The Obama administration has launched the first in a series of projects to support entrepreneurs in Muslim communities worldwide. The Global Entrepreneurship Program will provide advice and other help for businesses to succeed.
Partnerships between public and private organizations aim to assist with everything from securing financing to writing a business plan. The first project is being launched in Egypt. A second project in Indonesia is expected to follow soon. Secretary of State Hillary Clinton talked about the programs at a Presidential Summit on Entrepreneurship.
HILLARY CLINTON: "Now these initiatives comprise a first wave of programs to promote global entrepreneurship. But they reflect the Obama administration’s commitment to a new approach to development — one based on investment, not aid. On supporting local leadership and ideas, rather than imposing our own."
