Fast-growth entrepreneurial ventures are essential for prosperity and social progress. Entrepreneurs create value by seizing opportunities, assuming risks, solving problems and taking action. They take risks in creating and commercialising innovative technologies in ways that larger businesses are unable to. Sometimes these technologies open completely new markets, transforming industries. Tesla is a good example.
Small businesses can be agile early movers in adapting to new trends and responding to crises, such as the COVID-19 pandemic. They can pivot quickly to take advantage of opportunities or when their growth is slowing. Their early years of rapid growth can provide excellent returns to venture capital and the capital markets. Zoom is a good example.
The Flexible Learning Strategies for Out of School Children programme is a UNESCO initiative with the aim of supporting inclusive and quality education for every child in the region. Our goal is to reach the remaining and most vulnerable 5% of children with no access to education in the region and support quality improvements in learning for every child.
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