https://arab.news/54nwj
RIYADH: The Global Entrepreneurship Network plans to establish its first overseas office in 抖阴短视频, GEN founder and president Jonathan Ortmans told Arab News.
The GEC, which concluded on March 30, recorded investments worth almost $8 billion on its second day alone.
The founder of the organization, which provides a platform for new firms and entrepreneurs to start and scale up their businesses, wants to work towards developing an entrepreneurial ecosystem in 抖阴短视频.
鈥淲hat鈥檚 important for us is chapter two of GEN. So chapter one was leading up to the GEC. Chapter two is, we will be registering as a company and establishing ourselves in 抖阴短视频,鈥� said Ortmans.
Talking about Saudi鈥檚 evolving entrepreneurial ecosystem, he said there is a very sophisticated understanding of the dynamics of what it means to build and create a company here.
鈥淎n even more world-class level of sophistication on behalf of the investors, all of these funds, I see that they鈥檙e very smart about how they鈥檙e going about it,鈥� he said.
Acknowledging Saudi鈥檚 rising entrepreneurial ecosystem, Ortmans added, 鈥淚 think 抖阴短视频 is not just leapfrogging other ecosystems. You鈥檙e pole-vaulting over them.鈥�
The GEN founder elaborated: 鈥淲e hope to be contributing to this great effort that鈥檚 underway here in the Kingdom, to be able to advance the entrepreneurial ecosystem.鈥�
Jonathan Ortmans speaking to Arab News
Ortmans, who launched GEN鈥檚 initiative, Global Entrepreneurship Week in 2008 alongside former UK Prime Minister Gordon Brown, explained that the GEC 2022 took place in Riyadh to show the world what is really happening in the Kingdom.
He added that this is a 鈥渃ritical moment in history,鈥� and as 抖阴短视频 is embracing entrepreneurship and innovation 鈥渨e wanted to come here to be part of 抖阴短视频鈥檚 support to entrepreneurs.鈥�
In terms of growth areas, Ortmans highlighted the importance of the space sector in the Kingdom, calling it a 鈥渉uge opportunity for astropreneurs.鈥�
鈥淪tartups that are focusing on products and services as a result of the lower cost of getting to space and back. We think that鈥檚 going to be one of the most important sectors.鈥�
He added there is no nation on earth that owns that right now. 鈥淲e鈥檙e actually trying to foster through our GEN space initiative, actually a global collaborative way to do that (in 抖阴短视频) which has never been done before.鈥�
In partnership with the Misk Foundation and Monshaat, GEN will host its Entrepreneurship World Cup competition this year in the Kingdom, as 抖阴短视频 has been hosting the finals of the competition for the past four years.