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April

America COMPETES Up for Reauthorization

Created in 2007 during the Bush Administration and reauthorized in 2010 by President Obama, the America COMPETES Act is up for another reauthorization as major provisions are set to expire in 2013. The original law authorized $33.6 billion in appropriations from 2008 - 2010 for programs and activities in physical sciences and engineering research as well as STEM education and more. The reauthorization in 2010 increased the amount to $45.6 billion.

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Mark Marich
on April 22, 2013
Category:  Capitol Hill  Global 
VC Consolidation Continues, Exits Fall

When we last checked in on the performance of the venture capital industry, the dollars raised in 2012 continued to rise for a second-straight year even though the number of funds dropped. According to the latest numbers from Thomson Reuters and the National Venture Capital Association (NVCA), that trend continued in the first quarter of 2013.

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Mark Marich
on April 15, 2013
Category:  Growth & Poverty 
Best B-schools for Entrepreneurship?

There is a growing realization that entrepreneurs don’t necessarily have to emerge from business schools—some emerge through other academic disciplines like engineering or music, some drop out of school to pursue their startups, and some avoid post-secondary education altogether. But that doesn’t mean that entrepreneurs can’t come from business schools. And if you ask business school students themselves, they would tell you that the Worcester Polytechnic Institute is at the top of the list.

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Mark Marich
on April 15, 2013
Category:  Education 
A Look Back at Innovation Daily

Each day, Innovation Daily checks the pulse of global innovation--courtesy of Innovation America. Here, we take a look at a handful of relevant stories it compiled last week.

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Mark Marich
on April 15, 2013
Category:  Global 
Nairobi: East Africa’s Startup Hub

When I asked Mbwana Alliy last month why he founded the Savannah Fund in Nairobi, he had a simple answer—it is East Africa’s technology hub. As part of PDE’s look at Africa I began last week, we focus today on Kenya.

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Jonathan Ortmans
on April 15, 2013
Category:  Global 
This Week in Entrepreneurship Policy

Last week, President Obama’s FY 2014 budget was released—with a number of proposals that could affect entrepreneurs and small business owners. This week, that budget gets a closer look during a number of committee hearings. Other topics include: comprehensive immigration reform, entitlement reform proposals, tax fraud and identity theft, regulatory burdens on community banks, patent litigation, antitrust laws, health care reform.

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Mark Marich
on April 15, 2013
Category:  Capitol Hill 
MIT Most Highly Regarded University Innovation Ecosystem

Ask an expert which university has the leading university-based technology innovation ecosystem in the world and you are likely to hear them say “MIT.” A ranking of 120 universities that demonstrate a “decisive impact and significant contribution in the field of entrepreneurship and innovation” has pointed to the Massachusetts Institute of Technology as the world leader.

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Mark Marich
on April 08, 2013
Category:  Education  Global 
It’s Time for Startup Africa

Chatter about the promise of Africa is not new. Outside economists have been reminding us about relatively high GDP growth rates; China conspiracy theorists keep us informed about who is buying up the continent’s natural resources; and global aid agencies are constantly rewriting their strategies. What is new is the rise of a new generation of Africans that is actually making things happen.

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Jonathan Ortmans
on April 08, 2013
Category:  Global 
Utah Most ‘Friendly’ State for Small Business

How friendly is your state to small business owners? Apparently very friendly, if you live in Utah or Texas—and not so friendly if you live in California. Utah took the top honors as the friendliest state to small business while Texas had three of the top five cities in the latest survey from Thumbtack.com and the Kauffman Foundation.

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Mark Marich
on April 08, 2013
Category:  General 
This Week in Entrepreneurship Policy

With both houses returning to Washington this week from recess, there are a number of hearings scheduled of interest to those interested in the policies that promote entrepreneurship. President Obama’s FY 2014 budget proposal gets a look in the Senate from the Budget and Finance committees. Other topics include: STEM education, the US position on internet governance, JOBS Act update, small business tax reform, regulatory reform and the state of communications in rural communities.

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Mark Marich
on April 08, 2013
Category:  Capitol Hill 

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