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As we begin 2014, members of Congress return to Capitol Hill and there are a few committee hearings scheduled for the week ahead. In the House, private sector STEM programs get a look from the Committee on Science, Space and Technology while Africa’s emerging economies are the focus of the Committee on Foreign Affairs. In the Senate, the only relevant hearing currently scheduled is a review of government support for bank holding companies including testimonies from entrepreneurship professors from MIT Sloan School of Management and Chicago Booth School of Business.
One new trend in innovation and entrepreneurship data is to produce a comprehensive picture of the ecosystem. Bloomberg followed this practice and recently analyzed data from each U.S. state and the District of Columbia to rank them on innovation.
Interested in launching a startup but afraid you will make critical errors at the outset that will torpedo your efforts? The Kauffman Founders School has introduced a new education series featuring insights from Noam Wasserman, who teaches an award-winning course on entrepreneurship at Harvard Business School and is the author of The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup.
It looks to be a busy week for hearings on Capitol Hill -- at least in the House committees. The House Committee on Financial Services examines the impact of Dodd-Frank's Volcker Rule on job creators while the Small Business Committee discusses how the SEC's crowdfunding proposal will impact entrepreneurs and small business owners. Other topics covered by House hearings include: copyright protection; peer-to-peer business; and PPACA / Obamacare. In the only relevant hearing scheduled (at the time of publication) on the Senate side, drones and the future of unmanned aviation -- along with the inherent safety and privacy concerns -- get a look from the Senate Committee on Commerce, Science and Transportation.
A well-established business model is important for any startup, but it becomes even more vital for startups developing platform technology. IRISense CEO Brent Cousino said his company had multiple value propositions for his innovation that have provided different expansion paths of success.
See who made this week's list
At a Life Science Ventures Summit hosted by the Kauffman Foundation, Huffington Post writer Jennifer Hill led a discussion focused on the players in entrepreneurship. The presentation opened with experienced entrepreneurs giving their thoughts on the idea of team building. (00:00-01:19)
Ronald Lindsay, CEO of Zebra Biologics Inc., thinks changes in the biotech industry will lead to a trend of success for biotech companies. His company’s technology can be used as a platform to discover and develop bio-superior antibody therapeutics and complex drug targets. Zebra has just pulled in $9 million in its first investing round, and Lindsay thinks one of the biggest changes for the future of biotech is the availability of venture funding.
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