USIBC
The U.S. Chamber of Commerce’s U.S.-India Business Council (USIBC) hosted the inaugural ‘Road to Global Entrepreneurship’ Summit in Washington, D.C. on Sept. 12.

WASHINGTON (Diya TV) — The U.S. Chamber of Commerce’s U.S.-India Business Council (USIBC) hosted the inaugural ‘Road to Global Entrepreneurship’ Summit in Washington, D.C. on Sept. 12.

Bringing together U.S. government officials, Indian government officials and industry leaders from many sectors, the event was deemed as a way to “renew the two countries’ key linkages and advance their mutual interests.”

Among the topics included utilizing innovation and entrepreneurship to accelerate economic growth, create jobs and encourage groundbreaking ideas in order to serve the citizens of both nations.

U.S. Commerce Secretary Wilbur Ross addressed the summit, the first in a series, addressing the importance of the “bilateral ties between the U.S. and India,” adding that the U.S. administration is encouraged by India’s economic reforms.

“The U.S.-India strategic and commercial partnership is unique and complementary in nature,” said Khush Choksy, acting president of the USIBC. “These discussions at the Global Entrepreneurship Summit are timely and necessary because we believe that the next phase of the bilateral relationship will be determined by the necessity to expand job creation, economic growth, and innovation in both countries.”

Alice Wells, Acting Assistant Secretary of State for South and Central Asian Affairs, Ambassador of India to the U.S. Navtej Sarna; Ambassador of Israel to the U.S. Ron Dermer; and Rep. Raja Krishnamoorti (D-Illinois) were also featured speakers/

A panel discussion on public-private sector collaboration included participation from Monique Meche, vice president of global public policy for Amazon, Angela Baker, director of Qualcomm Wireless Reach and Reggie Aggarwal, founder and CEO of Cvent. One focal point of discussion was advancing policy to grow entrepreneurship and the role of women in growing jobs and economies.

“Many women in emerging economies have the ideas and ambitions needed to succeed, but are held back by a lack of access to business skills, education, networks, and capital,” said Baker. “Mobile technology can break down common barriers of skill and access and connect entrepreneurs to information, resources, and consumers. By fostering and investing in programs that use wireless solutions, we are enabling women entrepreneurs to participate in the flourishing mobile economy in India and around the world.”

“As an entrepreneurial company, Cvent recognizes that bringing people together and fostering innovation regardless of borders is a key to success,” said Aggarwal. “We are proud to be part of a summit that will encourage entrepreneurship around the world.”

Formed in 1975, the U.S.-India Business Council is comprised of 350 U.S. and Indian companies, designed at advancing U.S.-India commercial ties.

The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than three million businesses, plus state and local chambers and industry associations. The U.S. Chamber also works closely with 117 American Chambers of Commerce abroad.