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Unless you completely unplugged over the holidays, you know that if Democratic and Republican lawmakers could not bridge their differences on how best to reduce the nation's budget deficit and debt, the Budget Control Act of 2011 mandated a combination of spending cuts and tax increases to take effect January 1, 2013. While Washington kicked the can down the road on budget cuts, the cliff was avoided – but what does the deal mean for American entrepreneurs?
According to the latest index from the Small Business & Entrepreneurship Council, South Dakota has the most entrepreneur-friendly policy environment in the U.S. The U.S. Business Policy Index evaluates each of the states on 46 policy measures with an emphasis on taxes, regulatory burdens and government spending.
The 113th Congress was sworn into office on Thursday last week. There are 97 new members, but little change from the 112th. The Senate has 13 new members with the Democrats maintaining control -- increasing their edge to 55-45. The House of Representatives has 84 new members with the Republicans maintaining control -- slipping a few seats to outnumber Democrats 233-200.
In the entrepreneurship and economic development realms, the word “high-growth” is tossed about loosely, often used to define that rare, illusive, overnight success of a startup. But a recent study by Kauffman has proved that high-growth firms aren’t as hard-pressed to find as we thought … so long as you’re looking in the right places.
Don’t be shy about talking up your company’s mission, says one entrepreneur. “I spend a lot of my time talking to people about what we’re doing. The more you talk about it, the more people will come to you.”
LUMOback is the first product by LUMO, a Palo Alto-based company founded by three entrepreneurs – including one who suffered back problems for years. Charles Wang, co-founder and CMO, shared what he’s learned since the company’s launch in 2011 and the product’s release last year.
Funding Sources for Startups, a Kauffman Foundation white paper, offers countless ideas on how to raise capital.
A Kauffman Foundation town hall meeting explored how the government, nonprofits and academic institutions could help enhance drug development and bring more effective drugs to market.
BioCurious is a Silicon Valley bio-hacker space with a dual mission: community education and work with entrepreneurs. Cofounder Raymond McCauley, who is also chair of biotechnology at Singularity University, said BioCurious provides lab space, equipment and a community for entrepreneurs.
One of the greatest gifts of my job is the opportunity to meet entrepreneurs. A couple weeks ago, I was fortunate enough to talk entrepreneurship with Barnett Helzberg, Jr., former CEO of Helzberg Diamonds. Turns out this iconic entrepreneur, who's sold a company to Warren Buffet, knows a thing or two about entrepreneurship.
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