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That was the title of the July 20 event of the New America Foundation, in which the Kauffman Foundation’s Bob Litan laid out some principles to provide a sense of direction in the heavy debate on whether innovative entrepreneurship lies in the hands of government...
Thanks to a new partnership, all Startup Weekend participants can help kickstart their businesses with a .CO domain registration at no cost for the first year. The .CO domain name scholarship program will kick off at over 40 Startup Weekend events to be held during the month of April in China, India, Norway, France, Algeria, Albania, Brazil, Chile, Mexico, Czech Republic, Tunisia, the United Kingdom, Belarus, Iceland, Denmark, Canada, Australia, Poland, Turkey, Uganda, Mongolia, the Philippines, and the United States.
The Kauffman Foundation recently announced a partnership with Lean In, a nonprofit organization founded by Facebook COO Sheryl Sandberg that is committed to offering women encouragement and support to achieve their goals—specifically to help cultivate more balanced teams and more female leaders and entrepreneurs.
A few years back, a report from the Kauffman Foundation shook up the common perception that there were hordes of young tech geeks—all looking to build the next Google or Facebook—driving an entrepreneurial revolution. The Coming Entrepreneurship Boom showed that 55-64 year olds had the highest rate of entrepreneurial activity while 20-34 year olds had the lowest. Last week, a new survey from American Express OPEN shows that the Great Recession didn’t exactly make things any better for Generation Y.
Despite a difficult economic climate, many young Americans are still interested in entrepreneurial pursuits. A Harris Interactive® online poll, conducted on behalf of the Ewing Marion Kauffman Foundation, released in conjunction with the start of Global Entrepreneurship Week, reveals that 40 percent of youth ages eight to 24 would like to start a business at some future point, or already have done so. Additionally, young people are overwhelmingly optimistic about the possibility of owning their own business. Seventy-five percent of the eight- to 12-year-olds, 62 percent of the 13- to 17-year-olds and 62 percent of the 18- to 24-year-olds agree that they can successfully start their own businesses if they work hard.
The latest Kauffman Firm Survey is out and paints a gloomy picture of 2009 as it related to new firms – tighter restrictions on capital, slow sales, and increasing problems with customer payments.
A new report from the Kauffman Foundation reveals that the pace of recovery in hiring and job creation since 2008 is stronger in newer firms – those two years old or younger – than in more established companies. Job Creation, Worker Churning, and Wages at Young Businesses is the seventh report in a series using data from the U.S. Census Bureau’s Business Dynamic Statistics.
The unemployment pressure does not appear to abate. Layoffs continue every day and despite massive government intervention for economic recovery, there is little evidence of anything more than a slow, prolonged recovery. It is time to give a payroll tax holiday for young firms.
Young firms and their ability to raise capital will be the focus of a discussion in Washington next week at the Brookings Institution.
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