New Partnership Announced by The Center for Entrepreneurship and My Business Magazine

April 10, 2003

Partnership to Provide Entrepreneurs with Enhanced Educational and Networking Opportunities

The Center for Entrepreneurship and My Business Magazine have signed a partnership and cooperation agreement. Under this agreement, My Business Magazine will serve as the general media partner, offering informational support for the Center's educational initiatives and networking events. Additionally, My Business will publish interviews with Western consultants and entrepreneurs participating in the Center's programs. The Center for Entrepreneurship will help establish contacts with leading business management experts, broaden networking opportunities among entrepreneurs, and feature My Business’ logo on promotional materials. The collaboration also includes mutual marketing and PR support, with discussions underway for sponsorship and participation in the national Open Your Own Business! competition. The Young Entrepreneurs Organization (YEO) is one of the Center's closest partners, and with assistance from the Center, the YEO European conference will take place in October 2003, marking a significant event for over 150 YEO members worldwide.

Key Organizations Involved in Expanded Entrepreneurial Support

The Young Entrepreneurs Organization (YEO) has been pivotal in fostering a robust network of over 5,000 young business leaders from 35 countries. The organization's peer-learning model is designed to enhance the entrepreneurial experience by enabling members to share knowledge and strategies directly with one another. This model is now more accessible to entrepreneurs associated with the Center for Entrepreneurship. Moreover, the Foundation for Enterprise Development (FED) has played an essential role in hosting joint programs with the Center, such as The U.S. Russia Entrepreneurs Exchange, which aims to create a thriving ecosystem of mutually beneficial international entrepreneurship. Both organizations are committed to nurturing a culture of innovation and growth within the entrepreneurial community globally, highlighting their importance in this new partnership.