World Entrepreneurship Forum 2014: Entrepreneurship 3.0 Unlimited Opportunities
The World Entrepreneurship Forum 2014, which took place in Lyon from 19th – 22nd October was focused around the theme of Entrepreneurship 3.0: Unlimited Opportunities. As we head towards a third industrial revolution based on renewable energy and hyper-connectivity, today’s entrepreneurs have the opportunity to set new rules in order to drive positive change.
Students of the Global Entrepreneurship Program had the unique opportunity to take part in all forum sessions, as well as network with leading social entrepreneurs in order to cement their learnings and develop their professional network.
Highlights from the World Entrepreneurship Forum 2014
Highlights of this year’s World Entrepreneurship Forum included a talk given by Arnaud Mourat of Ashoka Europe, Aishwarya Mahajan from Aide & Action International, India and Dylan Wilk from HumanNature UK on social entrepreneurship. They discussed the future of entrepreneurship at the Base of the Pyramid, which includes the 4 billion people living in emerging economies as well as the millions of low-income citizens in developing countries. This was particularly relevant for Entrepreneurship Program students who study Social Entrepreneurship as part of their semester at EMLYON Business School.
On the second day of the conference, the World Entrepreneurship Forum hosted its first ever live crowdfunding event “Crowd’s Den.” 5 different world-wide start-up companies from Singapore, Barbados, Turkey, Poland and France pitched to 6 Business Angels and Investors, as well as to the crowd and the general public. The jury and the public were then able to vote and even invest online during the event.
Dan Evans, organizer of the first World Entrepreneurship Crowd’s Den and EMLYON Professor said “With this new event, we want to convey a message about educating for entrepreneurship. This message is that anyone can become an entrepreneur and convince an investor. With crowdfunding, we can all decide to have shares in an entrepreneurial project.” Spas Balinov from the French company NovaNano was the final winner, having convinced the jury with his highly ambitious and innovative project specializing in space activities for nanosatellites and satellites in orbit.
The forum culminated in an Award Ceremony Gala Dinner which shared the inspirational stories of four successful and impactful entrepreneurs, including Rapelang Rabana from Botswana whose start-up offers innovative mobile e-learning solutions throughout Africa, and Micky Jagtiani, considered one of the top 100 most influent Indian company bosses.
Global Entrepreneurship Program students attend World Entrepreneurship Forum 2014
Entrepreneurship program students had the chance to network with leading entrepreneurs during the Gala Dinner. Nathan Murphy, current student representative shares what he took from the forum:
“The WEFO was relevant for the GEP program, and the individual members specifically, for two main reasons. The first and most obvious is being able to speak with and relate to many successful entrepreneurs in the fields which we are currently engaged or planning to engage in. The second major development, intangible yet just as important, is the development of our thought processes and perspectives on how we view entrepreneurship and our chosen fields.”