UNIDO and 1millionstartups promote social entrepreneurship for sustainable development

UNIDO and 1millionstartups promote social entrepreneurship for sustainable development

VIENNA, 23 February 2017 - Promoting entrepreneurship and startups in view of achieving the Sustainable Development Goals (SDGs) was the focus of yesterday’s event organized by the worldwide initiative 1millionstartups with the participation of the United Nations Industrial Development Organization (UNIDO). The pre-launching event of the 1millionstartups initiative, which took place at the UNIQA tower in Vienna, brought together more than 30 investors, investment-seekers and supporters from different sectors and organizations.

The 1millionstartups initiative aims at giving a platform to entrepreneurs and startups from across the planet. 1millionstartups will link innovative solutions created by startups to the accomplishment of the SDGs. UNIDO, in line with its mandate of inclusive and sustainable industrial development, strongly supports social entrepreneurship and has a long track record in entrepreneurship and startup development. For example, UNIDO’s programme on enterprise development and investment promotion (EDIP) helps stimulate the emergence of new and the growth of existing enterprises that produce goods and services for trade, provide employment and income for people, and thereby contribute to poverty alleviation and overall economic growth.

During his intervention on behalf of the UNIDO Director General, Bernardo Calzadilla-Sarmiento, Director of the UNIDO Department of Trade, Investment and Innovation, highlighted the linkage between entrepreneurship and the SDGs: “Innovation is very important for people, prosperity and the planet. Although innovation contributes to a number of SDGs, it is anchored in SDG 9: Industry, Innovation and Infrastructure”.

Calzadilla-Sarmiento further highlighted UNIDO’s worldwide networks, such as the worldwide Network of Investment and Technology Promotion Offices (ITPOs), UNIDO’s Subcontracting and Partnership Exchanges (SPXs) network, UNIDO’s Global Cleantech Innovation Programme and the HP LIFE initiative on women and youth, all contributing to entrepreneurship development and growth. In subsequent discussions with Selma Prodanovic, Founder and CEO of 1millionstartups, it was decided to further pursue concrete interactions that would allow the new start-ups to benefit from UNIDO’s longstanding experience and expertise.

For more information, please contact:

Department of Trade, Investment and Innovation (TII)