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Startup America White House Initiative - 2011

Startup America White House Initiative - 2011

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Published by: Esquire on Apr 14, 2011
Copyright:Attribution Non-commercial


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Startup America Startup America is the White House Initiative
"Entrepreneurs embody the promise of America: the idea that if you have a good idea and are willing to work hard and see it through, you can succeed in this country. And in fulfilling this promise, entrepreneurs also play a critical role in expanding our economy and creating jobs." Startup America is the White House initiative to celebrate, inspire, and accelerate high-growth entrepreneurship throughout the nation. The core goals of Startup America are to increase the number of new highgrowth 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 to dramatically increase the prevalence and success of entrepreneurs across the country. First, the Obama Administration is rolling out a set of entrepreneur-focused policy initiatives in four areas: (1) increasing access to capital for high-growth startups; (2) increasing access to high-quality mentors for entrepreneurs; (3) accelerating the commercialization of federally funded R&D; and (4) improving the regulatory environment for high-growth firms. (Read more about the Obama Administration’s commitments to entrepreneurship.) At the same time, answering the President’s call to action to promote high-growth entrepreneurship, leaders in the private sector have launched the Startup America Partnership, an independent alliance of the country’s most innovative entrepreneurs, corporations, universities, foundations, and other leaders. (Read more about the private sector’s commitments to entrepreneurship.) The Importance of Entrepreneurship Startup America is an important element of President Obama’s national innovation strategy. Startups bring a wealth of transformative innovations to market, 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’s share of these new jobs, in every part of the country and in every industry.

2 of 2 Moreover, it is entrepreneurs in clean energy, medicine, advanced manufacturing, information technology, and other fields who will build the new industries of the 21st century, and solve some of our toughest global challenges. Learn more about Startup America: Frequently Asked Questions Startup America Fact Sheet Obama Administration Commitments Private Sector Commitments Startup America launch event (video) Startup America Partnership (independent private-sector alliance) Related links:
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Winning the Future Forum on Small Business National Innovation Strategy Small Business Jobs Act National Entrepreneurs’ Day

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