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Competition Promotes Entrepreneurship in New Orleans
Marich Mark
5/1/2009
Blog Resource
Summary:

States and localities are recognizing that business plan competitions can help generate local interest in entrepreneurs and entrepreneurship. Idea Village, a New Orleans-based entrepreneurial network, has developed an interesting approach with its 504ward program (the name is a play on the New Orleans’ area code)....

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A Tough Quarter for Venture Capitalists
Marich Mark
5/4/2009
Blog Resource
Summary:

The latest data from the National Venture Capital Association show that venture capitalists have had a tough 2009 so far. Forty VC funds raised only $4.3 billion in the first quarter of 2009, representing one of the slowest quarters in recent years. Even worse news...

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Patent Reform and Our Innovation Economy
Ortmans Jonathan
5/4/2009
Article Resource
Summary:

Momentum for a comprehensive patent reform has been slowly building in Congress. Last week, the House Judiciary Committee began examining a patent bill introduced in March by Judiciary Chairman John Conyers (D-MI) and ranking member Lamar Smith (R-TX). In the Senate, Leahy (D-VT) recently cut a deal to soften damages language in last year’s failed Senate bill. Most are eager to see reform. The rules, protections, and the adjudication process surrounding IP requires constant adjustments to keep up with challenges of the digital revolution. However, as new policy is considered, I hope policy makers contemplate the effects of patent legislation on our future job creators.

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The Week Ahead in Entrepreneurship and Innovation Policy
Marich Mark
5/4/2009
Blog Resource
Summary:

Tuesday, May 5, 2009 House Science & Technology Committee, Subcommittee on Investigations and Oversight – Hearing "Follow the Money Part II: Government and Public Resources for Recovery Act Oversight"2:00p.m. – 4:00p.m. 2318 Rayburn House Office Building (WEBCAST)[more info]Wednesday, May 6, 2009House Small Business Committee -...

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VC Investing in China
Marich Mark
5/4/2009
Blog Resource
Summary:

The flow of venture capital to China is slowing in response to the global downturn. According to a new report from the China Venture Capital Association (CVCA), foreign venture capital (VC) investors are concerned about the short term economic prospects for the Chinese economy. More...

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New Bills to Support Green and Women’s Entrepreneurship
Marich Mark
5/6/2009
Blog Resource
Summary:

The House Small Business Rural Development, Entrepreneurship and Trade Subcommittee approved a series of bills last Thursday (04/30) to authorize and expand several Small Business Administration programs.Some of these new bills have an interesting focus on "green entrepreneurs." For example, a bill sponsored by Rep....

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Policymakers, Mark your Calendars!
Marich Mark
5/6/2009
Blog Resource
Summary:

In these tough economic times, policymakers should certainly look to entrepreneurs to boost recovery, job creation and innovation. Here is an opportunity to gather ideas. The Council for Community and Economic Research (C2ER) will be hosting its 49th Annual Conference titled "Energizing Entrepreneurship: Monitoring Progress,...

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A Plan for Saving Capital Markets
Marich Mark
5/8/2009
Blog Resource
Summary:

The National Venture Capital Association (NVCA) has recently released its recommendations to restore liquidity in the American VC industry and create a vibrant IPO environment once the overall economy stabilizes. The NVCA’s recommendations rest on four pillars: ecosystem partners, enhanced liquidity paths, tax incentives, and...

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Agencies Encouraged to Use Recovery Funds on Innovative Small Businesses
Ortmans Jonathan
5/8/2009
Blog Resource
Summary:

United States Senate Committee on Small Business and Entrepreneurship Chair Mary Landrieu, D-La., wrote on Thursday (05/07/2009) to Secretary of Defense Robert Gates, Secretary of Energy Steven Chu, Secretary of Health and Human Services Kathleen Sebelius and National Science Foundation Director Arden Bement, urging them...

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Have We Oversold the Role of Venture Capital?
Ortmans Jonathan
5/11/2009
Article Resource
Summary:

There has been a lot written in the past few days on how to revive the Venture Capital (VC) industry in the U.S. However, we need to keep the bigger picture in mind and avoid making the mistake of equating new firm creation, job creation and economic recovery to the health of the VC industry. VC investments are only one component of the capital market for new firms. Policymakers’ efforts should focus on the larger entrepreneurial ecosystem, rather than just on the VC industry.

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