Page 3 - 201908G20Entrepreneurship Newsletter

EU: 2019 European Entrepreneurship Education Summit Held in France

The 2019 European pressing issues of our societies and find innovative solutions to
Entrepreneurship solve today's problems. In addition to discussing the latest data and
Education Summit trends on entrepreneurship education, the summit participants had
was held in Lille, the opportunity to discover the results of implementing education
France on 4-5th program amongst young students. Asked about their experience of
July 2019, gathering going through the entrepreneurship education program, the students
the e xperts in all acknowledged the skills and competences acquired, including
entrepreneurship self-confidence, creativity, teamwork or public speaking, amongst
education, EU and others. The Entrepreneurship Education Expert Network (EE-HUB)
national policy-makers, government officials, educators, business and officially launched the Entrepreneurship Education Monitor at the
NGO representatives. The discussions included panel debates and 2nd European Entrepreneurship Education Summit on July 4th and
interactive sessions on ways to accelerate Entrepreneurship education 5th held in France. The Monitor is dedicated to tracking the uptake
of entrepreneurship education and will support the ultimate goal of
in Europe, the role of business and education cooperating to reduce the EE-HUB that every young person should have at least one practical
skills mismatch and establish more entrepreneurial schools. entrepreneurial experience before they leave school.
Amongst all the issues discussed, panelists highlighted that Europe Responsibilities of the Monitor include:
was on the right path: not so long ago, the word "entrepreneurship"
would still have a bad reputation and would be highly ideological. 1) Supporting peer learning
Instead, politicians, educators, representatives of public investment 2) Showcasing good practice
banks and business stressed on the need to promote what 3) Inspiring governments, businesses, teachers, volunteers
entrepreneurs really are: people who dare to tackle the most 4) Calling attention to relevant research and reports

US: Government Increases the Investment in Innovation and Entrepreneurship

U.S. Secretary of Commerce Wilbur Ross today announced that for innovations during the second phase of their research. Phase
44 organizations—including nonprofits, institutions of higher II awards range from $975,000 to $1,150,000, with a duration of
education, and entrepreneurship-focused organizations—from 28 two years. Nine EERE technology offices (Advanced Manufacturing
states and two territories will receive grants totaling $23 million Office, Bioenergy Technologies Office, Building Technologies Office,
to create and expand high-growth entrepreneurship and increase Fuel Cell Technologies Office, Geothermal Technologies Office,
access to capital for communities across America. The grants are Solar Energy Technologies Office, Vehicle Technologies Office,
made annually under the Economic Development Administration's Water Power Technologies Office and the Wind Energy Technologies
(EDA) Regional Innovation Strategies (RIS) program competition. Office) will fund 42 awards across 19 states under 15 topics and
The 2019 awardees will leverage an additional $26 million in 26 subtopics. Small businesses play a major role in spurring
matching funds from a variety of private- and public-sector sources. innovation and creating jobs in the U.S. economy. The SBIR and
Small Business Technology Transfer (STTR) programs were created
American small businesses received a near-$44 million boost from by Congress to leverage small businesses to advance innovation at
the Energy Department's Office of Energy Efficiency and Renewable federal agencies. DOE developed Technology Transfer Opportunity
Energy (EERE) Small Business Innovation Research (SBIR) program. subtopics as a way for small businesses to partner with national
As part of last Monday's announcement, small businesses are laboratories on research and development needs to speed up the
ؽ൅ݓࠢ๶Էြ࿹࣮ᇏྏ
receiving Phase II grants that demonstrate commercial feasibility
commercialization of national laboratory inventions.

India Will Soon Launch a Dedicated TV Channel for Startup Entrepreneurs

The Narendra Modi government plans to launch a television channel focuses on nurturing
and supporting startup activities in the country, finance minister Nirmala Sitharaman said
during her union budget speech today (July 5).

The channel, which will be set up under the purview of state-run broadcaster Doordarshan,
will be designed and managed by startups themselves, she said. The channel will promote
new businesses and enable matchmaking with venture capitalists. Aside from funding, the
channel will also provide resources for tax planning.
This could be a great way to raise awareness about entrepreneurship among youth in
smaller towns and cities. "We have seen established companies being given the limelight
for the last several decades but with this lot of SMEs and startups can come to mainstream
and be seen as thought leaders," Santosh Panda, founder of a ticketing startup Explara, told
Quartz. "Once the government sets the ball rolling, it will influence the private TV channels
to do something similar and bring startups into the mainstream."