Young Entrepreneurs and Leaders Congress

Ambassador Dogu with Young Entrepreneurs and Leaders Congress

Remarks by U.S. Ambassador to Nicaragua, Laura F. Dogu
Managua, November 16, 2015

Good afternoon entrepreneurs, friends and honored invitees.

It is my pleasure to be here today at this important event. It is always invigorating to be surrounded by young people full of enthusiasm, creativity, and positive energy. I have been looking forward to this opportunity to get to know more about the experiences that these young Nicaraguans have lived as entrepreneurs. They are the true stars of this event and I know that we are all eager to hear what they have to tell us.

Before giving the floor to our panel of experts, I want to congratulate INDE for supporting these young entrepreneurs for almost 25 years. Through the Young Nicaraguan Entrepreneurs Program, INDE provides young business owners with the tools that they need to be successful in the competitive world of business. The economic future of Nicaragua is much more promising due to the work that you all are doing. Thank you.

The United States is proud to support entrepreneurship in Nicaragua and around the world. In the past 5 years, we have worked with Nicaraguans to train 2,500 young leaders in the business community and in civil society. Many of them currently occupy leadership positions in their respective organizations.

We are also working with Nicaraguans dedicated to improving education in their country. At the same time, we have also invested around 30 million dollars in programs directed at elementary, high school, and higher education.

The United States supports entrepreneurial organizations and business networks, providing financing, training, and technical assistance. We are pleased to be part of alliances with young entrepreneurial organizations in Nicaragua and we will continue supporting the work that these groups do.

More than half of Nicaragua’s population is younger than 25 years old. This fact, while important, also constitutes a real challenge. It is important due to all of the energy and creativity that this generation of Nicaraguans can contribute to solve the problems that currently exist. But, it is also a challenge because Nicaragua will need to determine how we can incorporate these youths into the economic life of the country.

These young entrepreneurs that are with us here today are part of the solution. They are not waiting for someone to offer them a job; in fact, they are creating their own jobs. They are not waiting for someone to show them the place they occupy in the economy; they are making a place for themselves. And as a part of this process, they are creating new jobs and business opportunities for other people.

These young leaders are examples of the highest quality of human capital that Nicaragua has to offer. It is a great pleasure for the United States to support events like this that provide young people with a platform to share their experiences and knowledge. I will listen attentively to all that you have to say today.
These young people are not only the future of this country, but they are also your present. They are those who are taking the lead, starting their own businesses, and contributing to the betterment of Nicaragua’s economy. Thank you for being here today and many thanks to INDE for organizing this important event.

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