The Global Entrepreneurship Program (GEP) is a U.S. State Department-led effort to promote and spur entrepreneurship by catalyzing and coordinating private sector and U.S. Government programs to support entrepreneurs around the world.
In the spirit of fulfilling the administration’s commitment to leverage America’s entrepreneurial culture, the GEP was launched in April 2010 at the Presidential Summit on Entrepreneurship. It was then reinforced by the positioning of Economic Statecraft at the heart of the U.S. foreign policy agenda, selecting entrepreneurship as an important economic tool, developing economic opportunity and creating jobs in emerging markets.
GEP supports establishing integrated entrepreneurial ecosystem by focusing on seven key areas of entrepreneurial development: identifying, training, connecting and sustaining, guiding to financing, facilitating market access, enabling supportive policy, and celebrating entrepreneurs.
GEP’s partners include both domestic and global NGOs, corporations, foundations, educational institutions and investors. To develop entrepreneurship ecosystems, GEP partner organizations are asked to further their activities, either by expanding current programs to a new country, or deepening existing programs in their current countries of operation.
To fill programmatic gaps in entrepreneurship promotion abroad, GEP works with U.S. Embassies and partners to create new programs. A few illustrative examples include: