Secretary Locke Announces Office of Innovation and Entrepreneurship and National Advisory Council on Innovation and Entrepreneurship at Inc. 500/5000 Conference
Secretary Gary Locke, US Department of Commerce
September 24, 2009
Recognizing that new businesses are vital to the economic growth of this country, the Office will focus on removing barriers for entrepreneurs seeking to take ideas and translate them into new products and services. The Office will work with the White House and other federal agencies to find ways to encourage entrepreneurship, including training, access to capital and policy incentives.
The National Advisory Council on Innovation and Entrepreneurship will advise the Secretary and the Administration on key issues relating to innovation and entrepreneurship. It will include successful entrepreneurs, innovators, angel investors, venture capitalists, non-profit leaders, and other experts on these issues. The Council will identify and recommend solutions to issues critical to the creation and development of entrepreneurship ecosystems that will spawn new businesses and jobs. It will also serve as a vehicle for ongoing dialogue with the entrepreneurship community and other stakeholders.
In the News
Secretary Locke speaks about entrepreneurship and its importance to economic growth and job creation.
Watch the interview on CNBC's "Squawkbox".
Read the Bloomberg article.