Enterprise Week: History, Facts & Insights

This is an in-depth look at all the must-know facts about Enterprise Week (2024) 🗓️ that no one tells you about. Enterprise Week is observed on November 14th.

Among the information you’ll find below: the history of Enterprise Week, activities to do on and how to observe this holiday, as well as amusing facts you need know about Enterprise Week.

📅 What day is Enterprise Week 2024?

In 2024, Enterprise Week is on Tuesday, November 14th. It is the 2nd Tuesday in November; in 2024, it is Thursday. There are until the next observance. You also can discover all the exciting details and facts about November 14, 2023, that you might not be aware of.

Global Entrepreneurship Week (G.E.W.) is an annual event organized by the Global Entrepreneurship Network (GEN). It takes place from the second Monday of November and lasts for one week, this year being held from November 14 to November 20. The purpose of G.E.W. is to provide a platform for young entrepreneurs to showcase their ideas and innovations to a global network of investors. Since its establishment in 2008, G.E.W. has seen participation from over 10 million individuals representing more than 180 countries. Throughout the week, there will be various events, activities, and competitions catered to young Americans seeking business partners and financial support for their products, services, and concepts. The ultimate aim is to empower these entrepreneurs to make a significant impact on the world.

📜 Enterprise Week History

In 2008, the Ewing Marion Kauffman Foundation introduced Entrepreneurship Week U.S.A., a yearly event aimed at celebrating and promoting young entrepreneurs in the global market. The idea originated from Entrepreneurship Week U.S.A. in 2007, which had gained popularity after crossing the Atlantic. The announcement of the formation in 2007 attracted participants from 37 countries, including figures like Jonathan Ortmans, president of G.E.W., Carl Schramm, former president and CEO of the Kauffman Foundation, and Gordon Brown, former UK prime minister.

During this week-long event, entrepreneurs, investors, and politicians from across the globe come together to interact with innovative individuals and job creators, offering support and guidance in establishing their businesses. G.E.W. provides a platform for participants to learn from the experiences of others who have achieved similar success, whether at the local, national, or international level.

The event encompasses thousands of activities in various formats, ranging from large-scale competitions to intimate seminars, creating a vibrant atmosphere filled with the excitement of endless opportunities. G.E.W. also offers a diverse range of support networks for entrepreneurs, making it an ideal place to connect with potential partners, mentors, or investors.

✅ Enterprise Week Facts

🔖 The American Dream
Approximately 90% of millionaires in the United States initially began their journey as entrepreneurs.

🔖 Follow the leader
Regrettably, the United States lags behind only Canada, ranking sixth globally in terms of company development.

🔖 Working for yourself
The main motivation for Americans to become entrepreneurs is the desire to be in control of their own business.

👍 Why Is Enterprise Week Important

A business owner is a “risk-taker.” Entrepreneurs serve society by creating jobs and hastening the rate of economic development by experimenting with new products and services.

Entrepreneurship is the mechanism that incentivizes our society’s brightest stars to bring their finest ideas to the forefront. Entrepreneurs are continually contributing to the advancement of our planet by keeping the wheels of development spinning.

Entrepreneurship is the heart of innovation because it can immediately respond to people’s genuine needs. For example, when the unemployment rate reaches an all-time low, entrepreneurs can step in and generate jobs for those in need.

🙂 How To Observe Enterprise Week

⚡ Celebrate a local business

⚡ Become an entrepreneur

⚡ Help spread the word
Do you know a local small-business owner who may benefit from an entrepreneurial investment? Why not encourage them to attend G.E.W. events in order to discover investors prepared to take their company to the next level?

📅 When is Enterprise Week?

You can view all 🔗 November holidays, including 🔗 Special Interest and other 🔗 Educational holidays.

We will continue to update this page with new information and interesting facts about Enterprise Week. So be sure to check back soon.