The 8th Global Entrepreneurship Summit is beginning in Hyderabad today. It is being held in India for the first time. The summit focuses on women entrepreneurs and all eyes are on US President Donald Trump’s daughter and advisor Ivanka Trump. Prime Minister Narendra Modi along with Ivanka Trump will inaugurate the three-day event themed around “Women First, Prosperity for All”. GES, a personal initiative of former US President Barack Obama to bring entrepreneurs from across the globe on one platform, made a beginning in 2010 in Washington and thereafter it has been hosted by Turkey, United Arab Emirates, Malaysia, Morocco and Kenya. In 2016, Silicon Valley hosted the GES. India was given opportunity to host GES during Modi’s US visit in June. The summit is taking place at the Hyderabad International Convention Centre (HICC) in Hitec City, the Information Technology hub. The event will bring together 1,500 emerging entrepreneurs and investors, and ecosystem supporters from 150 countries for training and mentoring sessions, networking and investment matchmaking. [caption id=“attachment_4224133” align=“alignleft” width=“380”]
File image of Prime Minister Narendra Modi meeting Ivanka Trump. Twitter @USAandIndia[/caption] “For India, the summit holds a special place as we are more intensely focused than ever before to give entrepreneurs the opportunities and ecosystem to help them thrive,” said Amitabh Kant, CEO, NITI Aayog. The US State Department and other American agencies in partnership with NITI Aayog, India’s think tank, are organising GES, which seeks to create an environment that empowers innovators, particularly women, to take their ideas to the next level. GES will highlight India’s enabling environment for innovation and entrepreneurship - including actions by the government to increase the ease of doing business, eliminating unnecessary regulations and supporting start-ups. The 2017 event will focus on four innovative, high-growth industries – healthcare and life sciences; digital economy and financial technology; energy and infrastructure and media and entertainment. The event consists of breakout sessions, master classes, and workshops. Three networking sessions are also planned to enhance opportunities to interact with other participants. The delegates include about 400 each from India and the US and the remaining from rest of the world. Women will represent 52.5 percent of the participants, the highest in GES’ history. Afghanistan, Saudi Arabia and Israel are among 10 countries being represented by all-female delegations. Ivanka Trump, who has been speaking out on the world stage about women empowerment, will be leading the US delegation. She will speak at the GES inaugural session on Tuesday and another session on Wednesday. According to Gayathri Vasudevan, Co-Founder & CEO, LabourNet, the theme of this year’s GES Summit is a curtain raiser for a much-awaited launchpad for women entrepreneurs globally who are harbouring aspirations for inclusive economic growth. “While statistics reveal that workforce participation of women in India is reducing, female micro-entrepreneurs are on the rise. This is because of the rise of the service and trading sectors as result of a booming consumer market. Understanding India’s present entrepreneurial landscape, I hope that this summit will be able to open doors to the large proportion of women micro entrepreneurs in the service and trading sectors. This could be the right platform for increasing female workforce participation in Indian economy as well as ensuring equitable economic development,” she said.
Global Entrepreneurship Summit updates: Hyderabad welcomes Ivanka as Narendra Modi stresses on need for more women as biz leaders
The delegates include about 400 each from India and the US and the remaining from rest of the world.
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Highlights of GES 2017 on second day
Ivanka Trump, the daughter and advisor of US President, Donald Trump had a day busy today at the Global Entrepreneurship Summit – a three day affair, at Hyderabad. She started the day with an interesting panel discussion titled, ‘We can do it! Innovations in workforce development and skills training’. The panelists on the discussion were Chanda Kochhar, MD and CEO, ICICI Bank, Cherie Blair. The session was moderated by Karen Quintos of Dell.
Ivanka will visit the historic Golkonda Fort in the afternoon. It is situated around 15 km from the venue of the summit — Hyderabad International Convention Centre (HICC), the venue of the summit.
After a dinner last night with Prime Minister Narendra Modi at the Falaknuma Palace, it is the turn of the Telangana government to host a dinner for the guests. This will be held at the spectacular Golkonda Fort. However, Ivanka will not be attending it as she will fly back to the US on Wednesday evening.
Cherie Blair at GEC
Young women lead change
Sneek peek of Ivanka’s dinner
Winners of Uber startup contest announced
Innovation showcase
Day 2 at GES
The session today aims to boost women participation in the workforce through increased access to skills, training, education, and career counselling.
