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*The Jumpstart Our Business Startups (JOBS) Act of 2012 was enacted to provide looser security regulations for entrepreneurs and investors to allow for more funding and potential for success for startup businesses. Two specific provisions of the act are especially impactful for small businesses: Title II and Title IV. Title II indicates the increase in the number of potential investor that a company can communicate with in order to acquire funding. Title IV allows investors to put almost 10 times more funds into companies with much less restricted investing requirements.
 
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===State and Local Policy===
*Industry-University partnerships are State governments often at match the forefront on state federal SBIR grants given out to small businesses. *Public venture funds are given to several small businesses to promote entrepreneurship and financially back small businesses. *State and local policies affecting entrepreneurshipgovernments often create a link between new businesses and research universities in the area.
==Innovation==
http://www.investopedia.com/terms/j/jumpstart-our-business-startups-act-jobs.asp
 
http://www.ncsl.org/documents/fiscal/entrepreneurshipFINAL05.pdf
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