Entrepreneurs from Around the World Engage in GIST Technology-Idea (Tech-I) Competition

Deputy Secretary of State Thomas Nides meets with young entrepreneurs from the State Department-sponsored Global Innovation through Science and Technology (GIST) initiative on the sidelines of the Global Entrepreneurship Summit in Dubai, United Arab Emirates, December 12, 2012. [State Department photo/ Public Domain]

About the Author: Jonathan Margolis serves as Acting Deputy Assistant Secretary of State for Science, Space, and Health in the Bureau of Oceans and International Environmental and Scientific Affairs.

Why would 30 young entrepreneurs from Africa, Asia, and the Middle East travel to Dubai for the second annual Global Innovation through Science and Technology (GIST) Initiative Technology Idea (Tech-I) competition? Certainly, the top prize of $25,000 may have had something to do with it, but that was not the only factor. Deputy Secretary of State Thomas Nides said it best in his keynote speech at the third Global Entrepreneurship Summit. He explained, “Our Global Innovation through Science and Technology program, or GIST, runs start-up boot camps and business plan competitions to spark creativity and inspire young entrepreneurs to pursue their dreams.”

GIST is funded by the U.S. Department of State and implemented in partnership with CRDF Global. It has reached over one million youths with tools and resources to spark new businesses. GIST has trained over 2,500 startups… more »