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City of Brass

Obama hosts muslim business summit

Everyone knew about President Obama’s nuclear summit a couple of weeks ago – arguably the most important, if characteristically boring, contribution to world peace in the past 30 years. But there was another summit this week that didn’t get anywhere near the same attention – The Presidential Summit on Entrepreneurship, which was a promise to the muslim world during his Cairo speech. From the official page on the Summit at the State Dept site:

During his “A New Beginning” speech in Cairo, President Obama announced that the U.S. will host a Summit on Entrepreneurship to identify how we can deepen ties between business leaders, foundations, and entrepreneurs in the United States and Muslim communities around the world. The Presidential Summit on Entrepreneurship, was held in Washington, DC on April 26-27, follows through on President Obama’s commitment. It represents an opportunity to highlight and support business and social entrepreneurship in Muslim-majority countries (MMCs), including their minority populations, and Muslim communities around the world.


Through this Summit, the United States seeks both to join existing efforts and inspire new efforts to promote entrepreneurship and innovation.

Participants have been invited from around the world to represent their home countries, regions, sectors, and communities at the Summit. They include successful entrepreneurs, investors, academics, and leaders of entrepreneurship networks, non-profits, foundations, and businesses who are invested in promoting business or social entrepreneurship in Muslim communities around the world.

The Summit agenda has been designed to highlight and celebrate the work and talents of many great entrepreneurs from MMCs and Muslim communities around the world. It provides a platform for foreign participants to connect with American stakeholders and develop partnerships that provide innovative solutions and support entrepreneurial ecosystems.


This is also related to Obama’s science outreach program, where he named “science envoys” to travel to muslim countries and help foster research and scientific collaborations, coordinated by the Office of Science and Technology Policy (who also happen to be on twitter, @whitehouseostp).

Here’s the transcript and video of Obama’s remarks at the summit:


Again, this is boring and behind the scenes stuff. But it matters. And will pay off for both our benefit, and the muslim world, together.

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