GEW Magazine issue 1 | Page 18

GEW 17 Nov - 23 Nov 2014 Iran Brazil A new dawn of opportunity in an ancient land A success story For the third year Brazil has the largest GEW and aims to use its strength to promote important changes for the entrepreneurial environment G EW has enjoyed six successful years in Brazil. In that time 700 partners have helped to hold 4,000 events for more than 2 million participants and 40,000 social media followers. This popularity proves that the entrepreneurial culture has spread throughout the country with millions believing that it drives economic growth, generates jobs and creates opportunities. IRANIAN ENTREPRENEURSHIP IN ACTION GEW Iran is supported by MAPNA Group. This is the epitome of Iranian entrepreneurship: a group with 39 subsidiaries engaged in the development and implementation of power, oil and gas, railway transportation and other industrial projects, as well as equipment manufacture and the necessary investment schemes they need. Since 1992, it has completed over 100 projects worth over €30 billion, manufacturing 95 different commodities and providing over 50 services. With more than 12,000 direct Impact of GEW 2013 Country Iran Activities 10 Partners 14 Participants 2,200 Details http://ir.gew.co Page 18 GEW Magazine employees, the company has a significant role in Iran’s growing economy and infrastructure and has the expertise to contribute to the economic growth of other countries too. “We owe our success to our high-caliber, knowledgeable management, technical, engineering, financial and economic experts who are all committed to improving and growing the company as they reach the group’s goals,” says Abbas Aliabadi, chairman & president, MAPNA Group Abbas Aliabadi But the country also has a highly educated and experienced workforce that is eager to bring its expertise to other countries around the world. This is in line with Iran’s desire to develop its own economy while also helping to contribute to the development of its neighbours. One way to do this is to encourage Iranian entrepreneurs to bring their skills and knowledge in everything from finance and engineering to project management and services to the world. Within Iran itself, there are excellent opportunities for entrepreneurs and investment in infrastructure and supply chain through public/private partnerships, something that Iran recognises as offering a solid foundation for the nation’s future economic growth. While these areas of growth amongst the traditionally strong Iranian industries of petroleum, petrochemicals and transport may be obvious, it is worth noting that there is a whole generation of highly qualified Iranian graduates who have specialised in power generation, oil and gas, IT, mining and healthcare. Despite this, there are still very few people that are willing to take the risk of starting their own business. Amongst those that do, even fewer can be considered high impact entrepreneurs. Brazil has only 34,000 high growth companies, less than 1% of the total, which are responsible for 50% of the new jobs generated in the recent past. The economy is growing, in all sectors, and this means there are opportunities for Irianian entrepreneurs and for international investment practically everywhere. Iran Entrepreneurship Association GEW is being hosted by Iran Entrepreneurship Association (IEA), a notfor-profit organisation that champions the entrepreneurial spirit in Iran by providing assistance to startup businesses. IEA helps to develop local business communities, improve and increase access to latest training and education, ease enterprise regulations and policies and to attract media attention to startups. It also works to support the development of accelerators and incubators, increase access to finance for new businesses, attract local and international investment and to empower other NGOs and institutes that support entrepreneurship. The week in Iran Last year was Iran’s first as a participant in GEW but, even from a standing start, the committee still managed to organise more than 20 events in conjunction with 15 partners. Once again this year, Iran sees GEW as a golden opportunity and a window into the country. There is a new programme of events planned that promise to connect Iran’s entrepreneurs to the global grid of ideas, innovation and investment while, at the same time, building a stronger entrepreneurship ecosystem at home. GEW host organisation: Iran Entrepreneurship Association The challenge is to create an entrepreneurial environment in which people feel confident in starting up their own businesses and to create the conditions in which those companies can thrive. To do that, the Brazilian government has taken an active approach to fostering entrepreneurship with many new initiatives to assist startups, providing them with funding (e.g. FINEP BNDES), strengthening , mentoring networks (e.g Sebrae, Endeavor, InovAtiva Brasil, Startup Brasil, SEED), providing facilities to open a company in less than a week (e.g. Sala do Empreendedor, Portal do Empreendedor) and expanding the benefit of special tax regulations for SMEs (Simples Nacional). More than a week Throughout the month of November, public and private sectors will cooperate to foster entrepreneurship and promote a more conducive environment for enterprise. The plans for 2014 include a national advertisement campaign on the challenges entrepreneurs face in Brazil, a petition around new tax regulations, a challenge to reward and promote the most successful initiatives on entrepreneurial education in the country as well as flagships events to engage government leaders. GEW host organisation: Endeavor Brazil Impact of GEW 2013 Country Brazil Activities 4,127 Partners 598 Participants 1,678,250 Details www.semanaglobal.org.br Endeavor Brazil Around the world, Endeavor is the leading supporter of high impact entrepreneurs. This is true in Brazil too, where Endeavor’s primary goal is to increase the number of high impact entrepre