Global Entrepreneurship Movement empowers new global entrepreneurship platform

Global Entrepreneurship Movement (GEM) has been entrusted as developer, as well as content curator and content strategist for the Global Entrepreneurship Community (GECommunity) 2016, soft-launched in conjunction with the World Islamic Economic Forum (WIEF) in Jakarta, Indonesia today. GECommunity 2016 is hosted by the Finance Ministry, through the National Entrepreneurs Development Office (NEDO) and the Malaysian Global Innovation and Creativity Centre (MaGIC).

GECommunity acts as a platform to position Malaysia as the global connectivity and innovation hub by taking the role of a global ecosystem connector, aiming to have at least 40 ideas that will catalyse entrepreneurs globally based on industries and to have at least eight executable initiatives with cross-border collaborations. The aspirations behind GEC include new economics, industry transformation and collaboration between countries to support entrepreneurs through policies and initiatives.

GEM, as a non-governmental organisation mooted by YBhg. Tan Sri Dr Mohd Irwan Siregar Abdullah, Secretary General of Treasury, Ministry of Finance, will lead in content curation, community development and connectivity among GEC participants:

Content - GEM will cooperate closely with MaGIC as well as the Finance Ministry of Malaysia to curate contents for programmes and activities throughout the GECommunity 2016 event. GEM is now in the process of contacting and inviting prominent global entrepreneurs and innovators to attend the event and will also identify leaders and key players for GECommunity 2016 clusters. GECommunity will focus on 12 main business clusters: biotechnology, food and agriculture, retail and tourism, smart cities, alternative resources, education and finance, media and creative industries, healthcare, as well as transport and logistics.

Community - GEM is securing the attendance of 50 influencers from the global entrepreneur ecosystem at the event. Prior to the event, GEM will explore possible joint ventures with them to accelerate Malaysian entrepreneurs to a global level.

Connectivity: Entrepreneurs involved will be provided with the necessary assistance in other countries.

Global Entrepreneurship Movement launched in Malaysia

Source: GEM Facebook page.

The Global Entrepreneurship Movement (GEM) was officially launched in Kuala Lumpur, Malaysia today. The non-governmental organisation (NGO) providing a networking platform for entrepreneurs from different sectors such as social entrepreneurship, technology, and halal to converge.

“I’m joined on this NGO by community leaders from different networks who will support a strong partnership for Malaysia and our entrepreneurs. We’ve got some incredible entrepreneurs, business leaders and innovators who are present today. They see the promise of internationalising Malaysia and will support GEM’s vision where no one is deprived or denied from being an entrepreneur," said YBhg. Tan Sri Dr Mohd Irwan Serigar Abdullah, the patron of GEM and Secretary General Treasury, Ministry of Finance. 

“GEM will be the first NGO that focuses on connecting, networking whilst fostering collaborations to internationalise Malaysia’s entrepreneurial ecosystem.” 

GEM aspires to build, promote, internationalise and connect the Malaysia-based entrepreneurship movement with the world, including the investment sectors, business angels, private equity firms, venture capitalists and the like. It also aims to align with current entrepreneurial initiatives and agencies by bringing them together.

YBhg. Tan Sri Dr Mohd Irwan said, "By placing greater emphasis on entrepreneurship via GEM’s strategic programmes, locally, regionally or at an international level, everyone will be provided opportunities to rise which will ultimately unleash the possibilities of creating jobs, spurring innovation and strengthening Malaysia’s leading position in entrepreneurship.”

GEM is set to invest in a capacity building programme via a two-day hackathon for 300 university students at Gathering of Rising Entrepreneurs, Act Together (GREAT) Kuching in Sarawak on April 2 and 3, 2016. GREAT Kuching is the ultimate gathering for all stages of entrepreneurs, startups and funding vehicles led by the National Strategic Unit (NSU) and the National Entrepreneur Development Office (NEDO), supported by the Malaysian Global Innovation and Creativity Centre (MaGIC). There will also be a year long programme done in partnership with Malaysia Debt Ventures (MDV) to help entrepreneurs who have failed.

According to GEM’S President, Dash Dhakshinamoorthy, “Today, we have people from all walks of industries. Some are startups, some in growth stages and some are in the multi-million dollar revenue stage. However (the) one common thread that runs through the fabric of this group is the desire to make Malaysia the go-to place for launching ventures.

“The government has played a pivotal role for many years to spur entrepreneurship in the country. From setting up the MSC to launching various venture capital funds and also by investing in various agencies to catalyse and grow different clusters of entrepreneurs – grassroots, university entrepreneurship, startups, agri-entrepreneurs, creative entrepreneurs just to name a few. The time has come for independent and private sector players to synergise and weave the ecosystem together by building trust, collaboration and most importantly to be able to dream together to make the Malaysian entrepreneur truly global.” 

Interested?

Membership in GEM is open to students, individuals and companies. Membership fees begin from RM50.