BABSON ENTREPRENEURSHIP ECOSYSTEM PROJECT PRESENTS AT THE G20, BRAZIL SUMMIT, AND GERMAN DEVELOPMENT MINISTRY 50TH GALA
Dr. Daniel Isenberg, Founding Executive Director of Babson Global’s Entrepreneurship Ecosystem Project, and Professor of Management Practice at Babson Global, had an unusual series of opportunities in November in France, Germany, Brazil and Chile to present the principles and methodologies of the Babson Entrepreneurship Ecosystem Project (BEEP).
- Starting with the G20’s Youth Entrepreneurship Summit in Nice, France, Dr. Isenberg gave three presentations on entrepreneurship and how to foster it to a group of 400 entrepreneurs from the G20. Despite the designation as a “youth” summit, many of the entrepreneurs were in their 30s and 40s and already managing growing companies. “It is important for you to influence policy in the G20 as you are trying to do, but don’t lose sight of the necessity for you to be successful in your ventures.” commented Isenberg. “Success will allow you to have a powerful voice in your home countries.” One of the highlights of the G20 YES was an entrepreneurship ecosystem workshop that Dr. Isenberg conducted for a select group of 35 delegates in seven country teams from Canada, Russia, UAE, the UK, and Germany, among others.
- In Sao Paulo Brazil, Dr. Isenberg was an invited panelist at the Economist Brazil Summit. In the debate before an audience of 500 of Brazil’s public and private sector leaders, “Is industrial policy the way forward for Brazil?”Dr. Isenberg engaged in an energetic exchange with Joao Ferraz, vice president of the Development Bank of Brazil (BNDES) and Paulo Rezende, partner in the Brazilian PE fund, Valora. A debate emerged that focused on the opportunities and pitfalls for the government development bank’s efforts to stimulate the development of a capital markets as well as an entrepreneurship ecosystem.
In Berlin, Germany, Dr. Isenberg represented Babson as the only American (out of 70 invited international experts) participating in a two-day think tank to help the German Ministry of Economic Development (BDZ) formulate a new global development strategy. Under the auspices of Minister Dirk Niebel, the participants engaged in work groups to identify new priorities and practices. Participants included Auma Obama (Kenya), Prince Buthelezi (South Africa), Achim Steiner (Executive Director of the UN Environment Program), Shukria Barakzai (Chairwoman of the Afghan Defense Committee), Alison Evans (director of the Overseas Development Institute, UK), and others. Grameen’s Mohamad Yunus, Robert Zoellick (CEO of the World Bank), and Donald Kaberuka (president of the African Development Bank) addressed the expert group.