Question

On which date was the U.S.-VentureWell Global Innovation through Science and Technology (GIST) Memorandum of Understanding (MoU) signed?

• A. 20 December 2024
• B. 25 December 2024
• C. 15 December 2024
• D. 10 December 2024

Answer 1

Answer:

A. 20 December 2024

The U.S. Department of State and Venture Well signed a Memorandum of Understanding (MoU) on December 20, 2024 The U.S Department of State and VentureWell share the common goal of empowering the next generation of science and technology entrepreneurs through the GIST Initiative. The GIST Initiative empowers young innovators by providing networking opportunities, skill building, and mentoring they need to develop start up solutions that address economic and development challenges. The GIST Initiative has benefited science and technology innovators and entrepreneurs in over 130 emerging economies. This MOU builds on the extensive program created by the Bureau of Oceans and International Environmental and Scientific Affairs in 2011, by continuing to build the capacity and resilience of startups and the entrepreneurial ecosystems that support them.