Kingdom officials invited to attend Malaysian entrepreneurship summit

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SOURCE: Arab News

August 30, 2013

Malaysian Ambassador Syed Omar Al-Saggaf Thursday extended invitations to Saudi officials to attend the 4th Global Entrepreneurship Summit (GES) to be held at the Kuala Lumpur Convention Center in Malaysia on Oct. 11- 12.
“Malaysia will play host to more than 3,000 leaders, entrepreneurs, business leaders, civil society and policy-makers from 50 countries,” Al Saggaf said during a meeting at the Al Faisaliah Hotel on Thursday to promote the entrepreneurship summit. The Malaysian envoy thanked all those present including officials from the Saudi Ministry of Commerce, Council of Saudi Chambers and the Riyadh Chamber of Commerce and Industry.
Malaysian Prime Minister Najib Tun Razak will preside over the summit aimed at empowering entrepreneurs with skills and resources necessary to compete and thrive in the 21st century.
Al Saggaf said the summit will bring some of the best names to Kuala Lumpur to address four core issues including building an entrepreneural system, creating tomorrow’s game-changers, emerging trends and connecting for growth.
Al Saggaf said: “In what promises to be the hive of everything related to entrepreneurship, the Malaysian government will bring more than 100 practitioners and intellectuals as speakers who will share their views with the entrepreneural community.”
The topics to be discussed include innovative business models, disruptive innovation, digital entrepreneurship, innovative funding models, talent development, taking start-ups global and learning from success and failure.
Emerging trends in the start-up scene with special focus on Asia will also be discussed including fostering a green economy, products from emerging Asian middle class, low-cost scalabe solutions for the “bottom billion” and co-Islamic finance and financial inclusion.
“In creating tomorrow’s game-changers, there will be topics such as business not as usual, learning from risk takers, building great companies, investing in technology start-ups and social entrepreneurship and transformation,” he said.
Participants will delve into consumer products and services for the emerging middle class, the Entrepreneural University, the Malaysian start-up landscape, start-ups going global and job creation through small and medium enterprises.
“Ways to develop an entrepreneural team, crowd funding as a source of capital for SMEs, strengthening the investment climate in the community and market access will also be discussed at the summit,” Al Saggaf said, adding that there will also be discussions on “Beyond Silicon Valley: Start-up Ecosystems around the World,” where governments, investors, corporations, foundations and entrepreneurs themselves play an all-important role.
Moreover, the summit will also feature additional activities such as start-up academy workshops, founder/mentor matchmaking sessions, insider’s roundtable on Malaysia and ASEAN, young entrepreneurs including finalists from the Global Innovation through Science and Technology’s Tech-I competition.


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