BizWorld Acquires Draper Innovation Index

The Draper Innovation Index Will Help BizWorld Propel Innovation and Entrepreneurship Education Worldwide

Oakland, Calif., March 20, 2024 — BizWorld, a global non-profit organization founded in 1997 by Tim Draper and led by CEO Charlene Vaca, is excited to announce its acquisition of the Draper Innovation Index, a powerful tool for tracking global innovation and entrepreneurship trends. Formerly operated by the Draper Hero Institute, the Draper Innovation Index now joins BizWorld's arsenal of resources aimed at empowering youth with entrepreneurial skills.

With over 850,000 youth served since its inception, BizWorld has long been at the forefront of youth entrepreneurship education. The acquisition of the Draper Innovation Index marks a strategic move to expand BizWorld's reach and deepen its impact on innovation and entrepreneurship policies globally.

Charlene Vaca, CEO of BizWorld, expressed enthusiasm for the acquisition, stating, "We are thrilled to welcome the Draper Innovation Index into the BizWorld family. By integrating this invaluable tool, we aim to not only expand our reach but also deepen our analysis of innovation and entrepreneurship metrics."

Vaca highlighted BizWorld's plans to enhance the Draper Innovation Index by incorporating additional educational and youth entrepreneurship metrics. "Strong entrepreneurship education is the bedrock of a vibrant, innovative business climate," Vaca emphasized. "Through the Draper Innovation Index, we hope to showcase the pivotal role of entrepreneurship education in fostering innovation and driving economic growth."

The acquisition of the Draper Innovation Index aligns with BizWorld's mission to equip youth with the skills and mindset necessary to thrive in an increasingly competitive and dynamic world. By integrating this tool into its offerings, BizWorld aims to inspire the next generation of innovators and changemakers, empowering them to shape a brighter future.

"We believe that every child has the potential to be an entrepreneur and a catalyst for positive change," said Tim Draper, Founder of BizWorld and the Draper Innovation Index. "By comparing countries and states for their innovation and entrepreneurship readiness, we aim to identify areas for improvement and celebrate successes on a global scale. We are excited to amplify the impact of the Draper Innovation Index, reaching new audiences and driving meaningful progress in the realm of innovation and entrepreneurship education."

By harnessing the power of the Draper Innovation Index, BizWorld reaffirms its commitment to nurturing innovation and cultivating a generation of entrepreneurial leaders poised to tackle the challenges of tomorrow.

About BizWorld: is a global non-profit organization based in Oakland, CA, whose mission is to enable youth from all backgrounds to unlock the power of entrepreneurship to create career opportunities, inspire self-reliance, and build confidence that drives economic prosperity globally. Founded over 25 years ago by Silicon Valley venture capitalist Tim Draper, programs teach students real-world 21st-century skills and leadership that encourage them to become responsible leaders and entrepreneurs of tomorrow. More than 850,000 students in more than 100 countries have participated in BizWorld programs.

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