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Headlining the hearings for the week ahead is Fed Chairman Ben Bernanke presenting ‘The Economic Outlook’ to the U.S. Congress Joint Economic Committee (JEC), chaired by Senator Bob Casey (D-PA). Also, SBA Administrator Karen Mills addresses the SBA’s Management of Its Capital Access Programs before the House Committee on Small Business.
Four U.S. Senators yesterday introduced Startup Act 2.0. This Bipartisan legislation, which combines two pieces of legislation that were introduced last year builds upon the original Startup Act and the AGREE Act, highlights four major components to jumpstarting the nation’s economy
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:
If you are reading this, chances are you have seen any number of surveys and indices that rank the U.S. states according to their climate towards small business and entrepreneurs. Unlike other rankings, a new survey from Thumbtack.com has gone straight to the source. Partnering with the Kauffman Foundation, Thumbtack.com conducted a two-month survey of over 6,000 small business owners nationwide on the friendliness of states towards small business and about small business finances in order to measure states and cities along 21 metrics.
Entrepreneurs have an important role to play in reconstruction efforts in conflict and post-conflict zones to create sustainable economic growth and stability. But first they need a level playing field—or at least something close to level—and in far too many cases the international aid community is focused on microenterprise at the exclusion of potential high-growth, high-impact entrepreneurs.
Despite more research and data from the World Bank and OECD, while plenty of attention has been given to “SMEs” in the past, multinational government gatherings have largely ignored the importance of stimulating new high-impact startups as a prime global economic growth strategy. This needs to change.
While members of the House are back in their home districts for a two-week recess, the Senate has several committee hearings and events that may be of interest to entrepreneurs and followers of the startup ecosystem. The economic dialogue between U.S. and China gets a look from the Senate Committee on Banking, Housing & Urban Affairs while others focus on less government IT spending, the government’s role in energy innovation and innovations in health care delivery.
An increasing number of developing economies are turning to new firm formation in their efforts to reduce poverty and generate sustainable wealth. A new partnership between Startup Weekend and global humanitarian agency Mercy Corps will add to those efforts, expanding the access and impact of a proven model for business generation.
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