Public Private Partnership : a government service or private business venture that is funded and operated through a partnership of government and one or more private sector companies. Whether in Washington or around the world, many are justifiably weary of the term. We hear it frequently. It is thrown around as a “catch all” term, but has no intrinsic value; it is simply a descriptor. The marker of a public private partnership is attached to all manner of initiatives from the electric grid to highways and job training. PPPs, as they are dubbed in the alphabet soup of Washington,...Continue
“When diplomats get involved, it’s not a good thing.”
That’s what Chris Schroeder, author of Startup Rising: The Entrepreneurial Revolution in the Middle East, had to say about government involvement in entrepreneurship in the region, at an event on Thursday, October 10, 2013, sponsored by 1776, the startup incubator in D.C., and Meridian International Center.