At the Global Entrepreneurship Summit in Istanbul, Turkey, U.S. Vice
President Joseph Biden announced a partnership that would move the
future Summits to the opening day of Global Entrepreneurship Week
starting next November.
The Summit, hosted by Turkish Prime Minister Recep Tayyip Erdogan, is a
follow up to the Presidential Summit on Entrepreneurship called by
President Barack Obama in Washington, DC, last year to explore the role
new firms play in unleashing innovation, creating jobs and driving
economic growth. In support of the global entrepreneurship movement, the
U.S. Department of State is partnering with Global Entrepreneurship Week
to institutionalize future summits and facilitate host selection and
planning starting in November 2012.
"We are fully aware that the seed of innovation, change, technology and
science does not rest in the United States alone," said Vice President
Biden during his remarks. "And starting next year, the Global
Entrepreneurship Summit will partner with the Kauffman Foundation and
Global Entrepreneurship Week, the world's largest celebration of
business innovation to expand the reach of this summit in the years to
The 2012 Global Entrepreneurship Summit will be hosted by the United
Arab Emirates during Global Entrepreneurship Week which takes place next
year from November 12 -- 18.