Starting today, in 123 countries around the world, millions of current and aspiring entrepreneurs will kick off the third-annual Global Entrepreneurship Week (GEW) 2011, Nov. 14-20. More than 25,000 partner organizations will host 40,000 events in a week-long celebration that will drive awareness of and adoption for the world’s key economic driver – entrepreneurship.

“For one week each November, students, educators, entrepreneurs, business leaders and government officials come together to pursue one cause – to spread the power of entrepreneurship,” said Carl Schramm, president and CEO of the Ewing Marion Kauffman Foundation. “It’s during this time that we celebrate the innovators who bring ideas to life, drive economic growth and expand human welfare.”

Global Entrepreneurship Week is the world’s largest celebration of the innovators and job creators who launch startups that bring ideas to life, drive economic growth and expand human welfare.

The initiative kicked off in 2008, launched by former UK Prime Minister Gordon Brown and Carl Schramm, the president and CEO of the Ewing Marion Kauffman Foundation. Since then, it has grown to 115 countries—with nearly 24,000 partner organizations planning more than 37,000 activities that directly engage more than 7 million people.

With so many new jobs in entrepreneurial economies coming from firms less than five years old, it is not surprising that leaders around the world are looking to reinvigorate their economies by focusing on ways to stimulate new firm formation. Global Entrepreneurship Week helps map the entrepreneurial ecosystem in those countries and enjoys the participation and support of presidents and prime ministers on every continent, including: President Barack Obama (US); Prime Minister David Cameron (UK); Prime Minister Benjamin Netanyahu (Israel); President Anibal Cavaco Silva (Portugal); Prime Minister Stephen Harper (Canada); President John Atta Mills (Ghana); and, numerous ministers focused on advancing economic growth.

But GEW is more than just an awareness campaign supported by world leaders and celebrity entrepreneurs. It is about unleashing ideas and doing what it takes to bring them to life—spotting opportunities, taking risks, solving problems, being creative, building connections and learning from both failure and success. It is about thinking big and making your mark on the world—doing good while doing well at the same time.

Published in TiE

TiE Ohio, the Ohio chapter of The International Entrepreneur, is pleased to announce the finalists for the 2011 TiE International Entrepreneur Awards. The awards were created to recognize the achievements of international entrepreneurs helping to reshape and rebuild Ohio's business landscape and to highlight how international entrepreneurs contribute to the local economy. The 2011 TiE International Entrepreneur Awards provide awards in 4 categories:

* Immigrant Entrepreneur Award <$5M. This award recognizes an entrepreneur who was born outside the U.S., started his or her company in Ohio, and the business currently generates annual revenues under $5M). Finalists are Laura Bennett (Embrace Pet Insurance), Dr. Charu Ramanathan (CardioInsight), and Bahman Taheri (Alphamicron).

* Immigrant Entrepreneur Award >$5M. This award recognizes an entrepreneur who was born outside the U.S., started his or her company in Ohio, and the business currently generates annual revenues above $5M). Finalists are Saji Daniel (Tradex), Stella Moga-Kennedy (Le Chaperon Rouge), and Alex Sonis (AVADirect).

* Global Entrepreneur Award. This award recognizes an entrepreneur, either foreign-born or local-born, who started his or her company in Ohio and has a global presence today). Finalists are Yuval Brisker (TOA Technologies), Dr. Mehran Mehregany (Nine Sigma), and Rini Das (Pakra).

* International Student Innovator Award. A new award this year, this award recognizes an international student currently enrolled at a higher education institution in Ohio (or graduated within the past year) who has shown leadership and entrepreneurial spirit. Finalists are Lingxiao Xue from CWRU (Chinese Student Housing Program), Kshitij C. Jha from the University of Akron (BienaTech), Mdrakibul Islam from the College of Wooster (Global Prospects) , and Abdullah Alkhaddah from Kent State University (H.O.M.E. Markets).

Award criteria considered in selecting the finalists include business success (revenue generated, capital raised, jobs created, progress with international vendors, entering new markets), impact and leadership in the Ohio community, and the innovation and creativity demonstrated in the and structuring the business. The Finalists will be profiled in the September issue of Inside Business Magazine.

Winners of the awards will be announced at the award ceremony on September 20, 2011 at Windows on the River starting at 5pm. Successful international entrepreneur Dr. Hiroyuki Fujita, President & CEO of Quality Electrodynamics, will deliver the keynote speech at the ceremony.

Jeanette Grasselli Brown and Dr. Anthony Yen will be honored by receiving the Community Catalyst Award at the ceremony to recognize their efforts in creating global connections for the region.

The International Entrepreneurs (TiE) is an organization of entrepreneurs who connect, network, and mentor globally to create the next generation of successful entrepreneurs. Founded in Silicon Valley by immigrant tech entrepreneurs, TiE has 57 chapters around the globe. TiE is now the world's largest organization for fostering entrepreneurship; its members include some of the world's most well-known entrepreneurs such as Gururaj "Desh" Deshpande and Vinod Khosla. TiE Ohio, a statewide chapter, is the 50th chapter of the global TiE network. It fulfills a critical niche in Ohio's business development landscape by focusing specifically on immigrant and minority entrepreneurs within the region, and by encouraging other such entrepreneurs to consider Ohio as a place to launch their new businesses. TiE Ohio provides focused support to entrepreneurs through mentoring, business education programming, and a business venture competition (TiEQuest).

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Published in NineSigma

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