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Startup America is the White House Initiative
"Entrepreneurs embody the promise of America: the idea that if you have a goodidea and are willing to work hard and see it through, you can succeed in thiscountry. And in fulfilling this promise, entrepreneurs also play a critical role inexpanding our economy and creating jobs."Startup America is the White House initiative to celebrate, inspire, and acceleratehigh-growth entrepreneurship throughout the nation.The core goals of Startup America are to increase the number of new high-growth firms that are creating economic growth, innovation, and quality jobs;celebrate and honor entrepreneurship as a core American value and source of competitive advantage; and inspire and empower an ever-greater diversity of communities and individuals to build great American companies.
Winning the Future with America’s Entrepreneurs
Both the federal government and the private sector have important roles todramatically increase the prevalence and success of entrepreneurs across thecountry.First, the Obama Administration is rolling out a set of entrepreneur-focused policyinitiatives in four areas: (1) increasing access to capital for high-growth startups;(2) increasing access to high-quality mentors for entrepreneurs; (3) acceleratingthe commercialization of federally funded R&D; and (4) improving the regulatoryenvironment for high-growth firms. (Read more about theObamaAdministration’s commitments to entrepreneurship.)At the same time, answering the President’s call to action to promote high-growthentrepreneurship, leaders in the private sector have launched theStartupAmerica Partnership, an independent alliance of the country’s most innovativeentrepreneurs, corporations, universities, foundations, and other leaders. (Readmore about theprivate sector’s commitments to entrepreneurship.)
The Importance of Entrepreneurship
Startup America is an important element of President Obama’s nationalinnovation strategy. Startups bring a wealth of transformative innovations tomarket, and they also play a critical role in job creation in the United States.Those entrepreneurs who are intent on growing their businesses create the lion’sshare of these new jobs, in every part of the country and in every industry.