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Century Link TEDxMexicoCity The Millennial Challenge | World Economic Forum - The Millennial Challenge Citing a “mismatch” between high youth unemployment across the globe and the dearth of qualified workers for many companies, corporate and civil society leaders at the World Economic Forum Annual Meeting 2014 called for a collaborative approach to seize the opportunity inherent in the problem. In the presence of members of the Forum’s Global Shapers community – a worldwide network of socially engaged young people – leaders urged further incubation of creative ideas to train and invest in the 50% of the global population under the age of 27. The potential upside of better incorporating youth into the economy is enormous, said Robert Greenhill, Managing Director, World Economic Forum. For every percentage point increase in youth unemployment, US$ 72 billion is added to global consumption. “We’re trying to bring more entrepreneurs to the table,” said Maria Fanjul, Chief Executive Officer, entradas.com, Spain, and a Global Shaper, “to encourage young people to be owners of their lives”.
$700 million renewal of Ohio Third Frontier heads for May ballot - MedCity NewsMedCity News COLUMBUS, Ohio — A $700 million renewal of Ohio Third Frontier — the 10-year, $1.6 billion project to re-energize Ohio’s economy by investing in emerging technologies — is on its way to the May 4 ballot, thanks to bipartisan support of a compromise resolution by state Senate and House members on Wednesday. Gov. Ted Strickland “is pleased to see that all sides have come together to reach a bipartisan agreement to renew the Third Frontier,” spokeswoman Amanda Wurst said. “This bipartisan agreement is the strongest validation of the successful economic development program that has already created tens of thousands of jobs. This is a significant investment in Ohio’s economy and cornerstone of Ohio’s economic growth strategy.” The Ohio Senate voted 30-2 to ask voters to extend Third Frontier — slated to end in fiscal 2012 — for four more years with a bond issue of $700 million, said Senate spokeswoman Maggie Ostrowski. “I applaud Gov. Created in 2002 by Gov.
Everything you need to know about building a startup in China China’s booming mobile market is creating lucrative new business opportunities for startups, according to Australian entrepreneur and Koombah cofounder Jason Lim, who recently returned from China. However, mobile is different in China because they have a generation of people who skipped the laptop phase and moved directly to smartphones, says Lim. “China has the [world’s] largest number of mobile internet users with 500 million,” he says. Lim told StartupSmart the mobile boom is leading to big startup opportunities mobile gaming, social media, online video and mobile commerce. “China is set to surpass the US mobile gaming market next year and is on track to hit $US3 billion ($A3.23b) in revenue this year,” he says. “China has a higher penetration rate of social media than the US. The stats are staggering and not only limited to mobile. “Mobile commerce is expected to double in size to $51.62 billion next year. Lim explains Beijing remains the major city for China’s tech startup community.