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Policy Makers

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Steps to Setting Up an ESOP

If you have decided an employee stock ownership plan (ESOP) is worth investigating, there are several steps to take to implement a plan. This article outlines the process including valuation, funding, finding a lawyer and trustee, and more.

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Small Business Innovation Research Grants

For U.S.-based businesses with fewer than 500 employees, a grant from the Small Business Administration provides the funding to create innovations to meet the demands of the federal government. This multi-phase process is an alternative source of financial support that can spur entrepreneurial growth.

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Sarbanes-Oxley and Public Markets
Botts William V
Article Resource

This finance expert explains the Sarbanes-Oxley (SOX) law and how it impacts public and private companies. This author shows the upside and downside of SOX compliance and asserts private companies aiming to grow (and go public) should take steps to become SOX-compliant early on.

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Revisiting a School of Military Government: How Reanimating a World War II-Era Institution Could Professionalize Military Nation Building
Patterson Rebecca
File Resource

In the last decade, the United States has found itself fully immersed in nation building, despite its alleged distaste for such endeavors. U.S. military forces in particular have been at the center of these efforts, building schools in Iraq, staffing Provincial Reconstruction Teams (PRTs) throughout Afghanistan and training soldiers in Mozambique. U.S. Army platoon leaders hand out micro grants to small business owners and help stand up city councils. Civil servants who once trained for peacetime development work now find themselves mediating tribal disputes in remote mountain provinces. Regardless of the efficacy of such efforts, public statements by both President Obama and Secretary of State Hillary Clinton suggest that nation building and related activities are preferred solutions in the war against terrorism. Yet despite the enormous complexity and ambition of such efforts, there remains a gap in the training and education for nation building.

Preparing Your Company for Exit
Okabe Robert M
Article Resource

Selling your business is similar to raising capital. The difference: you're selling the whole company. Selling your company, like raising money, includes preparing the business plan, financials, cash-flow projections, and demonstration of Sarbanes-Oxley compliance practices.

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New World Orders

This article in "Minnesota Technology" magazine provides stories of several entrepreneurs who pursued global sales strategies when homeland sales were lagging.

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Networking for Minority Entrepreneurs
Watson Joe
Article Resource

Entrepreneurs of color need to break through a culturally induced reluctance to trust to facilitate the relationships that spur business growth, says the founder of a minority search firm.

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Millennium Challenge Corporation

The Millennium Challenge Corporation (MCC) is a United States Government corporation designed to work with some of the poorest countries in the world.

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Mapping Communities One Startup At A Time
Cameron Cushman
Blog Resource

At the Kauffman Foundation, we recently announced a grant to a group that is trying to map and track where startups are around the world. The project--Startup Genome--is working "to build the most complete and accurate database of the world's startup communities, present it in useful, beautiful ways and provide tools and reports that community builders can use to gain insight into what's happening in their community. And make better decisions about how to grow it."

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Managing Up and Down the Generational Ladder
Lawton Jennifer
Article Resource

Entrepreneurs, in particular, are having troubles with today's widespread age-disconnect between managers and employees. The many twentysomethings who are launching companies these days hire workers who are both younger and older than they are, writes the author, a frequent EntreWorld contributor. She maintains that to manage this so-called "generation gap," you'll need to build a common understanding based on your company's values.

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