President Barack Obama with co-founders of the Global SPARK coalition, Jonathan Ortmans, CEO of the Global Entrepreneurship Network; Tony O. Elumelu, CON, Founder of the Tony Elumelu Foundation; and SriramBharatam, Chairman, Africa Growth Initiative, (EO); during the Global Entrepreneurship Summit in Nairobi, Kenya, over the weekend
An impressive collection of organizations have come together to answer President Barack Obama’s call at the Global Entrepreneurship Summit recently in Nairobi, Kenya, to advance entrepreneurship and economic growth around the world.
Representatives of the Global Entrepreneurship Network (GEN), Entrepreneurs’ Organization (EO) and Tony Elumelu Foundation (TEF) participated in a formal signing ceremony at the Summit, committing to lead the Spark Global Entrepreneurship initiative. Spark is a coalition that is seeking to mobilize like-minded organizations, companies and investors that collectively generate more than $1 billion dollars in private investment for emerging entrepreneurs by the end of 2017.
The first wave of companies that have stepped forward include Citi, EY, GE, Google and IBM. Two African companies, Rendeavour, the continent’s largest urban land developer, and SkyPower, the largest provider of utility-scale solar power projects in the world, have joined as well.
U.S. Vice President Joseph Biden announced the Spark initiative at the 2014 Global Entrepreneurship Summit in Morocco and outlined the commitments of some of the most active and effective U.S. government programs such as the Presidential Ambassadors for Global Entrepreneurship, Young African Leaders Initiative, African Women’s Entrepreneurship Program and more.
To join Spark, visit www.startthespark.org
Photo Credit: prnewswire.com
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