Young Entrepreneurs: Drivers of Sustainable Growth

Lima, October 8th, 2015 – The President of the World Bank was the keynote speaker in Lima during the Dialogue in which the Young Entrepreneurs: Drivers of Sustainable Growth Report was presented. This dialogue was coordinated by the Young Americas Business Trust (YABT) and was the product of more than 3 months of talks performed in 43 countries from the 5 continents.

In the facilities of the National Museum of Lima, the President of the World Bank, Jim Young Kim; the actor and activist, Sean Penn; and the Cofounder of LinkedIn, Allen Blue, shared the panel with Ashish J. Thakkar, Cofounder of Mara Group; Blanca Treviño, President and CEO from Softtek; and Mariana Costa, Cofounder of Laboratoria.

These panelists talked about the report emerged from the participation of thousands of young who collaborated through any of the channels disposed by the YABT in the last 4 months: 3 Global dialogues (English, Spanish and French); 25 national dialogues covering the 5 continents, and the more than 1.000 responses through the virtual consultations.

Jim Kim was the central speaker in the event, who convened more than 500 people in order to discuss about youth and entrepreneurship. ”We are doing our best to get the capital for young entrepreneurs from poor and margined locations (…) we have to make sure there are systems for young people to get access to capital” The President of the World Bank said.

On his behalf, the actor and founder of Jenkins-Penn Haiti Relief Organization, Sean Penn, told his experience in Haiti and assured this country is a fertile field for all the young entrepreneurs, especially in regards of the renewable energies. “I came here to cheer for young entrepreneurs from developing countries” he stated.

The cofounder of LinkedIn, Allen Blue, referring to the new technologies and how they should be exploited as tools, said “My advice for entrepreneurs is that they should develop their application now”.

Blanca Treviño, CEO form a Mexican enterprise named Softtek, gave her advice: “Passion and determination are the key for the entrepreneurs (…) today is the right moment to venture and dare to be entrepreneur”. After that, the Mexican entrepreneur referred to the important role played by the Government as facilitator of the entrepreneurship and how big companies can help start-ups by mentoring, support and exposition inside the market.

Ashis J. Thakkar founder of a successful Pan-African company, Mara Group, said that he quitted school at the age of 15 in order to create his own enterprise. “We have to empower and inspire young entrepreneurs (…) we have to support and inspire women entrepreneurs to create sustainable economies” he declared.

Finally, Mariana Costa, young entrepreneur from Peru, shared her experience of Laboratoria. This company aims to empower women and get them closer to the labor market. “One way to help Laboratoria is by hiring women graduated from our training programs” she expressed.

Young Entrepreneurs as Drivers of Sustainable Growth: 2015 Annual Meetings

###

The Young Americas Business Trust (YABT) is a non-profit organization that works in cooperation with General Secretariat of the Organization of Americas States (OAS). It promotes and executes programs that foster the entrepreneurial initiative in the Americas to address poor and find better opportunities for the youth. Since its foundation, the YABT has empowering more than 40.000 young from 75 countries.

Once a year, the Annual Meetings of the World Bank (WBG) and the International Monetary Fund (IMF) gather Executive Managers from Central Banks, Finance & Development Ministers, Executives from the Private Sector and Academics so they can analyze the advancements reached by the WBG and the IMF.