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Google CEO: Arab Startups Need VC Funds

Support Freedom! [PersonRank 10]

Wednesday, December 6, 2006
15 years ago2,534 views

"Arab countries are nearing the point where they will join the ranks of the world's most competitive economies, but entrepreneurs still need access to venture capital funds to bankroll their ideas, Google Chief Executive Eric Schmidt said Monday."...

http://www.breitbart.com/news/2006/12/04/D8LQ6EE00.html

A lot can be said for promoting entrepreneurship in this part of the world. The people need a greater hope for the future and constructive jobs, which would take away the lure of joining terrorist groups for many youth.

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