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According to a recent report on angel investing in the United States, more than 8 in 10 angel investments in the last 12 months were completed in the home state of the investor group and company. The Q1 2013 Halo Report—published by the Angel Resource Institute, Silicon Valley Bank and CB Insights—is based on 207 deals totaling $222 million invested.
High-growth entrepreneurs in Kansas City have a lot going for them—Google Fiber, the Kansas City Startup Village, 1 Million Cups and access to an array of programs and resources from the Kauffman Labs for Enterprise Creation. Still, more can be done to boost the region’s already dynamic startup scene and help young companies thrive.
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?
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.
After two consecutive months of increases (April and May), small business owner confidence dropped in June according to the National Federation of Independent Businesses. The latest Small Business Optimism Index shows a continued see-saw trend that remains mired between the depths of the recession in 2009 and the heights of the economic expansion of 2004-2005.
Federal Reserve Chairman Ben Bernanke makes a couple of appearances on Capitol Hill this week as he outlines monetary policy and the state of the U.S. economy. Meanwhile, the House Small Business Committee examines how the IRS selects, classifies and audits the tax returns of small businesses. Other hearings cover topics such as: clean energy financing, pooled retirement plans for small businesses, regulatory burdens and more.
Lawmakers return to Washington this week and it’s going to be a busy one on the House side. Most eyes will be on actions related to the immigration reform debate where Republican leadership in the House have said that the comprehensive bill passed by the Senate is a nonstarter. And although there aren’t any committee hearings this week on the issue, there is a full slate of hearings on other topics, including: the impact of competitiveness on entrepreneurs, state strategies for small business growth, regulatory reform, experiential education, capital formation, the delay of the employer mandate of the Affordable Care Act and more.
duled for the week ahead as members of Congress left Washington this past weekend for the annual Fourth of July recess. Each recess is typically met with at least a couple of media stories about how it is ill-timed or even undeserved vacation. But don’t fall into the trap of thinking it’s a vacation. Last week, Roll Call, the pre-eminent publication for Capitol Hill and everyone who follows it closely, highlighted some findings from a Congressional Management Foundation survey about members’ work habits and how they spend time on recess.
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