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NEWS
UN High-Level Debate on "Entrepreneurship for Development"

New York, U.S.A. - On June 26th, the Young Americas Business Trust (YABT) participated in the Panel discussion "Entrepreneurship as a tool for Empowerment" that formed part of the conference on "Entrepreneurship for Development", co-hosted at the United Nations (UN) headquarters in New York by the President of the General Assembly and the Israeli Mission to the UN.

The event followed the passage of Israel-initiated UN General Assembly resolution 67/202 on "Entrepreneurship for Development." The resolution was designed to encourage countries to support entrepreneurs, as a means of advancing growth and prosperity in the developing world. The UN Secretary-General Ban Ki-moon stressed the importance of empowering young people through entrepreneurship. "[Entrepreneurs] must be encouraged to stand at the frontline of socio-economic change, in the service of sustainable development," highlighted the President of the General Assembly, Vuk Jeremić.

The Panel "Entrepreneurship as a tool for Empowerment" featured remarks by YABT's Founder and Chair of the Board of Directors, Roy Thomasson alongside the following distinguished speakers: Rahama Wright, Founder and CEO of Shea Yeleen International; Naila Chowdury, CEO of TeleConsult Group; Helen Marquard, the Executive Director of the SEED Institute; and David Sengeh, Doctoral Student at MIT and Entrepreneur.

In his introductory speech, Mr. Thomasson talked about the importance of international cooperation in achieving empowerment through entrepreneurship, a process that contributes to economic and social development and peace: "Entrepreneurship stimulates the creativity in people…We need a new Business Model, which is socially inclusive, environmentally sustainable, and one that integrates technology." The discussion that followed the panel introductions, also saw participation from YABT's Executive Director, Valerie Lorena, who speaking in representation of the civil society, highlighted the need to include young entrepreneurs in the decision making process: "Young entrepreneurs are not only an inspiration, but also our job creators. They create business models that include social responsibility, solutions to environmental issues and they present themselves as our partners for development."

The first panel discussion titled "Entrepreneurship for Development" also featured Sherry Tross, representing the Organization of American States (OAS), who spoke of the entrepreneurship of the young generation. She said youth often have an attraction to sustainable entrepreneurship and corporate social responsibility (CSR), and that investments should be made to give youth the opportunity to experiment and engage across cultures.

YABT has worked extensively with the Israeli Government, developing training programs in Latin America and the Caribbean, and through Israel's Agency for Development and Cooperation (MASHAV) and the Golda Meir Mount Carmel International Training Center (MCTC). On June 17-30, 2013 MASHAV, MCTC and YABT will conduct an International Workshop "Entrepreneurial Innovation: Business from the idea to implementation" that will take place in Haifa, Israel.

For more information about the conference, click here.

 

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