On April 26 and April 27, the Presidential Summit on Entrepreneurship was hosted at the Ronald Reagan Building in Washington, DC. The summit, which was co-hosted by the US Departments of State and Commerce, brought together more than 275 participants from over 50 countries around the world [1]. The goal of the summit was to deepen ties between business leaders, foundations and entrepreneurs in the US and Muslim communities around the world. With attendance by the US President, various Cabinet Secretaries and other senior US government officials, the summit was meant to highlight the importance of entrepreneurship for fostering economic opportunity and community development. Although microfinance was not addressed in detail at the summit, it was generally acknowledged by the presenters during the summit that microfinance would play a vital role in the promotion and development of entrepreneurship [2].

By Conner Brannen, Research Assistant

Additional Resources:
[1] US Department of State, http://www.state.gov/

[2] US Department of Commerce, http://www.commerce.gov/

Bibliography:
[1] Entrepreneurship: “Presidential Summit on Entrepreneurship,” http://www.entrepreneurship.gov/summit/

[2] The White House: “Press Briefing on the Presidential Summit on Entrepreneurship by Senior Administration Officials,” Office of the Press Secretary, April 23, 2010, http://www.whitehouse.gov/the-press-office/press-briefing-presidential-summit-entrepreneurship-senior-administration-officals

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