Press Release on the G20 Young Entrepreneurs Alliance leadership assembly, co-organized by YES and Confindustria, under the Auspices of the Cypriot Presidency of the Council of the European Union.

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Brussels, Belgium
Tuesday October 24th 2012
PRESS RELEASE
“YES – European Confederation of Young Entrepenreurs, representing the
Young Entrepreneurs of the European Union, co­presents the G20 Young
Entrepreneurs’ Alliance leadership meetings in Capri, Italy from October
26th to October 29th 2012 under the Auspices of the Cypriot Presidency of
the Council of the European Union”
With the support of Under the auspices of Hosted by
European Young Entrepreneurs Fuel Global Youth
Entrepreneurship as the Only Effective Response to the
Challenges of our Generation
Assembly to drive economic renewal, job creation, innovation and social change
with Europe’s young and emerging entrepreneurs
Brussels, Belgium, European Union (October 24, 2012) – From October 26 to 29, the
Presidency of YES – European Confederation of Young Entrepreneurs will participate in a
YES – EUROPEAN CONFEDERATION OF YOUNG ENTREPRENEURS
www.yes.be | secretariat@yes.be | http://twitter.com/yes_ecye
Rue Vautier, 54, B - 1050 Brussels, Belgium, Tel +32 22803425

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global Assembly of the G20 Young Entrepreneurs’ Alliance (YEA) to bolster economic
renewal, job creation and innovation through youth entrepreneurship. The four-day meeting,
taking place in Capri, Italy, will kick-start the development of a policy framework at the next
G20 Young Entrepreneur Summit scheduled for Russia, in 2013. The Capri meetings of the
G20 YEA are co-presented by Confindustria Young Entrepreneurs and the European
Confederation of Young Entrepreneurs (YES), under the auspices of the Cyprus presidency
of the Council of the EU.
"It is an honor to host the II G20 YEA Leadership Assembly in cooperation with YES and its
President Dimitris Tsigos. The Assembly is organized in conjunction with the 27th edition of
the Capri National Meeting. The latter is entitled "Europe under pressure" and is focused on
the integration of the European production system." said Jacopo Morelli, President of
Confindustria Young Entrepreneurs, the association representing Italy at G20 YEA. “Thanks
to presence of G20 YEA representatives, not only we can leverage key actions identified at
the G20 YEA Summit held in Mexico in June, but we will have an unparalleled opportunity to
discuss about key policy issues and propose suitable corrective measures."
The G20 YEA was created to engage B20 and G20 leaders in the cause of youth
entrepreneurship, share best practices across borders, affect positive policy change and
create a global network of young entrepreneur advocates, while building a collaborative
entrepreneurial environment worldwide. Leading entrepreneurship-focused organizations from
the G20 nations will attend the Assembly— including YES – European Confederation of
Young Entrepreneurs, representing the European Union.
“It is a great honor and pleasure for the Young Entrepreneurs of Europe to actively support
the Capri G20 YES Leadership Assembly, hosted by one of our leading members,
Confindustria Young Entrepreneurs. The whole World is currently looking at Europe for an
effective response to the global financial crisis and we are confident that the Youth of Europe
will stand up, promoting a new entrepreneurial spirit to develop sustainable businesses, to
massively create new, quality jobs, taking advantage of the unparalleled human and symbolic
capital available in Europe”, said Dimitris Tsigos, President of YES – Europan Confederation
of Young Entrepreneurs. “Last but certainly not least, we’d like to thank the Cypriot
Presidency of the Council of the European Union for actively supporting our mission”.
The following key actions were identified as part of the 2012 Mexico City G20 YEA Summit
held this past June and will be addressed at the Assembly and upcoming Summit in Russia:
• Create a continuum of traditional and innovative funding sources with incentives
through all stages of business growth;
• Increase access to simplified information and integrated youth enterprise support with
strong knowledge and skills infrastructure;
• Promote a collaborative environment across private and public sectors, civil society
and academia that enables young entrepreneurs to start, grow, learn and have a
second chance in business, within their countries and internationally;
YES – EUROPEAN CONFEDERATION OF YOUNG ENTREPRENEURS
www.yes.be | secretariat@yes.be | http://twitter.com/yes_ecye
Rue Vautier, 54, B - 1050 Brussels, Belgium, Tel +32 22803425

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• Minimize regulatory and tax barriers for start-up and early-stage businesses to reduce
costs and increase efficiencies, and;
• Foster a stronger youth entrepreneurship culture though promoting and teaching
entrepreneurship and raising awareness.
“I completely agree with the proposals of the G20 YEA,” said Daniel Isenberg, Professor of
Entrepreneurship Practice and Executive Director of the Babson Entrepreneurship Ecosystem
Project (BEEP). “One important thing to keep in mind is to not rely too much on government
by itself but to persuade the various representatives of the private sector, universities, and
other institutions that it is in their interest to take leadership in fostering very ambitious, high
growth entrepreneurship among youth, but also among all age groups. We know that high
aspiration entrepreneurship is one of the most fundamental economic drivers. But
government can also play a strategic role in elevating the priority of entrepreneurship and
convening these stakeholders around this common objective.”
About YES European – Confederation of Young Entrepreneurs
European Confederation of Young Entrepreneurs is the major association of young
entrepreneurs throughout Europe representing 40.000 members and aiming to support and
improve the economic and social performance of young entrepreneurship in Europe, while it
has published the “YES Agenda 2010-2015” outlining the strategic importance of boosting
high-growth and innovative entrepreneurship in Europe. YES is the largest dynamic network
of entrepreneurs in Europe, which constantly expands its activities. Learn more at
www.yes.be.
About the G20 Young Entrepreneurs’ Alliance (G20 YEA): The G20 Young Entrepreneurs’
Alliance is a collective of leading entrepreneurially-minded organizations representing the
G20 countries who seek to promote youth entrepreneurship as a powerful driver of economic
renewal, job creation, innovation and social change. The Alliance was founded as a
movement to engage the G20 leaders in the cause of youth entrepreneurship, share
information across borders, affect positive policy change and create a global network of
young entrepreneur advocates while building a collaborative entrepreneurial environment
worldwide. Find out more at www.g20yea.com.
About the Confindustria Young Entrepreneurs Movement: The Confindustria Young
Entrepreneurs Movement was formed within the framework of Confindustria as a group of
individuals of 18 to 40 years of age. Its aim is to strengthen awareness of the entrepreneur’s
role and to set it apart from conventional organizations set up as business associations. The
group seeks to play the role of “critical conscience” within the Confindustria System, and as
“innovation laboratories” with respect to civil society. It organized the first G8 Young
Entrepreneurs Summit held in Stresa (Italy 2009) and is a founding member of G20 YEA.
Learn more at www.giovanimprenditori.org/.
YES Press Office:
press@yes.be
http://twitter.com/yes_ecye
YES – EUROPEAN CONFEDERATION OF YOUNG ENTREPRENEURS
www.yes.be | secretariat@yes.be | http://twitter.com/yes_ecye
Rue Vautier, 54, B - 1050 Brussels, Belgium, Tel +32 22803425