October 19, 2018  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Small Business News for Entrepreneurs

 

Small Business Finance News

 

Kauffman Foundation President Offers Strategies To Boost Entrepreneurship

Written by Ken Gaebler
Published: 12/3/2009

Kauffman Foundation president Schramm will participate in the upcoming White House forum on jobs.

While reports of declining employment rates dominate the news, for small business owners this climate may result in beneficial government initiatives to boost entrepreneurship. Carl Schramm, president and CEO of the Kauffman Foundation, will participate in the upcoming Jobs Summit to discuss how the government can boost entrepreneurship.

Entrepreneur Finance News

"With unemployment at 10.2 percent, Washington needs to create an environment where entrepreneurs and new companies can thrive and create the jobs that our country desperately needs," Schramm said.

He identifies some basic strategies he believes the government should enact immediately to help startup companies. To start, he suggests a "Founders Visa" that would enable immigrants who found new companies in the U.S. to keep their SMBs - and the jobs they create - in America.

Schramm also advises tax relief for SMBs. He thinks a tax holiday for young companies could lead to expansion and new hires, and certain new regulations could prevent harmful consequences for entrepreneurs.

Schramm also advocates Sarbanes-Oxley exemptions for certain young companies so they can offer IPOs more quickly.

Schramm's suggested efforts to help new companies reach their job creating potential could dramatically help decrease U.S. unemployment rates; according to a study from the Kauffman Foundation, the age of a firm demonstrates the strongest link to the number of jobs generated, with newer firms creating a higher average number of jobs than their older counterparts.

Have Friends Who Might Like This Article?

Tweet via @gaeblerdotcom Share this on Twitter

Let them know on LinkedIn

Ready to Learn More? We Think You Might Like These Articles:

 


About Our Business News for Entrepreneurs

Our entrepreneur news feed is packed with the latest news for people who love entrepreneurship. Find helpful entrepreneur resources about the latest business news and financial news concerning the market and the economy.

 

 

Additional Resources for Entrepreneurs

Help for Native American Entrepreneurs

Resources for Gay Entrepreneurs

Businesses for Sale

Online Entrepreneur Tools

Economics

Lists of Small Business Incubators

Lists of Angel Investors