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First Phase of Athlete365 Business Accelerator Programme Is Launched with Support from Alibaba.com

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Alibaba.com and the International Olympic Committee (IOC) have launched the fourth edition of the Athlete365 Business Accelerator programme, aimed at helping athletes transition into entrepreneurship. The program attracted hundreds of applications globally, with 38% from Europe, 20% from Africa, and 17% from North America. Of the applicants, 55% are former Olympians and 46% are active athletes. The initiative includes educational tools, mentoring services, and funding, featuring AI-powered tools for global sourcing and B2B export. The program begins December 3rd with a masterclass by two-time Olympian Tony Parker, followed by online lessons and virtual bootcamps starting December 9th.

Alibaba.com e il Comitato Olimpico Internazionale (CIO) hanno lanciato la quarta edizione del programma Athlete365 Business Accelerator, destinato ad aiutare gli atleti nella transizione verso l'imprenditorialità. Il programma ha ricevuto centinaia di candidature a livello globale, con il 38% proveniente dall'Europa, il 20% dall'Africa e il 17% dall'America del Nord. Tra i candidati, il 55% sono ex olimpionici e il 46% sono atleti attivi. L'iniziativa include strumenti educativi, servizi di mentoring e finanziamenti, offrendo strumenti alimentati da IA per l'approvvigionamento globale e l'export B2B. Il programma inizia il 3 dicembre con una masterclass di Tony Parker, due volte olimpionico, seguita da lezioni online e bootcamp virtuali che iniziano il 9 dicembre.

Alibaba.com y el Comité Olímpico Internacional (COI) han lanzado la cuarta edición del programa Athlete365 Business Accelerator, dirigido a ayudar a los atletas a hacer la transición hacia el emprendimiento. El programa atrajo cientos de solicitudes a nivel mundial, con un 38% de Europa, un 20% de África y un 17% de América del Norte. De los solicitantes, el 55% son exolímpicos y el 46% son atletas activos. La iniciativa incluye herramientas educativas, servicios de mentoría y financiación, incluyendo herramientas impulsadas por IA para la obtención global y la exportación B2B. El programa comienza el 3 de diciembre con una masterclass del dos veces olímpico Tony Parker, seguida de lecciones en línea y bootcamps virtuales que comenzarán el 9 de diciembre.

Alibaba.com과 국제 올림픽 위원회(IOC)는 운동선수들이 창업으로 전환할 수 있도록 돕기 위해 Athlete365 Business Accelerator 프로그램의 네 번째 판을 시작했습니다. 이 프로그램은 전 세계적으로 수백 개의 지원을 받았으며, 그 중 38%는 유럽, 20%는 아프리카, 17%는 북미에서 접수되었습니다. 지원자 중 55%는 전 올림픽 선수이고, 46%는 현역 선수입니다. 이 이니셔티브에는 교육 도구, 멘토링 서비스, 자금 지원이 포함되며, 글로벌 소싱과 B2B 수출을 위한 AI 기반 도구도 제공합니다. 프로그램은 12월 3일에 두 번의 올림픽 금메달리스트인 토니 파커의 마스터 클래스로 시작되며, 12월 9일부터 온라인 수업과 가상 부트캠프가 진행됩니다.

Alibaba.com et le Comité International Olympique (CIO) ont lancé la quatrième édition du programme Athlete365 Business Accelerator, visant à aider les athlètes à faire la transition vers l'entrepreneuriat. Le programme a attiré des centaines de candidatures à l'échelle mondiale, avec 38 % des candidatures provenant d'Europe, 20 % d'Afrique et 17 % d'Amérique du Nord. Parmi les candidats, 55 % sont des anciens olympiens et 46 % sont des athlètes en activité. L'initiative comprend des outils éducatifs, des services de mentorat et des financements, avec des outils basés sur l'IA pour l'approvisionnement mondial et l'exportation B2B. Le programme débute le 3 décembre avec un masterclass animé par Tony Parker, double médaillé olympique, suivi de cours en ligne et de bootcamps virtuels à partir du 9 décembre.

Alibaba.com und das Internationale Olympische Komitee (IOC) haben die vierte Ausgabe des Athlete365 Business Accelerator-Programms gestartet, das darauf abzielt, Athleten beim Übergang zur Unternehmensgründung zu unterstützen. Das Programm zog weltweit Hunderte von Bewerbungen an, wobei 38% aus Europa, 20% aus Afrika und 17% aus Nordamerika stammen. Von den Bewerbern sind 55% ehemalige Olympioniken und 46% aktive Athleten. Die Initiative umfasst Bildungswerkzeuge, Mentoring-Dienste und Finanzierungen und bietet KI-gestützte Werkzeuge für globales Sourcing und B2B-Export. Das Programm beginnt am 3. Dezember mit einem Masterclass von dem zweifachen Olympioniken Tony Parker, gefolgt von Online-Kursen und virtuellen Bootcamps, die am 9. Dezember beginnen.

