Mr. CLEAVER. Mr. Speaker, I rise in support of Global Entrepreneurship Week, a celebration of the innovators and job creators who launch new companies. These innovators bring forth new ideas, drive economic growth and expand human welfare. This year, I am pleased to announce that Global Entrepreneurship Week, supported by the Ewing Marion Kauffman Foundation in my district, will be celebrated in 123 different countries, directly engaging more than seven million participants.
During this week each November, Global Entrepreneurship Week inspires Americans from all walks of life through local, national and global activities designed to help them explore their potential as self-starters and imaginative innovators. These activities, from large-scale competitions to intimate networking gatherings, connect participants to potential collaborators, mentors and even investors--introducing them to new possibilities and exciting opportunities.
But G.E.W. is more than just an awareness campaign supported by world leaders and celebrity entrepreneurs. It is a rallying cry, calling us to unleash ideas and bring them to life--recognizing opportunities, taking risks, solving problems, being creative, building connections and learning from both failure and success. It is about challenging young people to think big and to make an impact on the world.
Entrepreneurs do three things--they advance innovation, build wealth for society, and create jobs. In fact, research from the Kauffman Foundation shows that almost all net new jobs in the United States over the past 25 years have come from firms less than five years old. It's not surprising that policymakers are looking to reinvigorate their economies by focusing on ways to stimulate new firm formation.
I invite my colleagues to take part in Global Entrepreneurship Week in your community. Support the innovators and engage the entrepreneurs that are a driving economic force in each of our districts. Together, we can encourage and empower aspiring and existing entrepreneurs to unleash their ideas and create the startups of the future that will change our country forever.