Belarus Celebrates Global Entrepreneurship Week 2018

Global Entrepreneurship Week (GEW) with 30 events over seven days, involving over 2,000 participants from Belarus and beyond, has started in Minsk. It will last from 12 to 18 November.

The busiest week of the year.

What is it about GEW?

The main event for entrepreneurs and start-ups in the country was opened by Prime Minister Sergei Rumas and the heads of Western diplomatic missions.

It gathered business representatives, investors, startuppers, international experts and policymakers in one place.

Read also: Belarus overtakes Switzerland and China in doing business in 2019

The international event is seen as a perfect platform for the dialogue of business and government. Held for the fourth time it aims at creating a favourable business environment.

Meetings of businesses and world-class experts, start-up networking events, master-classes, workshops and panel discussions are just some of the GEM activities.

“Entrepreneurs are the most talented part of our society, while innovative entrepreneurs are probably the best part of it. It is important that the forum promotes young people’s participation.

Not only their own future but the future of the country depends on how well the new generation masters the entrepreneurial culture and realize their creative potential,” the prime minister said at the opening.

Women and youth

Involvement of young people in entrepreneurship, support for women’s business initiatives, and innovation for business are also in the spotlight.

Rumas also expressed hope that foreign entrepreneurs will start to consider Belarus “not only as a country for the living but also as a country for doing business”.

The prime minister noted that it is almost a year since the legislation that liberalized the conditions for doing business has been active. This led to the growth of small and medium-sized businesses.

“Obviously, transparent, predictable and profitable legislation that excludes the adoption of excessive burdens and new barriers, will become the guarantor of business stability in our market,” the Prime Minister stated.

Read also: Belarus to introduce extra taxes for foreign companies with Belarusian roots

In 2018, over 3,000 business entities submitted notifications on the commencement of their activities, the number of artisans increased by almost 2,000. Creating a favorable business environment is the main priority of Belarusian economic policy until 2020.

GEW is an international initiative that introduces entrepreneurship to young people in six continents. Since its creation in 2008, over 10 million people from roughly 170 countries have participated in entrepreneurship-related events, activities and competitions.

Source: TUT.BY