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In the second quarter of 2009, VC investment in cleantech companies reached $572 million, an increase of 73% in terms of capital, with 48 financing rounds, a 100% increase in number of transactions compared to the first quarter of this year, according to an Ernst...
In this era of sophisticated public policy around enabling high-growth entrepreneurship, governments should be mindful to not forget the basics. A survey conducted last November in Honduras found that gang violence was forcing the closure of 1600 companies across the country. This is a good reminder that supporting startups to scale up in this part of the world must include deep institutional reforms to strengthen the rule of law and the judicial system.
Gene Dodaro, Acting Comptroller General of the U.S. Government Accountability Office (GAO), was asked last Monday for a study on the Trade Promotion Coordinating Committee’s (TPCC) progress in implementing an effective government-wide strategy to promote exporting for small businesses. The request came from Senate Committee...
The SBA Office of Advocacy is receiving research proposals on the status of small businesses, which may provide policymaking insight or serve as a foundation for further research. Areas of continuing interest include:- The Tax Gap and Small Business- Credit Markets for Small Businesses in...
If you have ever been around somebody trying to start or grow abusiness, you know that entrepreneurs don’t have time for much else,especially not for going to Washington to help keep policymakers up todate on how to encourage high growth entrepreneurship in America—nothurt it. When...
On Friday, July 31, President Obama signed into law “The Small Business Act and the Small Business Investment Act Temporary Extension” (S. 1513), which temporarily reauthorizes the Small Business Innovation (SBIR) and Small Business Technology Transfer (STTR) programs until September 30, 2009. This new two...
America needs all the talent it can get at home to spur job creation and economic growth. Recently, we have given a lot of attention to the untapped potential of immigrant entrepreneurs. Today, I take a look at other data and ask what we can do to enable more women in America to achieve their full potential as entrepreneurs.
December is here already, but some policymakers in the U.S. are not ready to end the year with entrepreneurship-enabling legislation on the back burner. Taking an “across-all-industries” approach, the Start-up Jobs and Innovation Act introduced last month in the Senate aims to stimulate investment in research-intensive startups.
February promises to be a busy month in Washington for entrepreneurship policy. Next Tuesday February 8th will see Kauffman’s annual State of Entrepreneurship Address delivered by Carl Schramm followed by Capitol Hill briefings and a host of interesting activity on job creation. Today, I post from an event at the White House where President Obama has just announced a “StartUP America Partnership,” a new initiative aimed at fostering successful innovative, high growth businesses in the U.S. It marks a commitment of the current administration to a national entrepreneurship-based strategy to stimulate economic growth and the creation of quality jobs.
It has been two years this week since the Kauffman Foundation took extensive research and data analysis around new firm formation, crafted a single document, and labeled it “The Startup Act.” Renaming the conversation that PDE had started earlier around how policymakers can make it easier for startups to emerge, create jobs and grow, was very effective in getting policymakers in Washington to take a look at entrepreneurship through the lens of helping new and young firms. But how far has America come in getting something done on their behalf?
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