Startup America | The White House Program

ALG REPORT | Jan 31, 2011

“Startup America” is President Obama’s campaign to celebrate, inspire, and accelerate high-growth entrepreneurship throughout the nation. The Startup America Partnership is a coordinated public/private effort that brings together an alliance of the country’s most innovative entrepreneurs, corporations, universities, foundations, and other leaders, who work in concert with a wide-range of federal agencies to dramatically increase the prevalence and success of American entrepreneurs.

This mission to promote entrepreneurship is a core component of President Obama’s National Innovation Strategy for achieving sustainable growth and quality jobs. Not only do startups bring a wealth of transformative innovation to market, they also have generated all net job creation over the past three decades.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. 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.

The Startup America Partnership is a private, nonprofit entity co-funded by the Ewing Marion Kauffman Foundation and the Case Foundation. Its core goals are to (1) increase the number of new, high-growth firms that are creating economic growth, innovation, and quality jobs; (2) celebrate and honor entrepreneurship as a core American value and source of competitive advantage; and (3) inspire and empower a an ever-greater diversity of communities and individuals to build great American companies.

While not a grant-making entity, the Startup America Partnership will identify and encourage private-sector partners (such as corporations, foundations, startup funders, CEOs, and others) to commit resources that will help entrepreneurial companies start or grow—either by contributing funds to existing proven models or by developing new programs and efforts to help entrepreneurs.

The White House “Startup America” Program
http://www.whitehouse.gov/issues/startup-america