practices aimed at increasing new firm formation and gain insight about the ways in which other national governments support entrepreneurs.

CONNECT | STARTUP NATIONS SUMMIT

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GEC+ is a deep-dive gathering of entrepreneurship experts that is focused on a particular area of startup ecosystems. Designed to enable a less hurried, deeper colloquy around well-defined yet unanswered questions arising from GEN’s annual Congress, GEC+ events look at regions or specific topics identified in conjunction with the nation that hosts them.

CONNECT | GEC+

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The August 2016 GEC+ in Daegu, Korea, hosted by GEN and the Korea Entrepreneurship Foundation, rigorously examined challenges and best global practices for fostering an entrepreneurial mindset and shined a bright light on new research and analytical tools for practitioners to apply when developing entrepreneurship programs and policies.

CONNECT | GEC+ DAEGU 2016

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The next GEC+ will be held in Cape Town, South Africa on March 16-17, 2017, and offer an introduction into Cape Town’s vibrant entrepreneurial ecosystem. Following the GEC in Johannesburg, the event is sponsored by the Allan Gray Orbis Foundation and the Cape Town GEC+ Host Committee. In addition to an overview of Cape Town’s entrepreneurial ecosystem, GEC+ Cape Town will feature a dive deep into innovative new methods for understanding entrepreneurial mindset around the world.

CONNECT | GEC+ CAPE TOWN 2017

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GEN GLOBALGEN COUNTRY

Execution

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GEN [COUNTRY] | NATIONAL ROLE• Convenes and aligns the major entrepreneurial ecosystem actors to

streamline efforts, minimize competition, and maximize impact and outcomes

• Serves as a source and sharing platform of knowledge, including national and global research data and analysis about program performance

• GEN [Country] plays to the strengths and strategic plans of the current actors and their current roles seeking to compliment and enhance their efforts and funding

• GEN [Country] amplifies the voice of entrepreneurial ecosystem actors on the global stage for research and policy and programs

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GEN Global: Bigger the Sum of the Parts• Given it is active in 170 countries and has global vertical communities

in research, policy, start and scale programs and more what can we do that is bigger than the sum of the parts?• What are the biggest barriers to our collective future? How can we

overcome them>• What opportunities do we have as a global community populated or

connected to the major actors of our time in entrepreneurship that we might seize? • Which of these are more effectively addressed by a global community?• What else could we do that would be uniquely possible for a global

community?• How could the GEN community better serve your interests?

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The Global Entrepreneurship Congress is part of theGLOBAL ENTREPRENEURSHIP NETWORK

g e n g l o b a l . o r g

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LEVERAGE THE GECPARTNERSHIP OPPORTUNITIES

Bill Aulet of the Martin Trust Center for MIT Entrepreneurship, speaker at GEC Medellin in 2016

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CONTACT

Ingrid Vanderveldt, founder of the Dell Center for Entrepreneurs, speaker at GEC Moscow in 2014

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