In an effort to jump-start American business and entrepreneurship, President Obama joined with Steve Case, co-founder of AOL, and Carl Schramm, President and CEO of the Ewing Marion Kauffman Foundation, to announce the Startup America Partnership at a press conference on January 31. The goal behind the Partnership is to help promote the White House’s Startup America Initiative that seeks to encourage entrepreneurship and achieve “sustainable growth and quality jobs.” The initiative is part of President Obama’s efforts to rebuild American business and compete in the Global Marketplace.As a private, non-profit organization, the Startup America Partnership is funded by the Ewing Marion Kauffman Foundation and the Case Foundation. The Partnership is also supported by a wide array of companies and educational groups including Facebook, HP, Intel, The Blackstone Charitable Foundation, the Charles Stewart Mott Foundation, and the Network for Teaching Entrepreneurship. Among the goals of the Partnership are increasing education and mentorship programs for entrepreneurs, providing more funding for startups, and removing regulatory and other barriers to business creation.At SBALoanStore.com, we will be closely following the efforts of the Partnership. This could be a major step towards improving the business climate in the country. If you would like more details on the Partnership you can read the Startup America Press Release.
As a START-UP GUY I have to admit the phone and email have been ringing in reference to Start-Up America. While I think this is what the admin should be doing I can't help but wonder how NICHE this placement is going to be.
In other words there are still going to be a ton of entrepreneurs left to their own devices towards funding.