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06 Jul 07 - Entrepreneurship: a catalyst for development and poverty reduction

EMPRETECMr. Richard Terrell Miller, Ambassador and US Representative to the Economic and Social Council of the United Nations, and Dr. Supachai Panitchpakdi, Secretary-General of UNCTAD, co-chaired a roundtable breakfast to discuss the importance of entrepreneurship and its role in job creation and poverty reduction.


The roundtable breakfast was attended by over 50 high-level representatives from ECOSOC member states, civil society, private organizations, the UN and various other international organisations.

Ambassador Miller opened the event by discussing the importance of entrepreneurship and its role in job creation and poverty reduction. Citing successful programmes such as UNCTAD's EMPRETEC, he challenged event participants to strengthen their commitment to promoting entrepreneurship development in their countries.

Dr. Supachai emphasized how the development of entrepreneurship and the upgrading of productive capacities are essential to ushering developing countries into the global trading system. Coordinated efforts at the international, national and micro level to support entrepreneurship development will be important in this regard.

The event's keynote speaker, Mr. Jonathan Ortmans from the Ewing Marion Kauffman Foundation on Entrepreneurship, highlighted a number of significant issues relating to entrepreneurship development and poverty reduction. He shared with the group research describing an entrepreneurial society that includes new actors in a new economy with new characteristics such as an open-source culture. He also informed participants about the network of angel investors and training activities for future venture capitalists and future company leaders.

Left to right: Ms. Lisa Carle, Counsellor, Economic Affairs, Permanent Mission of the United States to the United Nations at Geneva | Ms. Ann Low, First Secretary, Trade and Development, Permanent Mission of the United States to the United Nations at Geneva | H.E. Mr. Richard Terrell Miller, Ambassador and U.S. Representative to the Economic and Social Council to the United Nations | Mr. Charles Ocici, Executive Director, Enterprise Uganda| Mr. Scott Cain, Director of Communications, Enterprise Insight| Ms. Fiorina Mugione, Chief, Enterprise Policies and Capacity Building Section, Enterprise Development Branch, Division of Investment, Technology and Enterprise Development, UNCTAD| Mr. Jonathan Ortmans, President, Public Forum Institute and Senior Fellow, Ewing Marion Kauffman Foundation | Dr. Supachai Panitchpakdi, Secretary General, UNCTAD| Mr. George Dragnich, Director, Office of Economic and Development Affairs, Bureau of International Organizations, U.S. Department of State, Washington, D.C.| Mr. Khalil Hamdani, Director, Division of Investment, Technology and Enterprise Development, UNCTAD
Other speakers included the Director of Communications at Enterprise Insight, Scott Cain, who shared his organization's experiences on instilling the entrepreneurial spirit in the youth of the United Kingdom. The initiatives he highlighted included "Entrepreneurship Week" and "Make Your Mark", culture change campaigns designed to spur entrepreneurship. Mr Charles Ocici shared his experience in running entrepreneurship programmes in Uganda.

Participants left the event enthusiastic about the possibility of partnerships and collaborations between the various members. The idea of creating an "Entrepreneurship Week" within the worldwide EMPRETEC network in cooperation with the Kaufmann Foundation is already being discussed.



 

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