About 1,200 innovation stakeholders from 50 countries join forces for the first time, solving the most burning challenges of entrepreneurship at the upcoming World Innovations Forum (WI Forum) in Lucerne, Switzerland.

Doubling entrepreneurial success rate by 2035, creating more equality for prosperity is the main objective of the event taking place from June 6 to 8.

“Our mindset is on global prosperity equality,” said Axel Schultze, co-founder and board member of the WIForum.
Conference topics are reported in advance and include: fundraising, mentorship, taxation, legal barriers, lack of ecosystems, lack of entrepreneurial mindset, societal issues and more. The main objective is to define immediate actions, stopping the so-called brain drain, where young entrepreneurs move to other countries, reducing the ability of their country’s innovation development.

Carol Ackermann, a founding member said: “From listening to exploring and making – a truly global initiative with the mutual understanding: 'the more you put in the more you get out.'”

Participating countries are organizing monthly “national start-up competitions. The winners from each country will be invited to Lucerne in 2018 and compete for the world’s best start-up. The organization will help several hundred innovative entrepreneurs to gain global visibility at no cost to the start-ups.

“We don’t want to be an elite club, but make sure the most qualified people join the forum,” said Rene Zeier, co-founder and CEO of the WIForum. Attendance is either by invitation or confirmed application only.

For businesses from any country to equally represent themselves in the WIForum, sponsorship levels are based on gross domestic product per capita (GDP/C). A lead sponsor from Rwanda would pay €750 while the same sponsor level from a French business would be asked to pay €38,000.

Khem Lakai, WIForum ambassador from Nepal said: “Challenges we face in Nepal may be different from Nigeria, France, or Japan and never in our history the world comes together to this scale to share, and solve entrepreneurial problems of today and tomorrow.”

World Innovations Forum was founded by a group of entrepreneurs and investors from multiple countries. – TradeArabia News Service