Get All Access for $5/mo

Listening in on the President's Entrepreneurship Summit

By Carol Tice Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

This week, the president unveils his plan for creating peace between the U.S. and Islamic nations. Primary weapon? Entrepreneurship.

Economic opportunity means less unrest, poverty, and less of a jihadi breeding ground overseas, the theory goes. While some U.S. entrepreneurs might wish the president was holding a summit to address domestic barriers to entrepreneurial business growth...you've got to admit fostering financial stability worldwide is a good idea, too.

To see what can be done to help ignite entrepreneurial efforts abroad, President Barack Obama holds a Summit on Entrepreneurship today and tomorrow in Washington, D.C., with the goal of learning how to better connect businesses and nonprofits here and in Muslim communities. A preview:

The press room for the summit doesn't have much about American delegates to the summit, but the international visitors sound interesting, and they're from all over...more than 50 nations including Indonesia, Brunei, Nigeria, and Malaysia. A mix of entrepreneurs and nonprofit executives in microfinance and other business-support areas are on the guest list.

While the summit is being held, dozens of "partner events" will also take place around DC, hosted mostly by American entrepreneurship and international-cooperation nonprofits. So if you're in the area but didn't get an invite, there are some other places you might be able to drop by and weigh in on the topic. Also implicated -- the Ewing Marion Kauffman Foundation, which has teamed with the U.S. Commerce Department's International Trade Administration to focus on seeing how entrepreneurial efforts can stimulate economic growth worldwide. See more about the summit and the Kauffman-Commerce partnership at entrepreneurship.gov.

If this is like previous Obama summits, there'll be a way to view it online, through Facebook or some other social media, but they tend to announce it last-minute. You can get connected to summit news here.

Carol Tice

Owner of Make a Living Writing

Longtime Seattle business writer Carol Tice has written for Entrepreneur, Forbes, Delta Sky and many more. She writes the award-winning Make a Living Writing blog. Her new ebook for Oberlo is Crowdfunding for Entrepreneurs.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

At Age 15, He Used Facebook Marketplace to Start a Side Hustle — Then It Became Something Much Bigger: 'Raised Over $1.6 Million'

Dylan Zajac, now a 21-year-old senior at Babson College, wanted to bridge the digital divide.

Innovation

These Entrepreneurs Created a League That Turns Gamers Into Pro Race Car Drivers: 'We're Giving Drivers a Sustainable Career Path'

Racing Prodigy's innovative E2Real sports league is lowering the high-cost barrier to entry for drivers to take their passion to the track.

Business News

OpenAI Just Released Its Text-to-Video Generator, Sora. Here's How the New AI Could Impact Small Businesses and Creators.

Sora has a variety of use cases for businesses, from social media campaigns to video creation.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

'Faster, Smarter, and More Relevant': Reddit Tests AI That Combs the Site For You

The AI is like a blend of Google and ChatGPT, tailored specifically for Reddit.

Growing a Business

This Cozy Coffee and Garden Shop Has Become a Staple in Its Community By Following 5 Smart Strategies

Maypop is a combination coffee and garden shop where a blend of community building and customer service creates an unforgettable experience.