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How Big of a VC Industry Does the Economy Need?
In the midst of much speculation surrounding the upcoming decisions on how to best address the poor performance of venture capital (VC) in the U.S., a new study on VC opportunities and returns offers myth-busting findings. In "Right-Sizing the U.S. Venture Capital Industry," Kauffman Foundation Senior Fellow Paul Kedrosky draws interesting conclusions on the size the industry needs to be in order to function as an economic force.
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From the Policy Dialogue on Entrepreneurship Blog
This Week in Entrepreneurship Policy
The week ahead on Capitol Hill sees some relevant legislation under the microscope of the House Science and Technology Committee, as well as a few events focused on health care. [More]
Senate Committee Votes to Reauthorize SBIR-STTR In a closed session late last week, the United States Senate Committee on Small Business and Entrepreneurship unanimously passed two bills to reauthorize and improve a number of Small Business Administration (SBA) programs. [More]
'Next Cities' Attract Innovative Youth What does it take for a city to attract young professionals? According to the "Next Cities" rankings of the best places to live and work for young professionals, its more than just being the cheapest place to live or the city with the most jobs. [ More]
Entrepreneurship Not on G8 Radar PDE staff were on hand last week for a conference to discuss the priorities of the upcoming G8 conference in Italy, including the global economic crisis. Unfortunately, that discussion did not include the word 'entrepreneurship'. [More]
More Recommendations Supporting VC-Backed Firm Access to SBIR-STTR PDE staff were on hand for yet another hearing about the SBIR-STTR programs. While witnesses were in favor of allowing VC-backed firms access to the programs, several members still expressed reservations. [More]
------------------------------------------------------------------- Correction: The American Recovery Capital Loan program mentioned in last week's issue of PDE-news is being run by the U.S. Small Business Administration. The SBA was incorrectly identified in the original issue. For more information on the ARC Loan program, visit the SBA site.
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