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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:
As part of our ongoing discussion about the globalization of the startup movement, we look today at one nation’s strategy that appears to be very effective. Present at the recently concluded Global Entrepreneurship Congress in Liverpool were the leaders of Start-Up Chile, an almost two-year old initiative that has rapidly gained traction around the world. However, while it carries a similar name to other national initiatives around the globe, it has a very different approach.
Congress returns from recess with a number of hearings of interest. The House Committee on Small Business takes a look ahead on “The Tax Outlook for Small Businesses” while other committee hearings target the dwindling capacity for bandwidth, advanced manufacturing, renewable energy technology, equity financing and more. Meanwhile on the Senate side, “Perspectives from the Entrepreneurial Ecosystem: Creating Jobs and Growing Businesses through Entrepreneurship” leads the way in the Senate Committee on Small Business and Entrepreneurship.
While entrepreneurs continue to be optimistic about their prospects for the next 12 months, angel investors are now jumping in with both feet. Total investments? Up 12.1 percent. Number of entrepreneurial ventures funded? Up 7.3 percent. Number of active investors? Up 20 percent.
When we last checked in on the confidence level of entrepreneurs, most saw higher profits in their immediate future despite the fact that there was a considerable amount of uncertainty with the overall economic outlook for the next 12 months.
The New York Times reported last October about Romania´s sparkling start-up scene and its pool of technology talent. Microsoft, Intel and Oracle have long seen this and invested here, working close to thousands of tech startups that breathe innovation into their companies.
It’s another quiet week on Capitol Hill as both houses of Congress are back in their home states and districts from April 2 – 15. Check back next week for an updated list of relevant committee hearings.
Thanks to a new partnership, all Startup Weekend participants can help kickstart their businesses with a .CO domain registration at no cost for the first year. The .CO domain name scholarship program will kick off at over 40 Startup Weekend events to be held during the month of April in China, India, Norway, France, Algeria, Albania, Brazil, Chile, Mexico, Czech Republic, Tunisia, the United Kingdom, Belarus, Iceland, Denmark, Canada, Australia, Poland, Turkey, Uganda, Mongolia, the Philippines, and the United States.
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