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Issue no. 419
Once again, entrepreneurial activity showed big in the United States. Last year was a tough year for entrepreneurs. We have experienced a deep recession, credit crunch and record unemployment rates. But although the odds were against them, new-business creation during the 2007-2009 recession years increased steadily year to year (e.g. 60,000 more starts per month in 2009 than in 2007) and 2009 became the year business startups reached their highest level in 14 years. The number of startups even exceeded the count during the peak of the 1999-2000 technology boom.
From the Policy Dialogue on Entrepreneurship Blog
Entrepreneurship Recession-Proof, Hits 14-year High
According to the Kauffman Index of Entrepreneurial Activity, a study that measures the percentage of the adult, non-business-owner population that starts a business each month, 2009 has had the highest level of entrepreneurial activity in 14 years, even exceeding the number of startups during the technology boom of 1999-2000. [
New Credit Initiative to Boost Lending to Small Businesses?
The U.S. Treasury Department today unveiled a new credit initiative aimed at increasing lending to small businesses. According to the Wall Street Journal, the initiative is expected to spur $20 billion in lending while being particularly beneficial to small minority-owned firms. [
UVA Creating Jobs Through Student Ventures
While most college students scramble to find summer jobs, a handful of students at the University of Virginia will spend their summer trying to create some. This summer, the Darden Business Incubator will host 18 entrepreneurship ventures as MBA students -- and others in the U.Va. community -- bring early-stage business ventures to life. [
Why Don't Entrepreneurs Run for Office?
Very few of our representatives come from entrepreneurial roots. In fact, almost 80 percent of the current United States Senate has been supported by the government (taxpayers) for their entire working lives. When it comes to creating jobs and growing the economy, who should we be looking to? [
A Look Back at Innovation Daily
Each day, Innovation Daily checks the pulse of global innovation -- courtesy of Innovation America and its founder, Rich Bendis. Here, we take a look at a handful of relevant stories it compiled from the last week. [
This Week in Entrepreneurship Policy
Workforce, antitrust issues and the impact of the Deepwater Horizon oil spill on small businesses are set for Capitol Hill this week. [
Accepting Proposals for 2011 Dissertation Fellowship Program
The Kauffman Foundation is now accepting proposals for the 2011 Kauffman Dissertation Fellowship Program to help launch a cohort of world-class scholars into this exciting field, thus laying a foundation for future scientific advancement. [
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