Penn State encourages bright ideas during Global Entrepreneurship Week

University Park, Pa. -- Penn State will present a variety of contests, seminars and workshops that highlight the breadth of entrepreneurial programs available to students during Global Entrepreneurship Week from Nov. 16 to 22.

Global Entrepreneurship Week was launched in 2008 to tap into the energy of youth for solutions to the global challenges of our times. Its mission is summed up by the four big ideas in the program’s slogan: "Inspire, Connect, Mentor and Engage."

Last year, Global Entrepreneurship Week involved young people in thousands of events across 77 countries, with the specific aim of developing enterprising new ideas. From international challenges, such as poverty and climate change, to more specific problems in local communities, the organizers believe youth must be empowered to find solutions.

"The world knows that entrepreneurship is the key to economic recovery, and the next generation of innovators holds that key," said Carl Schramm, president and CEO of the Kauffman Foundation, the organization behind Global Entrepreneurship Week. "Now more than ever, we need to unleash the creativity and ingenuity of our youth."

This year, more than 3 million people and 8,800 organizations in 81 countries are expected to participate.

At Penn State, efforts are being spearheaded by the University’s Small Business Development Center (SBDC), a unit of Outreach with a long track record of supporting entrepreneurs.

"We really wanted to participate in the global effort this year, so I reached out to all the different units across Penn State that run entrepreneurial programs for students," said SBDC director Heather Fennessey. "It’s great, because it’s pulling us together in a way that’s never been done before at Penn State."

The SBDC will be the hub of activity on Penn State's University Park campus. For more information about the program and a full listing of events scheduled to take place from Nov. 16 to 22, visit online.

Penn State's SBDC is part of a nationwide network of more than 1,000 centers. The Penn State SBDC provides free business assistance to small firms and business start-ups in Centre and Mifflin counties, enabling them to compete and grow in today’s highly competitive global economy. For more information, visit online. Penn State SBDC is part of Penn State Outreach, the largest unified outreach organization in American higher education. Penn State Outreach serves more than 5 million people each year, delivering more than 2,000 programs to people in all 67 Pennsylvania counties, all 50 states and 114 countries worldwide.

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Last Updated November 18, 2010