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Saturday October 12, 2013 MYT 12:00:00 AM
Saturday October 12, 2013 MYT 8:59:47 AM
KUALA LUMPUR: The United States will enter into a partnership to train 500,000 entrepreneurs from Malaysia and around the world.
US Secretary of State John Kerry, who announced this, said the State Department would collaborate with Up Global over the next few years in 1,000 cities including Kuala Lumpur.
It will provide a full-spectrum support structure for entrepreneurs, focusing on every aspect of the entrepreneurial journey, from pre-idea through high growth stages.
Up Global is an organisation working with the US State Department with the aim of establishing entrepreneurship programmes around the world by 2016.
“The US will also take part in a mentor programme to facilitate entrepreneurship,” Kerry said at the 4th Global Entrepreneurship Summit (GES) here yesterday.
President Barack Obama had launched the GES in Washington DC in 2010 to connect entrepreneurs, banks, venture capitalists, investors and others to catalyse partnerships, encourage growth and strengthen ties.
Kerry was representing Obama who cancelled his visit to Malaysia citing the government shutdown in the United States.
Calling Malaysia a negara hebat (great nation), the chief US diplomat highlighted the country’s success in generating entrepreneurs in a multicultural setting, singling out Cyberjaya and prominent entrepreneurs Jimmy Choo and Tony Fernandes as among its success stories.
“This nation has given the world visionary business people like Jimmy Choo, who made his first pair of shoes at the age of 11.
“By the time he was in his 20s, his designs were being worn on sidewalks and catwalks from Los Angeles to London.
“And Tony Fernandes, long before he started hosting The Apprentice Asia, started the budget airline AirAsia,’’ Kerry said.
In a video address shown to the audience, Obama expressed his desire to make up for his absence and visit Malaysia soon.
“I had really hoped to be with you in person. Unfortunately, recent events in Washington made that impossible,” he said.
The president paid tribute to Malaysia, calling it “a dynamic economy, engine for regional prosperity and a country that’s increasingly connected to the global economy”.
“Likewise, Malaysia’s diversity, tolerance and progress can be a model to countries around the world,’’ he added.
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Government, John Kerry, Malaysia
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