Current Entrepreneurship and Innovation Policies

McNair Project

Current Entrepreneurship and Innovation Policies
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Abstract

Out of the 7430 bills in total proposed in the 114th Congress of 2015-2017, 100 bills either related to entrepreneurship or contained the specific word, "entrepreneurship". Several of these bills have had a significant impact on the present and future outlook of entrepreneurship in America.

Policies

Entrepreneurship

Federal

• Small Business Innovation Research (SBIR) is a program introduced by the U.S. Congress in the early 1980's to enhance long term growth among small businesses. They offer grants to small businesses to financially boost the company's outlook and additionally assign the company's a sign of quality which consequently starts to attract further external investments.

• The Jumpstart Our Business Startups (JOBS) Act of 2012 was enacted to provide looser security regulations for investors to allow for more investors and consequently more funding for startup businesses.

State and Local

• Industry-University Partnership

References

http://www.kauffman.org/~/media/kauffman_org/resources/2015/entrepreneurship%20policy%20digest/june%202015/how_entrepreneurs_access_capital_and_get_funded.pdf

http://www2.gsu.edu/~mgtbag/Ent%20Policy.pdf http://www.investopedia.com/terms/a/accreditedinvestor.asp