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PAGE Video Series: Venture for America’s Andrew Yang

Jul242015

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InnovationInnovationEntrepreneurshipPresidential Ambassadors for Global Entrepreneurship (PAGE)Presidential Ambassadors for Global Entrepreneurship (PAGE)

Posted at 2:19 PM

Presidential Ambassadors for Global Entrepreneurship (PAGE) member and Venture for America CEO Andrew Yang believes that preparing recent college graduates for the 21st century workforce is crucially important to American business. “I think that’s what people want to preserve and sustain: that spirit of enterprise that’s made this country great for its entire history,” he said.

Throughout his career, Andrew has worked in start-ups and early stage growth companies as a founder or executive for more than twelve years. He was the CEO and President of Manhattan GMAT, a test preparation company that was acquired by the Washington Post/Kaplan in 2009. He has also served as the co-founder of an Internet company and an executive at a health care software start-up.

Because of his innovative approaches to business, Andrew has been recognized by the White House as a Champion of Change, and Fast Company has named him as one of the “100 Most Creative People in Business.”

To provide critical skills training for young people, Andrew founded and is currently the CEO of Venture for America, a fellowship program that places top college graduates in start-ups for two years in emerging U.S. cities to generate job growth and train the next generation of entrepreneurs.

As a PAGE member, Andrew has created a Signature Initiative to help prepare even more young people. Andrew will provide the technical assistance to enable the adoption of a native "Venture for Country" in nations interested in stimulating regional economic growth and the development of entrepreneurs.  Domestically, Andrew will recruit and train 500 aspiring young entrepreneurs in the United States, including 200 women and 100 underrepresented minorities, to work and launch companies in Detroit, Baltimore, New Orleans, Cleveland, St. Louis, Providence, and other U.S. cities.

Watch Andrew talk here about the PAGE program and the importance of supporting young people to become successful entrepreneurs.

About PAGE:

Launched in April 2014, PAGE was created to develop the next generation of entrepreneurs both at home and abroad. The initiative formed as a partnership among celebrated entrepreneurs, the White House, the Department of Commerce, and the U.S. Department of State. In the initiative’s first year, PAGE members utilized their knowledge, ideas, and talent to empower the next generation of entrepreneurs both at home and around the world to promote the program’s mission. As PAGE kicks off its second year, each ambassador has agreed to take the lead on his or her own signature initiative to address the global growing demand for engagement with America’s most respected and celebrated business creators.

 

PAGE Interview - Andrew Yang

Presidential Ambassador for Global Entrepreneurship (PAGE) and Founder/CEO of Venture for America Andrew Yang speaks about his Signature Initiative to provide real-world entrepreneurial experience for recent college graduates.
Download PAGE Video Series: Venture for America's Andrew Yang (73.54 MB)
Read video transcript

Andrew Yang: Venture for America is a nonprofit that recruits and trains top college graduates from around the U.S. who want to learn how to build a business. So they work in an early-stage company with an existing entrepreneur in Detroit, New Orleans, Baltimore, Cleveland, other U.S. cities that could use a boost. They work there for two years to help that business expand and grow and also train themselves as entrepreneurs. The goal is that they'll become a manager or leader at that company or they'll start their own company after the two-year fellowship. What we see is that when they work in these early-stage companies and startups, they really become a different sort of person -- the kind of person that understand how to build a business and then understands those challenges and what it takes to take on the same challenge if they start a company. 2012 fellow, Brian Rudolph , moved to Detroit, works at an e-commerce company there funded by Dan Gilbert , and then while he's there, you know, there aren't great food supplies there and he's gluten-free, so he makes himself a pasta out of chickpeas in his kitchen in Detroit and it's pretty terrible, but he keeps going and does it over and over again and fast forward to today -- his business, Banza, which is a chickpea gluten-free pasta company, has raised a million dollars and employees 15 people. And the pasta's delicious. It's being distributed in hundreds of stores around the country.And that's someone who graduated from college less than three years ago now? So that's what our young people are capable of if you put them in a position to have mentors and support and role models. Well, certainly, it's part of the history of this country where the people that came to the U.S. were doing something very entrepreneurial. Often, they had to build new lives for themselves -- new homes, new businesses. They would migrate West to unspoiled territory and then explore it and settle. I think that that's what really people want to preserve and sustain, which is that spirit of enterprise that's made this country great for its entire history.
 

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Source URL: https://2014-2017.commerce.gov/news/blog/2015/07/page-video-series-venture-americas-andrew-yang

Links:
[1] https://2014-2017.commerce.gov/news/blog/2015/07/page-video-series-venture-americas-andrew-yang
[2] https://2014-2017.commerce.gov/node/1428#comment-form-collapsed
[3] https://2014-2017.commerce.gov/categories/innovation
[4] https://2014-2017.commerce.gov/tags/innovation
[5] https://2014-2017.commerce.gov/tags/entrepreneurship
[6] https://2014-2017.commerce.gov/tags/presidential-ambassadors-global-entrepreneurship-page
[7] http://www.commerce.gov/page
[8] https://www.youtube.com/watch?v=nAmBvg4NOi0
[9] https://2014-2017.commerce.gov/file/page-interview-andrew-yang
[10] https://2014-2017.commerce.gov/file/1011/download?token=gVIrYmAR