Home » News and Events » Secretary General of OECD Angel Gurria :” Governments need to create a business ecosystem that levels the playing field for young entrepreneurs”

Secretary General of OECD Angel Gurria :” Governments need to create a business ecosystem that levels the playing field for young entrepreneurs”

Secretary General Gurria spoke at the Western Balkans Berlin Process Summit – Leaders Session on Youth entrepreneurship

http://www.oecd.org/about/secretary-general/western-balkans-summit-leaders-session-on-youth-entrepreneurship-poland-july-2019.htm

He focused on these messages:

  • Boosting youth entrepreneurship to unleash the region’s full economic potential
  • It is time to act: fostering youth entrepreneurship

And three issues to work on:

  • First, governments need to create a business ecosystem that levels the playing field for young entrepreneurs. Policy makers should identify the special needs of youth, and offer tailored support services and structures such as incubators.
  • Second, accessing finance remains too difficult for young entrepreneurs.A staggering 70% of all new businesses view a lack of funding as the number one impediment for creating a business. You cannot expect young people to become entrepreneurs if you don’t equip them with the necessary resources.
  • Third, young people in the Western Balkans have substantially lower skills than their EU peers.

Boston Global Forum honored Mr. Angel Gurria as A World Leader in AI World Society at the Boston Global Forum – G7 Summit Conference on April 25, 2018 at Harvard University Faculty Club.