Entrepreneurial Ecosystem

Friday, November 11, 2011

Dimitris Tsigos participated at the G20 Young Entrepreneur Summit 2011

Dimitris Tsigos, CEO of the Virtual Trip Entrepreneurial Ecosystem and President of YES (European Confederation of Young Entrepreneurs) participated at the G20 Young Entrepreneur Summit 2011 in France.

Mr. Tsigos, as representative of the European Confederation of Young Entrepreneurs was the only Greek young entrepreneur among 400 young entrepreneurs from around the world proposed practical ideas to the G20 Leaders to help address the current economic crisis. Dimitris Tsigos mentioned the young entrepreneurship as a main factor through which Europe could exit the financial crisis, with emphasis on the aspects of innovative technologies and "green" growth.

Moreover, through the voice of their Chair, Grégoire Sentilhes, the G20 YES delegations leaders reminded that entrepreneurship is a critical engine for innovation, growth and employment, in particular for the youth, both in developing and mature countries. The G20 YES has identified more than 200 best practices successfully implemented by governments, associations and by the private sector to remove obstacles entrepreneurs are facing and strengthen the three pillars which are critical for boosting entrepreneurship: fertile “ecosystems”, specific financing vehicles for each stage of development, an entrepreneurial and risk taking culture.

The G20 Young Entrepreneur Summit 2011 took place in Nice from 31 October to 2 November 2011.


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