 This is the beautiful city of Lausanne and now a few months ago in March We held the seed star summit at a third edition of the seed star summit summit, which is an event where we bring the most amazing and the most Talented tech entrepreneurs from emerging markets and they come here in Switzerland They spend a week here with us a boot camp They talk to investors they pitch in front of a large crowd and they are most importantly meet with each other And it's funny because I remember the first edition of the seed star summit three years ago And I was talking with one of these entrepreneur and when he arrived in Switzerland. He was amazed by one thing he was the the space they had in between people in between cars here in Switzerland and For me it was crazy at that time I was like what do you mean the space and then I got to realize you know another reality Which is this one? This is Lagos, Nigeria 20 million people and from that point on I Understand or I understood the vision of seed stars At seed stars we have one mission and one only it's to impact people's lives in Emerging markets and we believe in two things to do that entrepreneurship and technology To achieve that goal. We've built different companies different tools We can come back to that later if you want but basically what we do is we build co-working spaces we invest in startups We have an academy where we teach young entrepreneurs how to build startups We have an acceleration program and we do all this Just to focus on our goal and just to achieve our goal on how to impact People's lives because we believe and we know that the entrepreneurs if we give them the best ecosystem to thrive They will be able to impact people's lives So what does it mean to impact people's lives? There's many different way of seeing that one way would be to look at The GDP per capita for example, and if we look at the the next slide Or the one after thank you You can see that huge difference, you know between let's say emerging markets North America and Europe and as entrepreneurs ourselves This is an opportunity for us. This is where we can make a difference so maybe let's look at the next slide and a Concrete example of what happened back in 1965 the GDP of South Korea was just two times bigger than Nigeria Just two times few years later. It's 22 times bigger So what happened there? Well a few things of course, but let's focus on the two major Forces at play here. First of all the public sector What did they do? Can we have the next slide? Thanks. So public sector Next one. Thank you First thing they did. I'm sure you all know these brands or at least own one of them They focused on one niche technology electronics and the second thing they did was they started investing In education we can get the next slide for every dollar spent in education You generate 10 and 15 between 10 and 15 in economic growth And that's what they did and if we see the next slide We can clearly see the change that started to happen when these guys started investing in in education And that's one thing, you know, as I said, you know, there's many different things that South Korea did But that's the two major forces that played a major role in in the 22 times that we've talked about earlier Private sector now, that's us. What can we do to help entrepreneurs? Yeah, you can go to the next slide. That's fine Why do we believe that helping entrepreneurs will truly make a difference Over the next decade, we're gonna have 1 billion people joining and entering the job market young people joining and entering looking for a job and we know that 90% of the jobs are created by the private sector and The company that's created the most jobs if we can have the next slide Are between 1 and 5 years old these ones are the SMEs the startups. They're led by the entrepreneurs And that's why we believe we can truly make a difference and we can truly achieve our mission of impact Impacting people's lives in emerging market through helping the entrepreneurs achieve their goals Now according to a Nesta study 6% of the Companies in the UK were generating 50% of the jobs and 50% of the GDP growth 6% of the companies they called high growth companies who are these companies technology companies of course and At seed stars we focus on these 6% these high growth Companies that's fine. We can go to the next one. It's the next slide Maybe I can give you you know remember when we talk about technology remember that it took us a hundred years To go from 0 to 1 billion consumer and it took us 10 years to go from 0 to 1 billion smartphone users We're just starting to see how technology will affect our lives The only thing we can be sure of it's it's gonna be big and it's gonna go fast the rest. We'll just see Maybe I can give you a quick example of the kind of companies. I'm talking about here if we can go to the next slide The one after cool Okay, hi these guys are basically using technology to give every person on the planet a physical address There's still more than four billion people out there without a physical address and they're gonna use technology to solve that problem The next one is totus power. These guys are using old car battery to power schools in Emerging markets and the way they do it is basically They can get it done for six times cheaper and ten times more powerful than all the different batteries that you can find Now on the market Another one would be M. Copa. I'm sure a lot of you have heard about them It's basically a solar power system that you can install in your house They mainly in Africa for now and you basically pay everything with your with your phone and The last one is indigo drones. These guys are flying around drones in Costa Rica to help farmers with the crop management And of course, you know, these are just a few examples of the kind of companies that I'm talking about these six percent Because it's these guys these kind of companies that will truly make things happen that will truly Change the world as we know it and and truly impact people's lives in their region in their countries And inter cities. Thank you very much