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Startup America

Check out the announcement of President Obama’s administration on their support for the growth of small businesses and entrepreneurship in the U.S. This is an immediate follow-up to his speech at the State of the Union a few days ago.

Check out also the comments from Carl J. Schramm, the CEO of Kauffman Foundation, which highlights several statistics regarding entrepreneurship in the U.S. It’s also good to notice that Intel, HP, IBM and Facebook are already showing their support for this Startup America program.

Interesting statistics from Kauffman Foundation:

While only half of new firms survive to age five, 80 percent of the jobs created by the firms survive five years.