White House White Board Looks at Startup America
Once or twice in the past we have pointed to the “White House White Board,” a quirky feature on whitehouse.gov used to illustrate (and simplify) whatever it is the administration wants to talk about. Recently, it marked the first 180 days of Startup America with a self-conducted progress report on administration commitments to improve the environment for high-growth entrepreneurship. That list covers five main categories:
- Unlocking Access to Capital for Entrepreneurs
- Connecting Mentors to Entrepreneurs
- Reducing Barriers and Making Government Work for Entrepreneurs
- Accelerating Innovation from Lab to Market
- Unleashing Market Opportunities
Highlighted commitments include: SBA launching two $1 billion initiatives for “impact investing” and early-stage seed financing; a new mentorship program for clean energy startups; changes intended to empower immigrant entrepreneurs; and, the launching of the National Science Foundation’s new ‘Innovation Corps.’
Meanwhile, it also trumpeted private sector commitments secured through Startup America, a partnership made possible by seed funding from the Kauffman Foundation and the Case Foundation.
Chief Economist Austin Goolsby uses the White Board to walk through the basics of Startup America.