Rabat - Held under the High patronage of King Mohammed VI, Morocco will host the 5th Edition of the Global Entrepreneurship Summit, in Marrakech on November 20-21st, 2014, under the theme "Harnessing the Power of Technology for Innovation and Entrepreneurship," said on Tuesday a statement by the Ministry of Foreign Affairs.
As a result of the Royal visit conducted by King Mohammed VI of Morocco to Washington D.C in November 2013, President Obama and King Mohammed VI agreed to host the 5th Edition of the Global Entrepreneurship Summit in Morocco, the same statement said.
Held for the first time in an Arab-African country, the selection of Morocco as host country reflects the active role Morocco plays in the overall economic development of the African continent, and the Kingdom’s leadership in supporting entrepreneurship and the integration of youth and women into the economy, it added.
The Kingdom of Morocco will seize the occasion to make the 2014 Global Entrepreneurship Summit a call to action for global investors to finance start-ups and new ventures, with a strong emphasis on financing ventures for female entrepreneurs.
The event will bring together over 3000 entrepreneurs, along with heads of State, high level government officials, global entrepreneurs, small-medium enterprises (SME’s), corporate leaders, and young entrepreneurs from around the globe.
Launched in 2009 by US President Barack Obama, the Global Entrepreneurship Summit is a government-supported forum aimed at creating bridges between entrepreneurs, banks, venture capitalists, investors and others in the United States and Muslim communities around the world.