As a continuation of our commitment to entrepreneurship, innovation and technology, Yahoo! today announced that it is joining with the ImagineNations Group to promote the ImagineNations Network, a platform of global and local portals that engages and connects young entrepreneurs to each other and to mentors, supporters, financing sources and markets in order to spur the development and growth of youth-led businesses.

The announcement was made today onstage at the Clinton Global Initiative annual meeting in New YorkPresident Clinton recognized Jerry Yang, co-founder of Yahoo!, along with Alan H. Fleischmann, managing director and co-founder, ImagineNations, during the general plenary session this morning.

ImagineNations Network is a global technology platform with a focus on emerging markets that enables young entrepreneurs to connect at the local and global level to peers, mentors and resources to help them build businesses and livelihoods around the world.

Yahoo! will be using the power of its global reach to promote the ImagineNations Network through targeted media on its advertising platform.  With more than 600 million unique visitors per month and a platform that reaches half of the world’s online population, Yahoo! will use the power of its science, art and scale to help promote ImagineNations Network’s efforts in various regions across the globe.

ImagineNations Network has already gathered the commitment of several thousand mentors from across the world and Yahoo!’s advertising efforts will help match them with local entrepreneurs.

The announcement today follows on from the Social Innovation Starts with You! initiative that we announced earlier this year with Egyptian nonprofit, Nahdet El Mahrousa (NM). It also follows Jerry Yang’s keynote speech at the White House’s Presidential Summit on Entrepreneurship.