APPROACH AND METHODOLOGY
The goal of the Center for Entrepreneurship is to help members of Congress understand the contributions entrepreneurs make to our economy and the many legislative and regulatory barriers they face. The Center for Entrepreneurship will launch a campaign to educate and engage young entrepreneurs to help them create an entrepreneurship friendly environment.
The Center for Entrepreneurship's commitment will build on already established relationships with entrepreneurship groups including the Kairos Society, Extreme Entrepreneurship Education and Our Time. The Center will spend $250,000 to sponsor events around the country throughout the year at which Center and Chamber experts will host sessions to educate participants on the policies impacting entrepreneurs and how entrepreneurs can engage with policy makers.
Written and video resources developed for these events will be available on the Center's website.
IMPLEMENTATION, TIMELINE, AND DELIVERABLES
The current schedule of events include hosting policy discussions with Kairos Society Fellows in Palo Alto, CA (September) and Boston, MA (October). The Center for Entrepreneurship will host the Global Entrepreneurship Week - Extreme Entrepreneurship Education Summit, Nov. 17-19, 2011 at the U.S. Chamber of Commerce headquarters in Washington D.C. As part of the program, the Center will provide experts to lead sessions on policy topics including startup visas, intellectual property and tax reform. Additional events and opportunities for collaboration are in development with the Kairos Society, Extreme Entrepreneurship Education and Our Time to take place in 2012. The Center for Entrepreneurship provides financial support and in-kind resources (event space, policy experts, speakers etc.) to our partner organizations.
Entrepreneurs will have an essential role in creating the jobs necessary for the United States to recover from recession. According to the Kauffman Foundation (Where Will the Jobs Come From, 2009), 'from 1980-2005, nearly all net job creation in the United States occurred in firms less than five years old.' These companies need an ecosystem that can help them thrive, however according to the Small Business Administration (The Impact of Regulatory Costs on Small Firms, SBA 2005), 'the cost of federal regulations totals $1.1 trillion; the cost per employee for firms with fewer than 20 employees is $7,647
. small businesses continue to bear a disproportionate share of the federal regulatory burden.'
The United States produces the most successful entrepreneurs in the world, but if the policy and regulatory environment does not change, these new companies and technologies will not have a chance to contribute to our economic recovery.
SEEKING: Implementing Partners, Media/Marketing Opportunities
US Chamber of Commerce Center for Entrepreneurship is looking for access to groups of entrepreneurs who have stories to tell about their road to entrepreneurship and may be interested in learning more about how decisions in Washington impact their ability to grow their business.
OFFERING: Best Practice Information, Media/Marketing Opportunities
Offering educational programs and expert speakers on the policies impacting entrepreneurs and startups.