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The Policy Dialogue on Entrepreneurship Informs and connects thought leaders looking to understand policies that help entrepreneurs start companies, create jobs and strengthen the economy. Sign up to receive our weekly update!
A proposed permanent exemption to capital gains taxes on investments in startups could help new high-growth firms thrive and create jobs. According to a new report from the Kauffman Foundation, an exemption on investments in startups held for at least five years could spur $750 million in additional seed investment and help them survive the ‘Valley of Death’—moving from concept to prototype.
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:
A new startup aimed at engaging the American public in the legislative process is shining a light on a handful of bills that could have a direct impact on entrepreneurship throughout the US.
President Obama’s overall proposed budget for FY 2013 is the highlight for a number of hearings in the week ahead, including the Budget Committees on both sides of the Capitol. The House Committee on Science, Space and Technology drills down a bit and takes a look at the dollars for federal research & development. Meanwhile, the House Committee on Energy & Commerce examines employment trends in ‘Where the Jobs Are.’
Last week, I shared how we should be encouraged by recent developments to ramp up efforts in support of America’s new and young job creators—including legislation put forth by President Obama at the end of January.
At the 2012 State of Entrepreneurship Address, held February 9, 2012, Ewing Marion Kauffman Foundation interim president and CEO Benno C. Schmidt, along with National Governors Association (NGA) leaders Nebraska Governor Dave Heineman and Delaware Governor Jack Markell, called for state and local government policy changes to foster entrepreneurship and accelerate economic growth.
A couple months ago, Senators Jerry Moran (R-Kan.) and Mark Warner (D-Va.) were joined by Steve Case, AOL co-founder and CEO of Revolution LLC, as they introduced the Startup Act—based largely off research and recommendations released by the Kauffman Foundation.
Despite a continued cloudy view of the U.S. economy, some top economics bloggers are beginning to see a ray of hope on the horizon. According to the latest Kauffman Economic Outlook: A Quarterly Survey of Top Economics Bloggers, 14 percent of respondents now believe the economy is “strong and growing” or “strong with uncertain growth,” an improvement over last quarter.
Expect more-of-the-same when it comes to the performance of the US economy for the next two years—with slow economic growth and unemployment rates remaining over eight percent.
Headlining this week is the Kauffman Foundation's third annual State of Entrepreneurship Address, “A Roadmap for State Growth.” The address will be held at the National Press Club and presented by Benno Schmidt, interim president of the Kauffman Foundation, who will discuss effective, low-cost ways of promoting entrepreneurship and innovation at the state level. On Capitol Hill, a number of hearings are scheduled that may be of interest to readers, including a Joint Economic Committee hearing on reauthorizing the payroll tax cut.
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