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I ended Global Entrepreneurship Week 2013 last week in Moscow just in time to see a GEW-themed bus driving around different universities, schools and gatherings while testing young peoples’ entrepreneurial skills and engaging them in the world of founding businesses. Skeptics in the international community might want to take a closer look at what cities can do – even in environments where there are persistent national barriers to new firm formation.
Members of the Senate are still on Thanksgiving recess but the House is back in action. The House Rules Committee will work on a couple pieces of legislation this week before they hit the House floor. The Innovation Act (H.R. 3309) takes aim at patent trolls through a number of reforms including increased transparency and ‘fee shifting’ so the loser pays attorney fees in a patent case. The Small Business Capital Access and Job Preservation Act (H.R. 1105) would effectively exempt private equity firms from registering with the Securities and Exchange Commission. Other topics covered by committee hearings include: the bankruptcy code, small business lending, regulatory burdens on small financial institutions, the impacts of the health care law on small employers and government regulation in a changing energy landscape.
See who made this week's list
At a Life Science Ventures Summit hosted by the Kauffman Foundation, Huffington Post writer Jennifer Hill led a discussion focused on the players in entrepreneurship and asked the panel about approaching investors (0:38:28 – 0:44:00). The panel included Nick Franano, Avi Roop and Geoff Clapp.
It is common for startups to focus on a specific group for the target market for their product, but developing an innovation that benefits the direct user as well as the indirect users can go a long way during an entrepreneur's journey.
Long understood to be the engine of the U.S. economy, the world is embracing entrepreneurship as one of the primary means of building a long-term recovery. Ironically, for this spreading global fervor to make a sustainable impact, the world of entrepreneurship must shrink.
Something extraordinary happened in Kansas City last Thursday. For the second year in a row, some of Kansas City's largest organizations participated in a reverse pitch. KCNext, the host and organizer, brought in a capacity crowd of over 200 entrepreneurs and other Global Entrepreneurship Week event participants. There were 65 events in Kansas City spread across a week and a half. But this event was different. This one was special.
The next couple of weeks will be fairly quiet in Washington, DC, as Congress has adjourned for Thanksgiving holiday recess. The House will reconvene in one week on Monday, December 2, while the Senate doesn’t reconvene until the following Monday, December 9.
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