Archive for October 2010

Social Game to Launch During Global Entrepreneurship Week

I wanted to make you aware of a dynamic new element that will help entrepreneurs from around the world to connect and share ideas, while encouraging healthy competition.

For the first time, Global Entrepreneurship Week is offering a social game as a “featured event” for its international participants. Global Innovation Game, or GiG, is a game of strategy and competition that challenges entrepreneurs to solve real-world problems with their innovative ideas. GiG is free-to-play on Facebook and unlike more traditional in-person Global Entrepreneurship Week events, the game is available 24/7, from wherever players are located.

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Good Capitalism, Bad Capitalism in Arabic – LIVE Cairo Book Release with Robert E. Litan

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On November 3, 2010, the Center for International Private Enterprise (CIPE) and independent Egyptian media organization Al Masry Al Youm, with the support of the Ewing Marion Kauffman Foundation and the Intel Corporation, will launch the Arabic translation of Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity at a gathering of over 250 influential Egyptian leaders from business, government, politics, academia, civil society, and the media. The highlight of the event will be a keynote speech via videoconference by co-author Robert Litan, Vice President of Research and Policy at the Kauffman Foundation.

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Ashoka Changemakers’ Property Rights Competition

Deadline: November 3, 2010

Property rights are essential to entrepreneurs and a key component of expanding access to opportunity. Omidyar Network and Ashoka’s Changemakers are inviting submissions of innovative approaches to strengthening property rights. “You can nominate or submit a solution that helps to provide land to the landless, formalizes or documents property rights, or provides legal education to help people understand and benefit from the laws that protect their assets.” Three winners will each receive $50,000 US! The judging panel includes Hernando de Soto and Elinor Ostrom.

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Innovation, Economic Empowerment, and Democratization

What does the phrase “economic empowerment” mean to you? Perhaps when you think of empowerment, you think of entrepreneurship. In an interview with CIPE, Professor Iqbal Z. Quadir—founder of Grameenphone and director of the Legatum Center for Development and Entrepreneurship at MIT—shares his perspectives on the meaning of economic empowerment. Here are some of the ways Prof. Quadir describes empowerment…

“Economic empowerment means that income is dispersed among people, rather than concentrated in the state or among the elite. With increased income, individuals can vote with their hard-earned money on the goods and services that would improve their lives. This also makes it possible for more entrepreneurial ventures to emerge, activating the ingenuity and initiative of more people.”

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The 2010 CIPE International Youth Essay Winners: Entrepreneurship and Society Category

For Ioana Benjamin-Schonberger, the first place winner in the category of “Entrepreneurship and Society” in CIPE’s 2010 International Youth Essay Contest, it is not entrepreneurs that Romania lacks, but a renewed entrepreneurial culture that looks beyond self-interest and profits and takes a broader vision for business and entrepreneurship.

Too few business ventures tackle deep social issues and poverty that still affect large parts of the country. According to Ioana, youth are in prime position to change this—they have the greatest potential to bridge the gaps between businesses and the poor because they are more connected, idealistic, and have an action-oriented mindset geared for change.

Read the top three winning essays.

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Sri Lankan Entrepreneur Wins YBI Entrepreneur of the Year Award in Mexico

Fathuma Nisreen, a beneficiary of the Hambantota Youth Business Programme (HYBP) of Hambantota District Chamber of Commerce (HDCC) and owner of a bag and garment making business in Hambantota, has been named the winner of an international competition for young entrepreneurs, organized by Youth Business International (YBI). The Sri Lanka business woman was announced as the YBI Entrepreneur of the Year on the 23rd September 2010 at a prestigious awards ceremony in Mexico City, after being interviewed by a judging panel of experts on business and entrepreneurship, a communiqué from Youth Business Sri Lanka, informs.

Youth Business Sri Lanka is an accredited programme of Youth Business International (YBI), and provides financing for youth to start a viable business idea and provides advice through a voluntary mentor. Hambantota Youth business Programme is the YBSL district programme in Hambantota. The Ceylon Chamber of Commerce is the custodian of national programme and houses the YBSL Secretariat.

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CIPE Youth Essay Competition Stimulates Romanian Winner to Organize Similar Contest

Irina Alionte (Romania), last year’s Youth Essay Competition first-prize winner for the category Educational Reform and Employment, recently visited the CIPE Regional Office, Romania to share her achievements over the past year and the story of how the prize she won last year has influenced her outlook on life.

Irina is currently serving as Marketing Manager for her family’s business – Shakespeare School, a Bucharest-based foreign languages educational institution which specializes in English courses for students between 5 and 25 years old. Among the several interesting achievements Irina has had since winning the CIPE Youth Essay Competition, one particularly stands out because, as Irina mentioned, it was inspired by CIPE’s competition.

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