A recent Youth Business Summit held at the Durban Exhibition Centre in KwaZulu-Natal (KZN) provided an opportunity for young entrepreneurs to engage with the government and showcase their businesses [2b913320]. The event was attended by approximately 1,000 young people who had the chance to share their experiences and discuss the challenges they face in business. Sinegugu Hadebe, a young entrepreneur, shared her journey of starting a farming small business and the obstacles she encountered along the way. The Premier of KZN, Thami Ntuli, emphasized the importance of addressing these challenges and improving the ease of doing business for small businesses in the province. He called on young people to participate in the review of the youth economic development strategy, highlighting the need to remove hurdles and create an environment conducive to youth entrepreneurship [2b913320].
The Youth Business Summit in KwaZulu-Natal demonstrates the commitment of the government to empower young people and stimulate economic development. By providing a platform for young entrepreneurs to showcase their businesses and engage with policymakers, the event encourages collaboration and dialogue. The sharing of experiences, such as Sinegugu Hadebe's journey in starting a farming small business, highlights the challenges faced by young entrepreneurs and the need for targeted support and solutions.
Premier Thami Ntuli's call for the review of the youth economic development strategy reflects a proactive approach to addressing the issues faced by young people in business. By involving young people in the review process, the government aims to gain insights and perspectives that will inform policy decisions and initiatives. The emphasis on removing hurdles and improving the ease of doing business demonstrates a commitment to creating an enabling environment for youth entrepreneurship in KZN [2b913320].
The Youth Business Summit in KwaZulu-Natal, along with the efforts of young entrepreneurs like Sinegugu Hadebe, contributes to the overall goal of empowering the youth and driving economic development. By supporting and nurturing the entrepreneurial spirit of young people, KZN is investing in the future of its economy and creating opportunities for growth and prosperity.
In North America, the 2023 Hurun North America Under30s Summit was held in Markham, Canada [a5ff5185]. The summit aims to discover and commend outstanding young people who have achieved remarkable achievements in various fields. Rupert Hoogewerf, Hurun Report Chairman and Chief Researcher, stated that Canada is one of the best places to start a business and remains open to entrepreneurs from other countries. The Hurun America U30 summit 2022 was held in Los Angeles, USA, where the "E-Pal ·Hurun US Under30s 2022" list was released, listing 291 young entrepreneurs in the United States. Rupert Hoogewerf mentioned that the US is a magnet for ambitious young entrepreneurs and the best location for launching and scaling world-beating new companies. The North American economy is leading the recovery in the post-epidemic era, and the consumption power has continued to increase. The Hurun Under30s series aims to inspire and recognize young entrepreneurial leaders from around the world.