Carlos Alexandre Da Costa, Deputy Minister for Productivity, Labor and Competitiveness has accepted an invitation to serve as a member of the Steering Committee for the Startup Nations Ministerial on behalf of the Ministry of the Economy of Brazil.
The Steering Committee will drive the Ministerial, which convenes as part of the Global Entrepreneurship Congress and guides the overall agenda of the Startup Nations network of policymakers and their advisors.
The annual Startup Nations Ministerial serves as a high level dialogue among government leaders to discuss how the public sector can better encourage young businesses to start and grow. Participating governments from across the development spectrum engage in dialogue around a wealth of new policy approaches to increase economic growth and job creation via a vibrant entrepreneurial economy.
The group helps lead GEN’s year-round effort to empower policymakers with information and resources to develop smarter policy instruments to increase the rate of new firm formation in economies around the world.
With the addition of Da Costa, national authorities in the Steering Committee include:
- Zayed R. Alzayani, Minister, Minister of Industry, Commerce and Tourism, Bahrain
- Carlos Alexandre Da Costa, Deputy Minister for Productivity, Labor and Competitiveness, Ministry of Economy, Brazil
- Kristin Schreiber, Director, EU Programme for the Competitiveness of Enterprises & SMEs (COSME), European Union
- Ambitah Kant, CEO, National Institution for Transforming India (NITI Aayog), India
- Miriam Y. Katagum, Minister of State, Ministry of State for Industry, Trade and Investment, Nigeria
- Saleh Alrasheed, SME Governor, Monsha'at, Saudi Arabia
Da Costa brings previous experience in serving as part of the Board of Directors of the Brazilian Development Bank (BNDES), where he was responsible for several of the institution's sectors, including planning and research, credit and information technology. Previously, he served as Academic Director of the Public Leadership Center. As an Executive-in-Residence at JP Morgan he worked with private equity investments in education and service companies.
He also founded and directed the Performance and Leadership Institute, an institution dedicated to the formation of leaders in several Latin American countries, and was partner-director of Ibmec Educacional where he acted as adviser to several companies and government plans.
Da Costa earned a bachelor's degree in economics from the State University of Rio de Janeiro (UERJ) and continued his education to earn both, a master’s degree and PhD (ABD) in Economics from the University of California, Los Angeles.
Under his leadership, the Ministry of the Economy of Brazil is supporting the enactment of a new legal framework for startups which would enhance the government's approach to supporting startups by introducing an official, legal definition of a startup company, along other measures to improve the regulatory environment, offer greater legal security to investors and entrepreneurs, encourage early-stage investment and allow for public procurement of innovative solutions. His team is also working on expanding the geographical reach of the "InovAtiva Brasil" acceleration program by working with a network of local leaders to reach more entrepreneurs throughout the country.
Da Costa's Undersecretary for Innovation, Igor Nazareth, has long been involved in Startup Nations, GEN's entrepreneurship policy community, sharing and seeking input from peers on some of Brazil's 20+ policy instruments in place today.