Press Release | Apr 1, 2022
On the 29th of March 2022, the President of the Global Entrepreneurship Network (GEN), Jonathan Ortmans announced that the Global Entrepreneurship Congress 2023 will be held Australia, Melbourne. GEC 2023 will be co-hosted by GEN Australia and MCI Australia, aims to bring together entrepreneurs, investors, ecosystem builders, policymakers and community leaders from 200 countries to share and strengthen innovative approaches that empower entrepreneurs.
GEC 2023 will build on the work of GEC 2022, which ended on March 30 In Riyadh, Saudi Arabia. For four days, delegates from 200 countries came together for the first time since the onset of the pandemic to do business, make connections, share best practices, and strengthen the global entrepreneurship ecosystem.
“As one of the top 25 cities in the world for global connectedness and startup talent, Melbourne is a rapidly expanding hub for innovation and entrepreneurship,” said Jonathan Ortmans, President of the Global Entrepreneurship Network. “It is a fitting backdrop to connect and collaborate to bring ideas to life, drive economic growth and expand human welfare in the post-pandemic economy.”
With an entrepreneurship ecosystem valued at USD 7.6 billion, Melbourne is a hotspot for startups and a destination for investment. The city is home to more than 2,100 startups, nearly 500 investors and almost 50 accelerators. It is among the top two cities for entrepreneurship in Oceania, according to the Global Startup Ecosystem Report.
Dr. Chad Renando, GEN Australia Managing Director said, “GEC 2023 is a once-in-a-generation opportunity to bring leaders from around the world to showcase Australia’s innovation ecosystem as we collectively leverage innovation and entrepreneurship to address global challenges. It could not happen at a better time, as Australia builds on year-on-year record venture investment coming out of a global pandemic.”
The GEC brings upwards of USD 30 million in economic value to the local economy. Hosted in a different city every year, the Global Entrepreneurship Congress has previously been held in Kansas City (2009), Dubai (2010), Shanghai (2011), Liverpool (2012), Rio de Janeiro (2013), Moscow (2014), Milan (2015), Medellin (2016) and Johannesburg (2017), Istanbul (2018), Manama (2019) and Riyadh (2022).
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22 On Sloane is the largest startup campus in Africa. The campus offers disruptive startups and innovative SMEs a complete turnkey solution to scale, from the initial idea all the way to commercialisation, funding opportunities and access to markets. Its aim is to nurture the entrepreneurial mindset, ensure their sustainability, and explore development of new industries and contribute towards job creation in Africa.
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