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While data show that women start more than 50 percent of all businesses, their participation in high-growth startups remains extremely low. In an effort to change this, the Ewing Marion Kauffman Foundation has announced a $500,000 grant to Astia, a premier business accelerator that works with women-led startups. The grant represents a commitment from both organizations to strategically work together to advance the participation of women in high-growth entrepreneurship.
Guest post by Byron Kennard
Is DC defunct? It sure seems that way. Just about everybody is bemoaning Washington’s dysfunctional political system. According to a recent Rasmussen Poll, 73 percent of respondents consider the system “broken.” Only 15 percent think it workable. Fifteen percent?! Louis XVI had higher public approval ratings on the day the Bastille fell. What’s next? A guillotine installed on Lafayette Square?
Almost everyone in Washington focused on the upcoming elections, which means that there is a lot of hustle and bustle as members eye an October return to their districts / states for some last-minute campaigning. Here is a look at some relevant hearings for the week ahead.
Each day, Innovation Daily checks the pulse of global innovation-- courtesy of Innovation America and its founder, Rich Bendis. Here, we take a look at a handful of relevant stories it compiled last week: To Create Jobs, Nurture Startups (The New York Times)...
Despite the growing sophistication and promise of healthcare technology research, fewer and fewer breakthrough ideas are finding their way out of research institutions and into the hands of experienced clinicians and medical product development teams. Patients suffer as a result because promising research and innovation is not being translated into new treatments. If that sounds identical to the problems surrounding the typical challenges in bringing innovation into the marketplace, it's because it should.
Venturebeat.com had an interesting guest column last week by Jeff Bussgang, a General Partner at Flybridge Capital Partners. In “Who will champion entrepreneurship in Washington?” Bussgang reflects on President Obama’s speech on Iraq, where he declared that “Our most urgent task is to restore our economy and put the millions of Americans who have lost their jobs back to work…We must unleash…innovation…and nurture the ideas the spring from our entrepreneurs.”
Each day, Innovation Daily checks the pulse of global innovation-- courtesy of Innovation America and its founder, Rich Bendis. Here, we take a look at a handful of relevant stories it compiled last week: Causes for Firm Formation & Job Creation Reveal Keys to Growing Economy ( Kauffman Foundation)...
Several news sources reported at the end of last week that the Obama team is seriously weighing a package of business tax breaks worth hundreds of billions of dollars with the hopes of boosting employment. The Washington Post reported that under consideration are a temporary payroll-tax holiday and a permanent extension of the now-expired research and-development tax credit.
There are no hearings scheduled for this week as the House and Senate are in recess for their Summer Work Periods. Both are scheduled to reconvene on September 13, 2010.
The extraordinary contribution of jobs from new and young firms often is treated as something unique to these firms. A new Kauffman Foundation study, Neutralism and Entrepreneurship: The Structural Dynamics of Startups, Young Firms and Job Creation,reveals an important structural context in which firm formation and job creation occur that helps explain why new and young companies dominate net job creation.
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