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Saudi Spirit Serious About Startups
The Saudi Arabian Monetary Agency (SAMA) recently released data indicating that domestic credit to the private sector in Saudi Arabia recorded one of their highest growth rates since the global fiscal crisis. That the Gulf Kingdom’s twelve (12) commercial banks are easing credit curbs is good news for entrepreneurship promoters in the country and leaders in the Kingdom seem ready to provide the fuel to ignite a new wave of startups.
Is There a ‘Magic Sauce’ for High-Growth Entrepreneurship?
If the best indicator of a country's growth is the number of new firms started every year, as Kauffman Foundation research indicates, how do we get more companies to start and grow? What's the magic sauce?
Angel Investing Stabilizes, Returns to Seed & Startup Stages
Following turbulent times in 2008 and 2009, the angel investor market has shown signs of stabilization, according to a new study by the Center for Venture Research at the University of New Hampshire. While the total number of active investors during the first two quarters of 2011—124,900—remains virtually unchanged from the same period last year, other numbers are showing a slight increase.
USCIS Announces ‘Entrepreneurs in Residence’
Acknowledging that something must be done to address the issue of immigration when it relates to high-skilled workers and job creators, the U.S. Citizenship and Immigration Services (USCIS) recently announced it was turning to Silicon Valley and other experts.
Startup Act Discussed on Senate Floor
U.S. Senator Jerry Moran took to the floor of the U.S. Senate last week, vowing to introduce new legislation that would create an environment for new firms to start, grow and create jobs.
This Week in Entrepreneurship Policy
The House of Representatives is in recess this week while most members have returned to their home districts as they continue to communicate with their constituents about jobs and the economy.
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.