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Members of Congress are back in their home states and districts for the August recess. They are scheduled to return on Monday, September 9.
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.
For years, lectures and programs on entrepreneurship in American campuses were confined to its business schools—but times have changed and entrepreneurship education is fully in the mainstream. A couple of recent white papers from the Ewing Marion Kauffman Foundation demonstrate how these programs now reach students in disciplines across the curriculum, teaching them how to become innovative problem solvers, whether or not they ever start a business.
Members of Congress have left Washington to travel back to their home districts and states for August recess. Last month, we pointed out a study from the Congressional Management Foundation that outlined what members typically do when they return home for recess. The pace of the August recess is slower than most and according to a story in National Journal last week, what members will do this August varies widely—ranging from international trips to local fundraisers and family vacations to face time with voters.
According to the latest MoneyTree report from PwC and the National Venture Capital Association, the number of deals and dollars are up from earlier in the year. Venture capitalists invested $6.7 billion in 913 deals in Q2 2013—an increase of 12 percent in terms of dollars and 2 percent in the total number of deals. However, both are the lowest totals for the same quarter since the global financial crisis wreaked havoc in 2009.
It has been almost two years since Dell announced its own entrepreneur-in-residence program and now it is trying to convince state and federal agencies that it would be a good idea for them to do the same.
This is the last week before Congress breaks for the traditional August recess—when they will likely prepare for a looming September spending showdown. In the meantime, there are several hearings of interest—covering technology innovation, health care reform, employment figures, tax reform, patent reform and brain research.
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.
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