Canada’s young entrepreneurs urge G20 leaders to support “smart entrepreneurship” to address growth and unemployment issues
September 10, 2016, Beijing, China – The world’s young entrepreneurs called today upon the leaders of the G20 to address global growth and unemployment concerns by committing to policies that promote entrepreneurship, innovation and enterprise education. A group of Canadian entrepreneurs, led by Futurpreneur Canada, joined this call to action.
At the seventh annual G20 Young Entrepreneurs’ Alliance Summit more than 300 young entrepreneurs issued a communiqué calling upon the G20 leaders, meeting in Hangzhou, China, to adopt policies based on global consultations with thousands of young entrepreneurs and supported by research conducted for the Alliance by its knowledge partners, Accenture, EY and the G20/G8 Research Group.
The Alliance’s Beijing communiqué made ten straightforward recommendations to the G20 leaders:
- Make entrepreneurship education compulsory for all learners in primary and secondary levels.
- Encourage and support the creation of university-based incubators and accelerators in partnership with the private sector, institutions and foundations.
- Drive the development of angel networks and alternative innovative funding platforms for young entrepreneurs through targeted incentives.
- Implement structural and legal reforms to promote entrepreneurship by reducing costs, bureaucracy, business disruption, and legal gaps.
- Enable SMEs to scale through fiscal incentives for scale-ups and its investors.
- Implement a policy to assist young entrepreneurs to do trade with others countries.
- Establish an electronic World Trade Platform (e-WTP) to simplify regulations and harmonization of customs barriers and tariffs to encourage global e-commerce.
- Establish a G20 Entrepreneur Visa to provide multilateral long-term visa and fast-track clearance for entrepreneurs within G20 countries.
- Ensure access to reliable/low cost high speed digital infrastructure for start-ups and scale-up businesses.
- Build an innovation dialogue among G20 countries.
Read more about Canada’s G20 YEA delegates here: http://www.futurpreneur.ca/en/2016/g20-yea-beijing/
About the G20 Young Entrepreneurs Alliance (G20 YEA)
The G20 Young Entrepreneurs’ Alliance (G20 YEA) is a network of leading entrepreneurship NGOs representing over 500,000 young entrepreneurs across G20 countries and the European Union. G20 YEA is building on partnerships and collaboration with governmental, business and civil society stakeholders such as the OECD, ILO, UN, B20, Y20, EY, Accenture and all official G20 engagement groups. In 2016, more than 300 young entrepreneurs and leaders from all G20 countries and additional observer nations attended the G20 YEA Summit in Beijing. For more information and the G20 YEA recommendations to the G20 leaders (communiqué) visit www.g20yea.com.
For more information, please contact:
416.408.2923, ext. 2207
Chair, Marketing Committee (Berlin)
+49 30 203 08 1527
Moderator, G20 Young Entrepreneurs Alliance (Toronto)