Impact

 

The Global Entrepreneurship Congress was designed to build one global ecosystem - creating a community for entrepreneurs and those that support them. It strengthens and connects local and national ecosystems venturing beyond simple matchmaking and deal flow to broker trust and collaboration.

The GEC also brings an astounding level of human capital and global resources from 200 countries to one place - connecting local entrepreneurs, investors, policymakers and ecosystem builders with their global counterparts.

 

As a result, the GEC...

 

  1. Spotlights the world's highest performing startup, scale up and innovation programs.
  2. Leverages a common value creation culture to identify shared challenges and opportunities between innovation ecosystems.
  3. Enhances the institutional capacity of entrepreneur support programs through knowledge transfer and global connectivity.
  4. Identifies highly effective government policies to enhance the performance of its entrepreneurs, investors and support systems.
  5. Enables cities and countries to precisely benchmark ecosystem performance by identifying important indicators and highlighting the latest data-driven efforts to measure growth.
  6. Provides a unique platform for entrepreneurs to promote their ideas, products, and services.
  7. Demonstrates the vibrancy of the local ecosystem and its potential as an innovation hub for the region and the world. 

The GEC brings upwards of $30 million in economic value to the local economy. It also leads to major legacy projects like 22 on Sloane, which at 10,000 square meters, is the largest startup campus in Africa. But the real impact lies in the indirect, intangible, and long-term developments that cities and countries experience over many years after the Global Entrepreneurship Congress.

 

GEC Host Cities Report...

 

  • $30 million in economic value for the local host economy
  • $10B in potential announced MoUs and private sector deals
  • 3,000+ delegates from 200 countries
  • Increased brand perception globally as a strong entrepreneurial ecosystem
  • Deepened ties with global entrepreneurship + innovation ecosystems
  • Increased awareness among local entrepreneurs about the array of support available to them
  • >100M global and regional media impressions
  • Full integration across government ministries to promote entrepreneurship policy
  • Legacy projects
  • 95% of attendees expect the connections they made at GEC to impact their work over the next 12 months.
  • 93% of attendees planned to apply information gained from GEC  to impact their work in the next 12 months.