You can now register your business on US backed GER portal

As has been established, entrepreneurs are the lifeblood of any economy and as cities and countries around the world look to stimulate economic growth, there is a need to simplify the process for entrepreneurs to start and scale their enterprises for optimal success.

To this end, the Global Entrepreneurship Network (GEN), United Nations Conference on Trade Development (UNCTAD) and the U.S State Department have partnered on a system that could help entrepreneurs across the world register their enterprises with ease.

Thus, Nigerian business owners, as well as those in Mali, Uganda, United States of America, Cairo, etc can now register their business on the Global Enterprise Registration (GER) portal.

It will be recalled that the trio had, at the Global Entrepreneurship Summit (GES), held at Stanford University, United States of America, announced the expansion of a public-private partnership that is making it easier for start-ups to register their new businesses all over the world.

The portal, ger.co, according to GEN, focuses on business registration because 1.8 billion workers – 60 per cent of the global workforce – are employed in the informal economy. These individuals do not have access to worker’s protections or bank accounts to grow their businesses, which translates into a huge untapped economic potential.

According to information obtained by Entrepreneurship+, the portal will help businesses by encouraging governments to develop simple online procedures, starting with business registration. “GER.co has links to all business registration websites in the world, and a rating of the user-friendliness of each. A simple green dot rating lets businesses immediately see whether an online process is clear and complete, which saves them time and money,” the statement said.

The signing of the GER.co MOU demonstrates the commitment of the U.S. government, UNCTAD and GEN to promote entrepreneurship globally by making business registration a simple, easy process for even the smallest firms.