U.S. Embassy continues partnership with Go Negosyo into 2017, empowering young entrepreneurs

The U.S. Embassy in the Philippines and the Philippine Center for Entrepreneurship (Go Negosyo) just announced a new round of Youth Entrepreneurship Development Workshops (YEDW) for 2017, as part of ongoing efforts to empower young, aspiring Filipino entrepreneurs by providing tools to develop and build innovative business ideas. These three-day workshops will take place in Luzon and Mindanao, and will include training, networking, and mentorship opportunities with U.S. exchange program alumni and Go Negosyo "angelpreneurs," who are established entrepreneurs and business professors. Launched in 2015, the initial Youth Entrepreneurship Development Workshops took place in Manila, Batangas, Iloilo, and Zamboanga. In 2016, nearly 2,000 YEDW alumni, youth, entrepreneurs, and academics joined two YEDW Mentor Me Innovation Forums, held in Manila and Cebu. The Manila forum featured the "American Innovation Roadshow," a group of U.S. government economic experts and Silicon Valley business leaders who traveled to Southeast Asia to highlight American approaches to entrepreneurship, engage with Asian entrepreneurs, and encourage local and national governments in Asia to develop regulatory environments that foster innovation, attract investors, and create jobs. Many YEDW participants have used what they learned in the workshops to transform their businesses and to participate in other U.S.-funded programs. "The Youth Entrepreneurship Development Workshops were able to connect me with mentors and experts who until now are still helping me," said grand prize winner Rachel de Villa, co-founder and chief of technology of Cropital, a crowdfunding service for Filipino farmers. Following YEDW, de Villa was recognized on Forbes' "30 Under 30 Asia" list of top promising young entrepreneurs, and she was selected to participate in President Obama's 2016 Global Entrepreneurship Summit in Silicon Valley.

Source: Philippine Information Agency