PM Modi to inaugurate Global Entrepreneurship Summit in city on Nov 28

Hyderabad: A high-level delegation from the Government of India and the United States met today at NITI Aayog to plan the 2017 Global Entrepreneurship Summit, which will be held November 28-30 at the Hyderabad International Convention Centre in Hyderabad, India.

The Summit will be inaugurated by Prime Minister Narendra Modi and Advisor to the President, Ivanka Trump, who leads the U.S. delegation.

The GES is the preeminent annual gathering of emerging entrepreneurs, investors, and business leaders from around the world. 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. This year, the focus will be on women entrepreneurs and the tremendous potential women bring to entrepreneurship.

GES 2017 will create an environment that empowers innovators, particularly women, to take their ideas to the next level. Women represent tremendous promise for economic growth and prosperity -- but in both developing and developed countries, also face tremendous barriers to building businesses. This year’s theme is “Women First, Prosperity for All” to celebrate the entrepreneurial spirit in all its strengths and diversity.

GES 2017 will be attended by over 1600 delegates, including entrepreneurs and investors, CEOs of major knowledge-based industries, representing the full measure of entrepreneurial talent from diverse backgrounds across the world. The participants will be truly global, representing 160 countries, with representation from every region of the world. Entrepreneurs will represent a diverse range of geographies, industries, business size and scalability. Investors and representatives from organizations that support entrepreneurs will be hand-picked to catalyze investment, networking and mentoring. There will be special emphasis on empowering young and women entrepreneurs and the role they play in making communities more prosperous and secure through enterprise.

NITI Aayog is taking the lead in organising this Summit for the Government of India. Amitabh Kant, CEO NITI Aayog stated that this is a unique opportunity for Indian Startups and Innovators to interact and network with the finest entrepreneurs of the world. He acknowledged the support of Government of Telangana in hosting the Summit at Hyderabad, and said “India, the oldest civilization, welcomes civilizations from across the world to GES 2017. We need to harness technology to solve some of the most pressing problems in healthcare delivery, education, energy, safe drinking water and agriculture, among others for the benefit of communities at large. Innovation and entrepreneurship will play a decisive role towards this end. I am sure this will be a unique opportunity for entrepreneurs to interact with the best.”

Jennifer Arangio, Senior Director at the National Security Council, The White House, said "The United States is proud to partner with India for this year’s GES. Uniting under the theme Women First, Prosperity for All, the Summit will highlight the Trump Administration’s commitment to the principle that when women are economically empowered, communities and countries thrive. Hosting GES in India is a signature of the broad and enduring partnership between our two countries. We thank our co-host, the Government of India, for their support, energy and hospitality, and look forward to a high-impact Summit that brings together ground-breaking U.S. entrepreneurs and investors with their counterparts from around the world.”

Innovations developed by entrepreneurs have transformed the world’s economies by creating jobs, increasing productivity, and improving the quality of life for people everywhere. The summit will primarily focus on four thematic sectors: Energy & Infrastructure, Healthcare & Life Sciences, Financial Technology & Digital Economy, and Media & Entertainment sectors.

The GES 2017 agenda consists of breakout sessions, master classes, and workshops. Three networking sessions are planned in the schedule to enhance opportunities to interact with other GES 2017 participants. The summit will have Breakout Sessions where panelists will discuss key themes, innovative industries, and other aspects of entrepreneurship that are being highlighted in GES 2017. Master Classes are immersive, and typically focus in depth on a certain topic. Workshops invite more hands-on, interactive conversations on a chosen topic between the panelists and the audience.

NITI Aayog and the U.S. Embassy are planning a series of ‘Road to GES’ events in collaboration with different agencies to generate enthusiasm and attract the attention of different stakeholders.

As part of the summit, there will be a virtual exhibition of India’s innovative prowess in collaboration with the Department of Industrial Policy and Promotion. It is also proposed to showcase India’s heritage, social entrepreneurship and craftsmanship in collaboration with the Ministry of Rural Development and Ministry of Culture.