Posted at 6:05 AM
“Startup America also represents a historic partnership with business leaders, investors, universities, foundations, and non-profits, and we're urging others to join them in this effort. For entrepreneurs speak to what's best about America, and in their drive and innovative spirit -- in their willingness to take a risk on a bold idea -- we can see the future. We can see how America will compete and win in the 21st century global economy.” President Obama
The Startup America Partnership is an alliance of top entrepreneurs, venture capitalists, angel investors, corporations, universities, foundations, and other leaders, joining together to grow the entrepreneurial ecosystems that support innovative, high-growth U.S. startups.
Overall, Startup America, through a full range of public and private initiatives, is aimed at:
Expanding access to capital for high-growth startups throughout the country;
Expanding entrepreneurship education and mentorship programs that empower more Americans not just to get a job, but to create jobs;
Strengthening commercialization of the about $148 billion in annual federally-funded research and development, which can generate innovative startups and entirely new industries;
Identifying and remove unnecessary barriers to high-growth startups; and
Expanding collaborations between large companies and startups.
Long-term commitments will include:
- Education: Expanding high-impact entrepreneurship education programs to more high schools, community colleges, and universities, reaching thousands of additional students.
Commercialization: Clearing the path to market for primary research in more universities, through a combination of regional ecosystem development, faculty engagement, and streamlined technology licensing.
Acceleration: Replicating successful entrepreneurship accelerator programs in more cities and universities, by recruiting more experienced mentors to support more startups.
The Startup America Partnership will soon convene an Entrepreneurship Action Summit, bringing together the greatest entrepreneurs and innovators in America to dramatically accelerate startup success and job creation. The work of the Partnership is made possible by seed funding from the Kauffman Foundation and the Case Foundation.