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NAS Study on SBIR Adds Hope for the VC Industry
As the deadline for the reauthorization of the Small Business Innovation Research (SBIR) program approaches, evidence is mounting on both sides of the debate that has been pushing the decision about the future of SBIR back since March. This time, a new study supports the... [More]
on May 29, 2009
Category:  Capitol Hill 
More VC Leadership at the SBA
Last Thursday, President Obama announced his nomination for the position of Chief Counsel for Advocacy at the Small Business Administration. The nominee, Winslow Sargeant, is a managing director in the technology practice at Wisconsin-based venture firm Venture Investors LLC. The first thing that comes to... [More]
on May 27, 2009
Category:  Capitol Hill 
This Week in Entrepreneurship Policy
There are no hearings scheduled for this week as Congress is in recess. The next meeting of the Senate is June 1, 2009; the House next meets June 2, 2009. [More]
on May 26, 2009
Category:  Capitol Hill 
The Entrepreneurial University: An Institutional Innovation
Through our work on entrepreneurship, we have the benefit of working closely with a number of great institutions of higher education. This week, I share some insights into how several universities have stepped forward in the transition to a more entrepreneurial economy.Here is the lead:Universities,... [More]
on May 26, 2009
Category:  Education 
Saving Detroit
Will propping up the flailing automotive industry save Detroit? Not likely. Any sustainable solution is going to have to center on fostering entrepreneurial activity which will generate new jobs. A new partnership between the Kauffman Foundation and the New Economy Initiative (NEI) for Southeast Michigan... [More]
on May 26, 2009
Category:  General 
Schramm to Students: "Join the Army of Entrepreneurs"
In his commencement address to the University of Illinois at Urbana-Champaign last Sunday, Kauffman Foundation President and CEO Carl Schramm told students:"We need an army of the smartest, most passionate young people to try their hand at building a business--people who will take their heads... [More]
on May 22, 2009
Category:  General 
What Accounts for the Overproportion of Immigrant Entrepreneurs?
Another news article has highlighted the overproportion of entrepreneurs in places like Silicon Valley: over half (52.4 percent) of the startups contributing to innovation and wealth creation in that region have at least one immigrant founder. This New York Times article asks “Why this overproportion?”... [More]
on May 21, 2009
Category:  Immigration 
The Economy and Small Business in the First Quarter
The SBA recently released the latest Quarterly Indicators. Not surprisingly, poor sales and access to credit are major issues for small business owners these days. Incorporated self-employment fell by 200,000. Yet, entrepreneurs are not giving up. Unincorporated self-employment has recovered to its March 2008 level.... [More]
on May 20, 2009
No Business Plan? Don't Worry
Business plans are an important tool for entrepreneurs, but a new study revealed that when it comes to obtaining venture capital, business plans are of little importance. Researchers Brent Goldfarb, David A. Kirsch, and Azi Gera from the University of Maryland’s Robert H. Smith School... [More]
on May 19, 2009
Category:  General 
Increased Credit Card Protections Sought for Small Firms
Entrepreneurship data has consistently shown that a large portion of small businesses rely on credit cards as one of their largest sources of financing (see for example, the Kauffman Firm Survey). According to the National Small Business Association (NSBA), the number of small businesses reporting... [More]
on May 18, 2009
Category:  Capitol Hill 

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