Enterprises urged to share skills, capital with young innovators

June 9, 2015
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The President was speaking Tuesday at Strathmore Business School where he launched the Kenyan Chapter of the Global Entrepreneurship Summit ahead of the July event which he will co-chair with US President Barack Obama/PSCU
The President was speaking Tuesday at Strathmore Business School where he launched the Kenyan Chapter of the Global Entrepreneurship Summit ahead of the July event which he will co-chair with US President Barack Obama/PSCU
NAIROBI, Kenya, Jun 9 – President Uhuru Kenyatta has urged established enterprises in the country to share their accumulated experience, skills and capital with younger innovators.

He said the move would ensure larger markets, greater productivity, and the building and strengthening of Kenyan and African institutions.

“Indeed, the benefits are so obvious that I wonder why we have not already done this on a substantial scale,” President Kenyatta said.

The President was speaking Tuesday at Strathmore Business School where he launched the Kenyan Chapter of the Global Entrepreneurship Summit ahead of the July event which he will co-chair with US President Barack Obama.

Noting that entrepreneurship is a universal global language in which everyone, everywhere can work successfully, President Kenyatta said what needs to done is to live that creed.

“We know that innovators and entrepreneurs can formulate and implement brilliant ideas in Bangalore as well as in Nairobi, in Dublin as well as in Dakar,” the President said.

President Kenyatta pointed out that a mark of that globalisation is President Obama’s visit to the summit next month.

He said time is ripe for openness in Kenya to make it easier for men and women from different land, of different religions and different languages to come and work with Kenyans.

The President emphasized that although openness comes with risks – because not everyone in the world wishes Kenya well and there are enemies dedicated to dividing and destroying the country – there is no going back.

He pointed out that tolerance pays, because the ideas and practices that change the world are born in the commerce and interchange of different peoples.

“That is why Kenya leads the East African integration agenda; that is why we are dedicated to maintaining our old international partnership, while forging new ones; and that is why we remain an outward-facing economy,” the President said.

The President said the future belongs to the tolerant and to those willing to engage across lines of race, religion, tribe and class, adding that was why he welcomed the Entrepreneurship Summit back to Africa where it was inaugurated.

He observed that in its rounds about the globe, the Summit has grown and enhanced its capacity to influence greater positive outcomes and touch more lives.

“The honour of hosting this year’s Summit is an immense credit to Kenya. It is a deserved recognition of our endeavours to foster entrepreneurship for socioeconomic transformation and the empowerment of our people,” the Head of State said.

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