Importance of technology
Ivanka Trump said: Technology is a great driver of entrepreneurship because it emboldens women to start their own businesses, reduces barriers to starting new businesses, and creates flexibility for the modern working family.
See women’s issues as just that, says Ivanka
Women make up half of the world’s population. Need to think of these issues not as women’s issues but human issues.
Having equal gender representation is a financial positive to businesses today besides being a social responsibility.
Ivanka Trump to visit Golkonda fort
Ivanka Trump is scheduled to visit the historic Golkonda Fort on Wednesday afternoon along with a delegation of senior officials, before returning to the USA later in the evening.
‘Everyone should celebrate India’s sporting culture’
Women’s role in business ‘critical’ says Ivanka Trump
Increased participation of women in businesses is a “critical issue”.
While addressing a session titled ‘We Can Do It’ where Telangana minister KT Rama Rao, ICICI Bank CEO Chanda Kochhar, and Cherie Blair, wife of former UK PM Tony Blair, Trump said: Technology offers tremendous opportunity to women and women entrepreneurs. One thing I would like to throw out there is that these aren’t women’s issues. We are half the population, so we need to start thinking about them as critical issues."
Five course dinner for Ivanka
Prime Minister Narendra Modi hosted a five course dinner for Ivanka Trump at Falaknuma Palace yesterday. The menu:Gosht shikampuri kebab, Khubani ke malai kofta, Murgpista ka salan and Sitaphal kulfi were the stars of the meal, according to chefs; saffron and figs were used for special flavours.
Locally-sourced fabrics including Ikkat were shown off.
US State Department praises Ivanka
State Department Spokesperson, Heather Nauert, praised Ivanka for her accomplishments in Hyderabad.
“We are certainly proud of what shes been able to accomplish, and I can think of no better representative for the US Government to talk about womens entrepreneurship than her,” she told reporters at a news conference.
Love India as a sporting nation, says Sania Mirza
Good facilities, infra needed for women, says Mithali Raj
GES held in India first time
The Global Entrepreneurship Summit brings together nearly 1,500 entrepreneurs, investors, and supporters of entrepreneurship from over 150 countries across the world. The Summit is being held in India for the first time.
Session on driving entrepreneurship in sports by Harsha Bhogle
‘Thrilled’, says Nikki Haley of Ivanka’s work at GES
US Ambassador to the United Nations Nikki Haley also praised 36-year-old Ivanka. “Thrilled to see” Ivanka Trump “in India promoting female entrepreneurs. At home that means improving workforce development and cutting government red tape,” Haley said in a tweet yesterday.
Haley is the highest ranking Indian-American in the Trump administration. She is also the first ever Indian American serving in the Cabinet of any presidential administration.
“Globally it means creating an environment where women- across the world-have access to the capital & mentorship they need to succeed,” Haley said.
Great work, says Donald Trump to daughter and advisor Ivanka
US President Donald Trump has applauded his daughter and advisor Ivanka Trump for promoting women entrepreneurs during her ongoing visit to India
“Great work Ivanka,” Trump said in a late-night tweet as he retweeted State Department which said that Ivankas comments on US efforts to fuel entrepreneurship so that Americans can turn their dreams into incredible legacies.
Changing economy helping women to start careers: Chanda Kochhar
India is witnessing a demographic shift in the workforce. The changing structure of the economy is encouraging more women to start their careers resulting in more women in the fields of sports, governance and banking.
Recognition of work will keep women going: Chanda Kochhar
By educating a woman, you educate a generation: Chanda Kochhar
Panel discussion on women’s equality and gender issues
The second day of the Global Entrepreneurship Summit was kickstarted with an interesting panel discussion on women’s equality and gender issues. ICICI Bank chief executive officer Chanda Kochhar, Ivanka Trump, daughter and advisor to the US president Donald trump, and Cherie Blair, chairperson Foundation for Women were the participants. The discussion was moderated by Karen Quintos of Dell.
Highlights of the Global Entrepreneurship Summit
Lauding the initiative of the summit at Hyderabad, Prime Minister Narendra Modi mentioned the valiant efforts of women from history such as Rani Lakshmibai, Ahilyabai Holkar to those women in various fields in the present ranging from sports to science such as Saina Nehwal, PV Sindhu, Sania Mirza and the contribution to space programs in the US by Indian origin women such as Kalpana Chawla and Sunita Williams.
He hoped that the summit would encourage more women to become entrepreneurs.
The prime minister also highlighted the various initiatives taken by his government such as Swachch Bharat, Aadhaar, Banking Regulation Act among others that made the environment conducive for business. He said that though India was ranked 100th in ease of doing business, the government wasn’t happy with it and was aiming to be in the top 50, he said.
US President Donald Trump’s daugher Ivanka Trump, who is also an advisor to her father was appreciative of Hyderaba’d contribution towards technology. She hoped that the tech centres would outshine the city’s world famous biryani.
Congratulating the prime minister, Ivanka said that what he had achieved was extraordinary. “You’ve proved that transformation is possible,” she said.
India, US relations will reach new heights, says Sushma Swaraj
I am ‘chinamma’ of Telangana: Sushma Swaraj
Come, Make in India, Invest in India: Narendra Modi
Women are at the forefront of co-operative movements in India, says Narendra Modi
Atal Tinkering Labs promote innovation: PM Modi
PM Modi wishes fruitful and engaging summit
I invite each one of you to become a partner in India’s growth story. I assure you, again, of our whole-hearted support. I am informed that President Trump had declared November 27, 2017 as National Entrepreneurship month. This will summit will resonate with those theme.
Let me conclude by wishing you a fruitful and engaging summit.
Our sportsmen have made us proud: Narendra Modi
Moody’s upgrade after 14 years, says Narendra Modi
Our efforts have been recognised by Moody’s upgrade. This comes after a gap of almost 14 years. India has improved from 54 in 2014 to 35 in 2016 on World Bank Logistics Index.
Level playing field for entrepreneurs, says PM Modi
We have launched a program to provide high speed internet connection by March 2019. Under Clean Energy Program, we have increased our capacity from 30,000 megawatts to 60,000 megawatts.
We are working developing a National Gas Grid.
Our recent World Food India initiative help us to engage with entrepreneurs in the food development startup sector.
Level playing field is necessary for entrepreneurs to succeed. We recognise this
Women’s empowerment is important for development: PM Modi
Not happy with 100th credit rank: PM Modi
We want to have 50th rank.
We have launched Mudra scheme. Our government has launched Atal Innovation Mission. 19 incubation centres have been created in various universities and research institutions. We have created Aadhaar, the world’s largest digital biometric base. It cover 1.15 billion people and can digitally process 40 million transactions daily.
Ease of doing business is govt achievement, says PM Modi
The number of smartphone users is projected to grow by 800 million by 2018. It bodes well for job creation. Start India program is a comprehensive plan to foster entrepreneurship and innovation. It aims to minimise regulatory burden and support startups.
Over 1200 redundant laws have been scrapped.
Our government has taken several steps to improve business. Ease of doing business ranking from 180 to 100 is because of our initiatives
Narendra Modi invokes Swami Vivekananda
An entrepreneur uses knowledge and skills to fulfill a motive. They see an opportunity in adversity. They make processes more comfortable and easier for end-user. They are patient. Swami Vivekananda says: Each work has to pass through three stageS — ridicule, opposition and acceptance
Summit should promote women entrepreneurship, says PM Modi
At the GES, more than 50 percent delegates are women. Over the next two days, you will meet more women who have walked alone on their paths and have inspired a new generation of women entrepreneurs. I hope the summit will focus on how to support women entrepreneurship.
India has been an incubator over the ages. The ancient Indian treatise Charaksamhita, introduced ayurveda. Yoga is another ancient Indian innovation. On 21st June every year, the entire world comes to celebrate the day.
The digital world we live in today is based on the binary system. The innovation of zero started with Aryabhatta.
Women have done India proud, says PM Modi
The theme: Women First, Prosperity to all makes this edition stand out. In mythology, women is the goddess of power, incarnation of Shakti. We believe women empowerment is vital to our development. Our history has references to women of enormous talent. Our warrior queens like Rani Ahilyabai Holkar and Rani Lakshmibai fought bravely to defend the kingdoms. Our freedom struggle is too replete with such instances. Our space programmes including the Mars Orbiter Mission has immense contribution from women scientists. Kalpana Chawla and Sunita Williams, both of Indian origin, have been part of US space missions. Three out of oldest high courts in India are held by Indian women judges. Our sportswomen have done India proud. This city is home to Saina Nehwal, PV Sindhu and Saina Mirza