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Confidence is on the rise among small business owners. A new survey from Citibank shows a sizable jump in the number of those who said their own business is better than it was a year ago—from 24 percent in August 2010 to 43 percent in June 2011. The sentiment seems consistent with others targeted toward entrepreneurs—including the Startup Confidence Index from the Kauffman Foundation.
A few weeks ago, we told you about the Senate version of Startup Act 2.0—sponsored by a bipartisan group of four U.S. Senators. Not to be outdone, the House introduced identical legislation last week thanks to Congressman Michael Grimm (R-N.Y.) and Loretta Sanchez (D-Calif.) along with a group of cosponsors—Kevin Yoder (R-Kan.), Jared Polis (D-Colo.), Devin Nunes (R-Calif.), Russ Carnahan (D-Mo.) and Robert Dold (R-Ill.).
The House of Representatives is in a week-long recess and will return to action next Monday. In the meantime, a handful of Senate committees have hearings scheduled that may be of interest to entrepreneurs and those who support them—including a look at competitiveness and collaboration between the U.S. and China on clean energy.
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:
Through its new ‘Innovation Fund America’ project, the Kauffman Foundation is betting that community colleges throughout the country can mentor and fund new high-growth startups—driving regional economic growth.
Faced with another disappointing jobs report—the unemployment rate rose to 8.2 percent in May—the Obama Administration is looking to a new multi-agency competition to develop regional clusters and create jobs while strengthening advanced manufacturing.
Entrepreneurs in Atlanta and Miami are an optimistic bunch—even in the face of uncertain economic times. A new survey released today by Dell and Intel reveals a bright local outlook for startups and small businesses in the two southern cities—showing a favorable view of the local economy and local organizations supporting businesses as well as healthy expectations for growth.
The Ewing Marion Kauffman Foundation will award up to 15 Dissertation Fellowship grants of $20,000 each to Ph.D., D.B.A. or other doctoral students for the support of dissertations in the area of entrepreneurship. The program is open to students at U.S.-accredited institutions who are in the process of formulating their dissertation proposals as well as doctoral candidates with recently approved dissertation proposals. It is expected that applicants will complete their dissertation during the 2013-2014 academic year.
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.
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