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[[Austin, TX: Emerging Ecosystems]]
[[Washington, D.C.: Emerging Ecosystems]]
Despite the economic recession of 2008 and long-term declines in business creation, the state of entrepreneurship in the United States looks bright. According to a 2015 Global Entrepreneurship Monitor Report, approximately 11.9% of United States adults are starting and running new businesses. The United States Bureau of Labor Statistics reports an increase in the number of businesses less than one year old and jobs created by businesses less than one year old. While entrepreneurship in the United States is strong, there are significant challenges to maintaining growth.
Important for continued US entrepreneurship growth is the development of entrepreneurial ecosystems. Accelerators, angel investors, hubs, strong crowd funding and micro-finance availability, encouraging regulatory environment, and availability of venture capital are all components on successful ecosystems. Silicon Valley (Palo Alto, California), Route 128 (Massachusetts), and The Research Triangle (North-Carolina) have facilitated the success of many companies such as Facebook, Google, Integrated Computer Solutions, and Digital Equipment Corporation. Across the country, many new entrepreneurship ecosystems are emerging. ADD SENTENCE
