This afternoon at Facebook headquarters in Silicon Valley, following the President’s national town hall on Shared Responsibility and Shared Prosperity, I’ll join a group of entrepreneurs for a livestreamed panel on Startup America, the White House-led initiative to encourage and accelerate high-growth entrepreneurship across the country.
This initiative is a top priority for President Obama. Entrepreneurship is a key ingredient to economic growth. Startups all across the country play a crucial role in job creation, since these companies generate the lion’s share of net new jobs. Startups are also responsible for developing breakthroughs in industries such as information technology, biotechnology, and clean energy that will allow the United States to compete and win in the global economy.
The Obama Administration is doing its part to create the right environment for high-growth entrepreneurship. We are reducing taxes, streamlining and eliminating burdensome regulations, increasing access to capital, expanding opportunities for high-quality mentorship and entrepreneurial education, and speeding up the commercialization of federally funded research.
Here are some highlights of our progress to date:
Fonte: White House