Islamabad: The U.S. Embassy partnered with Young Entrepreneurs Forum (YEF) of Islamabad Chamber of Commerce and Industry to organize the Young Entrepreneurs Conference 2012 on the theme “Inspiring a new wave of entrepreneurship” for the first time in Pakistan that brought together aspiring young entrepreneurs, established business leaders, Government of Pakistan representatives, U.S. Embassy officials, and members of the Pakistani-American Diaspora to discuss entrepreneurial issues in Pakistan in an interactive forum at the Jinnah Convention Center.
Addressing a big crowd of young entrepreneurs and business students on the occasion, U.S. Ambassador Cameron Munter stated, “I am struck by the common bonds shared between the citizens of Pakistan and the United States. This morning, as we focus on the key entrepreneurial characteristics of courage, creativity, and social responsibility, I believe we can establish a firm foundation for future bilateral engagement and stronger people-to-people ties.
The United States stands beside Pakistan as its entrepreneurs tackle the challenges of tomorrow, by promoting US funded professional exchange programs, establishing linkages with the Pakistani-American Diaspora community and developing finance solutions aimed at unlocking the capital necessary for Pakistan’s entrepreneurs and small and medium enterprises.
In a recorded video statement, Secretary Clinton appreciated the effort to bring so many talented young people together in one place to talk about how entrepreneurship can promote economic growth, peace and prosperity in Pakistan.
She said today’s well-known entrepreneurs like Bill Gates, Mark Zuckerberg and Tara Dawood all started out as a person with a dream that could change the world and got world recognition with their entrepreneurial efforts. She said US is contributing to promote the entrepreneurship around the world through its initiatives like Global Entrepreneurship Program and by working with organizations like the Islamabad Chamber of Commerce and Industry.
We are also working to help connect Pakistani entrepreneurs with members of the Pakistani-American Diaspora who are eager to support new business ideas in Pakistan, She said with the creation of conducive conditions for entrepreneurship in Pakistan, entrepreneurs could thrive and create positive future for themselves and for the people of Pakistan.
In his keynote address, Mr. Yassar Sakhi Butt, President, Islamabad Chamber of Commerce and Industry said “In our rapidly globalizing world, entrepreneurship has attracted the attention of policymakers and think tanks as an important source of job creation.
However, despite its crucial role for the economy, there has been no systematic attempt to look at it from the youth angle. We believe that youth entrepreneurship promotes innovation and creativity, encourages young people to generate new ideas and find innovative solutions as well as play an active role in the economic development.”
In his welcome address, Mr. Shaban Khalid, Chairman, Young Entrepreneurs Forum of Islamabad Chamber of Commerce and Industry stressed the need for developing an entrepreneurial ecosystem. He said youth accounts for over 60 percent of Pakistan’s population and it is essential to encourage them in entrepreneurship so that they could become more productive and contribute positively to the growth of national economy.
Throughout the day-long conference, Pakistani entrepreneurs led interactive discussions on social entrepreneurship, women’s entrepreneurship and building bridges through Diaspora business linkages. Pakistani-American leaders representing OPEN and Pakistan Business Connect used social media platforms to network with local entrepreneurs.
For more information, contact:
Islamabad Chamber of Commerce and Industry
Chamber House, Aiwan-e-Sanat-o-Tijarat Road, Mauve Area, G-8/1,
Tel: +9251 225 0526 and 225 3145
Fax: +9251 225 2950