7 Jun 2019

Global Entrepreneurship Summit-2019

Manifest Pedagogy

GES events, places and themes are important for global economy and themes are of particular relevance for mains. The technology ideas form the basis for many prelims questions and moreover relevance for ideas discussed during the event related to India should remain a key focus area.

In  news

Global Entrepreneurship summit-2019

Placing it in the syllabus

International Trade

Static dimensions

About Global Entrepreneurship summit

Global Entrepreneurship summit 2017, India

USA and Global Entrepreneurship summit

Current dimensions

  • Global Entrepreneurship summit-2019
  • Theme of GES-2019
  • Key highlights of GES 2019

Content

About Global Entrepreneurship summit

It is an event that serves as a forum to celebrate and nurture entrepreneurship besides providing opportunities to network.

The GES Aims

  1. To showcase inspiring entrepreneurs and investors from around the world creating new opportunities for investment, partnership, and collaboration.
  2. To connect American entrepreneurs and investors with international counterparts to form lasting relationships and
  3. To highlight entrepreneurship as a means to address some of the most intractable global challenges.
  • The summit typically includes a wide range of workshops, panels, ignite talks, pitch competitions, mentoring, and networking sessions aimed to give participants tailored opportunities to gain skills and relationships that will help their ventures grow. It also includes demonstration areas and experiential learning exhibitions to create opportunities for participants to connect with industry experts.
  • As part of the Genius Group, the Entrepreneurs Institute is dedicated to connecting entrepreneurs around the world through the Global Entrepreneur Summit event series, held in Europe, Africa, Asia, Australia and New Zealand.
  • Through networking, mentoring, and workshops, the GES empowers entrepreneurs to pitch their ideas, build partnerships, secure funding, and create innovative goods and services that will transform societies.
  • GES serves as a vital link between governments and the private sector, and convenes global participants to showcase projects, exchange ideas, and champion new opportunities for investment.  Relationships formed at past GES Summits have transcended industries and sectors and transformed ideas into enterprises.

Global Entrepreneurship summit 2017, India

  • The GES 2017 took place in India(Hyderabad) in November with the theme of ‘Women First, Prosperity for All’. It  hosted more than 1,500 entrepreneurs from around the world, and focussed on the issue of ‘Women First, Prosperity for All’.
  • It was the first edition of the GES to take place in South Asia, and more than 50% of the delegates at the event were women.
  • the 3-day event co-hosted by the United States and India
  • The theme of the GES-2017 demonstrates the commitment of the US and Indian governments to the principle that when women are economically empowered, their communities and countries thrive.

Global Entrepreneurship summit-2019

The Global Entrepreneurship Summit 2019 is a worldwide platform of inspirational keynote speakers, matchmaking, debate and ideas about how to build a future and promote free and fair trade and prosperity for all. A marketplace for breakthrough technologies where innovators, investors, the private-sector and entrepreneurs come together to form new and unlikely coalitions to accelerate and scale up workable, market-ready solutions. The Global Entrepreneurship Summit 2019 is an investment in our future generations, with worldwide gains that will last far beyond the event itself.

Key Highlights of the GES summit

    • It was the 9th edition of the summit
    • With The Future Now as the overarching theme, GES 2019 empowered entrepreneurs to pursue solutions to global challenges in the following sectors: Agri/Food, Connectivity, Energy, Health, and Water. To reach these goals, investors from across the capital continuum, ranging from venture capital firms to family offices, intersected with scientists and entrepreneurs to harness industries of the future such as 5G, advanced manufacturing, and artificial intelligence.
    • Investors, entrepreneurs, and policymakers all have important roles in harnessing these technologies to bring solutions to market, and GES 2019 brought these groups together to create the next wave of innovation.
    • GES 2019 illustrated how investment in new technologies and businesses is spurring innovation now and building the foundation for future advancement.
    • The 9th edition of GES is being organised jointly by the US Department of State and the Dutch Ministry of Foreign Affairs. The US delegation will be headed by Secretary of State. As the Netherlands is co-host, Minister for Foreign Trade and Development Cooperation will chair the Summit.
  • It was held in Hague(this is the first summit in European Union)
    • Many entrepreneurs from across the world, including 33 from India, gathering to share their insights and showcase their ideas on a world stage.
    • The Global Entrepreneurship Summit (GES) 2019 is being hosted by the governments of the United States of America and the Kingdom of the Netherlands.
  • Participants of the summit include policymakers, thought leaders, inspirers, and journalists.
  • Goal of the summit:
  1. It is held annually to promote entrepreneurship worldwide.
  2. The Summit helps innovators establish links with foreign investors who can assist in scaling up internationally.
  3. At GES 2019, policymakers form governments will also attend. This way, GES offers a unique, international platform for companies to demonstrate their innovative solutions to major challenges facing the world today.

Significance of the summit

GES 2019 presents an excellent opportunity for the Netherlands to bolster their ties with the United States and underscore their position as the Gateway to Europe. It also allows Netherland to showcase their strengths with regard to entrepreneurship and innovation.