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An Entrepreneurial Silver Lining
Ortmans Jonathan
6/15/2009
Article Resource
Summary:

A new study has confirmed it. A close look at our entrepreneurial history reveals that entrepreneurship is an engine for job creation and economic growth even during difficult economic times. This new study by the Kauffman Foundation suggests that policies that support entrepreneurship also support recovery. It also reveals that job creation from startup companies tends to be less volatile and sensitive to downturns when compared to the overall economy.

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New SBA Program Starts Today
Marich Mark
6/15/2009
Blog Resource
Summary:

Small businesses needing assistance with making payments on existing debts have a new option starting today -- the American Recovery Capital (ARC) program from the Small Business Administration (SBA). This new emergency lending program aims to help businesses that have not missed a payment yet...

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Next Cities Attract Innovative Youth
Marich Mark
6/19/2009
Blog Resource
Summary:

What does it take for a city to attract young professionals? Next Generation Consulting asked just this in compiling its "Next Cities" rankings of the best places to live and work for young professionals (defined as 20-40 year olds). “Simply being the cheapest place to...

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More Recommendations Supporting VC-Backed Firm Access to SBIR-STTR
Marich Mark
6/21/2009
Blog Resource
Summary:

PDE staff were on hand last week for a hearing of the House Committee on Small Business taking yet another look at the reauthorization of the SBIR and STTR programs. Our report of the hearing--Legislative Initiatives to Strengthen and Modernize the SBIR and STTR Programs--follows:This...

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Entrepreneurship Not on G8 Radar
Marich Mark
6/22/2009
Blog Resource
Summary:

PDE staff were on hand last week for a conference to discuss the priorities of the upcoming G8 conference in Italy, including the global economic crisis. Ourreport of the event, hosted by the Centerfor Strategic & International Studies and the Italian Embassy, follows: This...

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How Big a VC Industry does the Economy need?
Ortmans Jonathan
6/22/2009
Article Resource
Summary:

In the midst of much speculation surrounding the upcoming decisions on how to best address the poor performance of venture capital (VC) in the U.S., a new study on VC opportunities and returns offers myth-busting findings. In “Right-Sizing the U.S. Venture Capital Industry,” Kauffman Foundation Senior Fellow Paul Kedrosky draws interesting conclusions on the size the industry needs to be in order to function as an economic force. In particular, he argues that the sector must shrink if VC is to provide competitive returns and secure its own future as a credible asset class.

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Senate Committee Votes to Reauthorize SBIR-STTR
Marich Mark
6/22/2009
Blog Resource
Summary:

In a closed session late last week, the United States Senate Committee on Small Business and Entrepreneurship unanimously passed two bills to reauthorize and improve a number of Small Business Administration (SBA) programs. PDE staff covered a roundtable discussion on these issues earlier in June....

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This Week in Entrepreneurship Policy
Marich Mark
6/22/2009
Blog Resource
Summary:

Below, we highlight some hearings and events on policy areas that intersect with entrepreneurship. Monday, June 22, 2009Senate Committee on Small Business and Entrepreneurship - Field Hearing“Missed Opportunities: The ARRA and the NIH/SBIR exclusion” 1:00 PM ETStella B. Warner Montgomery County Council Office Bldg, 7th...

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Bills to Stimulate Innovation Advance
Marich Mark
6/25/2009
Blog Resource
Summary:

On Wednesday June 24, the House Committee on Science and Technology held a markup on H.R. 2965, the Enhancing Small Business Research and Innovation Act of 2009. This Act reauthorizes and revises the Small Business Innovation Research Program (SBIR) program, which stimulates development of commercial...

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Creating a White House Office of Innovation Policy
Ortmans Jonathan
6/25/2009
Blog Resource
Summary:

The innovation legislation pieces discussed yesterday in the House Committee on Science and Technology corresponded with three sectors of innovation policies—information technology, energy, and services—discussed at a gathering I attended the same day by The Information Technology & Innovation Foundation (ITIF). Stuart Benjamin and Arti...

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