District of Columbia
May 12, 2010
The following is an excerpt from President Barack Obama’s speech on the opening day of the Presidential Summit on Entrepreneurship:
Now, I know some have asked — given all the security and political and social challenges we face, why a summit on entrepreneurship? The answer is simple.
Entrepreneurship — because you told us that this was an area where we can learn from each other; where America can share our experience as a society that empowers the inventor and the innovator; where men and women can take a chance on a dream — taking an idea that starts around a kitchen table or in a garage, and turning it into a new business and even new industries that can change the world.
Entrepreneurship — because throughout history, the market has been the most powerful force the world has ever known for creating opportunity and lifting people out of poverty.
Entrepreneurship — because it’s in our mutual economic interest. Trade between the United States and Muslim-majority countries has grown. But all this trade, combined, is still only about the same as our trade with one country — Mexico. So there’s so much more we can do together, in partnership, to foster opportunity and prosperity in all our countries.
And social entrepreneurship — because, as I learned as a community organizer in Chicago, real change comes from the bottom up, from the grassroots, starting with the dreams and passions of single individuals serving their communities.
[Read a full transcript of President Obama’s remarks]
If you were his speech-writer, what points would you have included?