The US government is committed to promoting entrepreneurship in Ethiopia as a means to stimulate local economic growth, open up new markets for US companies and increase global prosperity. Global Entrepreneurship Week (GEW), November 12-18, 2018, is designed to celebrate innovative beginners and connect entrepreneurs to potential employees, mentors and investors. Since its inception in 2008, GEW has fostered the spirit of entrepreneurship globally in November with millions of attendees at thousands of events in nearly 170 countries.
To celebrate GEW, the US Embassy in collaboration with Humanity Plus (H +) and iCog Labs launched SolveIT! 2019, a national innovation competition to encourage young Ethiopians to address community issues through the application of software, hardware and other technologies. The competition also supports young people to develop innovative projects, promote entrepreneurship and solve local problems through technology. Ten cities will attend SolvieIT! 2019competition: Addis Ababa, Assosa, Dawa Dire, Bahir Dar, Gambella, Hawassa, Jigjiga, Jimma, Mekelle and Semera.
At the launch ceremony, the top three winners of SolveIt! The 2018 competition shared their experiences and advice to aspiring entrepreneurs. First-team members discussed the challenges of balancing their design with school requirements and detailed their experience with a material flaw that required a redesign of the oxygen therapy device. They emphasized that future participants and aspiring entrepreneurs need to be prepared to deal with their challenges, learn from the mistakes, and keep trying until they succeed.
The US Embassy, Humanity Plus and iCog Labs organized the first SolveIT! The competition in 2018, which received more than 1,600 entries in nine cities in Ethiopia, offered 90 technical and business coaching sessions, mentoring teams that developed 85 innovative products and services and gathered 31 teams in the National Round.
By supporting and developing an ecosystem that promotes entrepreneurship, innovation and technology, the US Embassy is investing the ability of Ethiopians to shape their future. US ambassador Michael Raynor noted: "… as Ethiopia embarks on the hard work of building its brightest future, there will be challenges. But as this competition shows, the challenges are there to be resolved and the challenges faced by Ethiopia will be solved first by the Ethiopians. "
Distributed by the APO Group on behalf of the US Embassy in Addis Ababa, Ethiopia.
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