Entrepreneurship congress leaves legacy in Liverpool

The main summit day of Europe’s first Global Entrepreneurship Congress (GEC), held at ACC Liverpool this month, generated more than £500,000 for the city’s economy, according to initial economic impact figures from the city.

Around 3,000 international delegates from 125 countries attended the summit at the waterfront venue, home to BT Convention Centre and Echo Arena. Speakers include Virgin tycoon Sir Richard Branson, former Deputy Prime Minister Lord Michael Heseltine, dotcom pioneer Martha Lane Fox and Sir Terry Leahy, former TescoCEO.

Award-winning Liverpool comedian John Bishop quizzed Ian Ayre, Managing Director of Liverpool Football Club, as part of the main day’s event on 13 March.

Bob Prattey, Chief Executive of ACC Liverpool, said: “We were delighted to host the main event which alone generated a significant economic impact for the city through accommodation bookings and delegates’ spend.”

Findings from an online survey included:

  • 80% of delegates said they left the GEC feeling inspired
  • 79% thought Liverpool was an entrepreneurial city
  • 60% of delegates attended at least one fringe event
  • 34% of delegates said they knew very little about Liverpool before attending the GEC.

Max Steinberg, Chief Executive of Liverpool Vision, who with the Kauffman Foundation hosted GEC, said: “Liverpool’s GEC proved to be the largest event of its kind ever to be held anywhere in the world and it has been a resounding success. We have created a real legacy for the city while raising the bar for future GEC host cities.

“While 3,000 people attended the main summit, thousands more attended the Festival events and this provides a real impetus for our intention to host an annual Festival of Entrepreneurship.”

The GEC was part of a wider week-long Festival of Entrepreneurship that featured 80 events across the city.

Photo: Ant Clausen

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Paul Colston

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Paul Colston

Managing Editor, Conference News & Conference & Meetings World.

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