GEM BiH 2012 report on state of entrepreneurship promoted in Sarajevo

Promotion of BiH GEM report was held on 25 May 2013 in Sarajevo, organised by Entrepreneurship Development Centre Tuzla. “GEM BIH 2012: Through entrepreneurial education to (self) employment of youth“ is created based on the results of largest worldwide academic project in entrepreneurship field, named Entrepreneurship Monitor – GEM, presenting the most referential methodology for monitoring of the state of entrepreneurship in the World.
In the introductory part, Mr Sorinel Ghetau, Director of Development Cooperation and Humanitarian Aid Department of Oxfam Italia, also addressed the participants, joined by doc.dr. Sanjin Halimovic, minister of Ministry of Development, entrepreneurship and craftsmanship of Federation of BiH, Mike Chambers, team leader of the Swiss project of youth employment (YEP) and ex-director of Prince Charles Fund for entrepreneurship, as well as prof.dr. Bahrija Umihanic, manager oft he GEM team Bosnia i Herzegovina.
This year GEM report is focused on interaction between entrepreneurial education and youth employment in BiH, and self-employment initiative through start-up of the own SMEs.
Main conclusion at the presentation was that youth involvement in entrepreneurship is limited and that they mostly embark upon the entrepreneurial activities out of necessity, due to high rate of unemployment amongst young people in BiH. This, combined with the lack of entrepreneurial education in formal and informal education system, lead to recommendation that the attention of all relevant stakeholders needs to be focused on development of youth entrepreneurship in BiH.
Promotion was attended by around 70 participants, mostly lecturers in entrepreneurship, representatives of governmental, non-governmental and business sector, as well as scientists, professors and students.