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The 'Global' in Global Entrepreneurship Week
In two weeks, Global Entrepreneurship Week kicks off with more than 40,000 events spread out over a seven day period in 123 countries. At competitions like Startup Open for the most promising new startups in 60 countries, to tournaments for cleantech ideas, at stadiums where entrepreneurship will meet music and sports, from heads of state to high school competitions, Global Entrepreneurship Week has become a movement for the next generation of startups and entrepreneurs inspired by the possibility of human endeavor for the benefit of all.
Economics Bloggers Outlook ‘Depressing Surprise’
Using words like “uncertain,” “fragile” and “weak,” 96 percent of top economics bloggers now share a gloomy outlook on the U.S. economy. Only half expect employment growth in the next three years while only 2 percent consider the US economy to be ‘strong and growing’ and two-thirds feel the government is already too involved in the economy.
White House Wants to Accelerate Federal Research
Late last week, Acting Deputy Secretary of Commerce Rebecca Blank and SBA Administrator Karen Mills announced two Presidential Memoranda intended to help businesses expand and create jobs. In addition to a new web portal, BusinessUSA.gov, the administration wants to encourage the creation of entrepreneurial startups by accelerating the movement of research conducted in federal labs into the commercial marketplace.
Early Days of VC Screened at DC-Area Film Festival
Washington DC-area residents get a chance to see a new film that looks to the beginnings of the venture capital industry this coming weekend. ‘Something Ventured: Risk, Reward and the Original Venture Capitalists’ is being shown next Saturday as part of the Alexandria Film Festival in Northern Virginia. The story is told through the voices of legendary investors and visionary entrepreneurs who sped the growth of firms like Intel, Apple, Cisco, Atari, Genentech, Tandem and others.
This Week in Entrepreneurship Policy
A couple of bills intended to make it easier for startups and other companies to raise capital get the spotlight in the House this week. The Rule Committee has scheduled a hearing -- and live webcast – covering the 'Entrepreneur Access to Capital Act' (HR 2930) and 'Access to Capital for Job Creators Act' (HR 2940). Both tweak rules for the Securities and Exchange Commission. HR 2930 would allow new firms to use crowdfunding to accept and pool donations of up to $1 million without having to register with the SEC. HR 2940 would remove the SEC ban that now prevents small companies from advertising to solicit investors.
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.