Positive
  • Partnership with IOC enhances Alibaba's brand presence in the Olympic ecosystem
  • Program expands Alibaba's B2B marketplace reach to new potential entrepreneurs
  • Integration of AI tools showcases Alibaba's technological capabilities
Negative
  • None.

Olympian and successful entrepreneur Tony Parker, as Alibaba.com's global brand ambassador, teaches Masterclass for aspiring entrepreneurs

GENEVA, Dec. 2, 2024 /PRNewswire/ -- The International Olympic Committee (IOC), in collaboration with Alibaba.com, has officially launched the first phase of the fourth edition of the Athlete365 Business Accelerator programme, which aims to empower current and former elite athletes to transfer their skills into successful business ventures. Alibaba.com is the first worldwide Olympic and Paralympic e-Commerce Services partner to support this initiative.

The Athlete365 Business Accelerator is a unique business incubator designed to empower current and former elite athletes from all backgrounds with the skills to build and manage their own businesses. In support of the programme's latest edition, Alibaba.com will provide participating athletes with educational tools, mentoring services and funding.

This year's edition has attracted applications from several hundred athletes from around the world. Just over a third (38%) are from Europe, 20% are from Africa, 17% from North America, 13% from APAC, and 12% from South America. More than half (55%) of these athletes represented their country at the Olympics in the past, whilst 46% are still competing and would like to become an entrepreneur at the same time.

In terms of their entrepreneurial ambitions, 56% of applicants already have a business idea, whilst 17% have made a first prototype of their business solution. More than one in ten (12%) already have a business which generates stable revenues.

The fourth edition of the programme, which will launch in multiple phases, will build participants' knowledge of business-critical areas and the fundamentals of e-commerce and global trade, including global sourcing and business-to-business (B2B) export through digital marketplaces. Participants will also acquire knowledge of Alibaba.com's artificial intelligence (AI) tools, which are transforming how small and medium-sized enterprises (SMEs) source products and connect with suppliers globally. Using the AI tools, buyers can search for products using a combination of videos, images and words and communicate naturally and intuitively with suppliers in their own language. This makes the sourcing process more straightforward and efficient, turning their product vision into a reality.

The programme this year will commence on 3 December with an open-access masterclass by Alibaba.com's global brand ambassador Tony Parker, a two-time Olympian and successful entrepreneur, which will be open to anyone interested in hearing about his journey from a world-class athlete to a successful entrepreneur. This will be followed by a series of online lessons and virtual bootcamps, starting on 9 December, and one-to-one mentoring with experts from Alibaba.com, aimed at equipping athletes with the knowledge of developing an idea and business model as well as e-commerce fundamentals.

Alibaba.com data reveals that nearly two-thirds (63%) of former athletes struggle to find a new career after sports. By participating in the programme, Alibaba.com partners with the IOC to support athletes during and after their sports careers, creating opportunities for them to transition into entrepreneurship and leverage their skills to achieve success beyond the field.

Anne-Sophie Voumard, Managing Director of IOC Television & Marketing Services, added: "Our Worldwide Olympic Partners play a vital role in supporting athletes at every stage of their journey. Through initiatives like the Athlete365 Business Accelerator, we are harnessing the expertise and resources of Partners like Alibaba.com to empower athletes with skills and opportunities that extend beyond their sporting careers. This programme reflects the shared commitment of the IOC and its Partners to help athletes succeed, both on and off the field of play."

Kuo Zhang, President, Alibaba.com, said: "Successful athletes and entrepreneurs share similar characteristics. Both have unrivalled grit and determination, a willingness to succeed, and an appetite to take risks. However, after their sporting successes, athletes often struggle to find their feet with a new career. At Alibaba.com, we want to make a transition into the world of e-commerce and entrepreneurship easy and are proud to participate in the Athlete365 Business Accelerator programme by providing practical tools and guidance on how to take part in global trade."

For more information, see https://olympics.com/athlete365/offers/business-accelerator/become-an-entrepreneur-with-the-athlete365-business-accelerator

Athlete365 is the official community for elite Athletes and Olympians which provides support through relevant advice, tools and services.

About Alibaba.com

Launched in 1999, Alibaba.com is a leading platform for global business-to-business (B2B) e-commerce that serves buyers and suppliers from over 200 countries and regions around the world. It is engaged in services covering various aspects of commerce, including providing businesses with tools that help them reach a global audience for their products and helping buyers discover products, find suppliers and place orders online fast and efficiently. Alibaba.com is part of Alibaba International Digital Commerce Group.

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SOURCE Alibaba.com

FAQ

When does the 2024 Athlete365 Business Accelerator Programme by Alibaba (BABA) start?

The program starts on December 3, 2024, with a masterclass by Tony Parker, followed by online lessons and virtual bootcamps beginning December 9, 2024.

What percentage of applicants in Alibaba's (BABA) Athlete365 program are former Olympians?

55% of the program applicants represented their country at the Olympics in the past.

How many athletes in Alibaba's (BABA) Athlete365 program already have business ideas?

56% of applicants already have a business idea, while 17% have made a first prototype of their business solution.

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