Startup America | The White House

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President Barack Obama</a></span></div> <div id="hdr-emblem"> <a href="/web/20110723014836/http://www.whitehouse.gov/"><img src="/web/20110723014836im_/http://www.whitehouse.gov/sites/default/themes/whitehouse/img/clear.gif" alt="The White House Emblem" title="" width="1" height="1"/></a> </div> <div id="hdr-links" class="clearfix"><ul><li id="header-link-get-email-updates"><a href="/web/20110723014836/http://www.whitehouse.gov/get-email-updates">Get Email Updates</a></li><li class="line" id="header-link-contact-us"><a href="/web/20110723014836/http://www.whitehouse.gov/contact">Contact Us</a></li></div> <div id="top-nav-wrapper" class="clearfix clear"> <div id="hdr-flag"><a href="/web/20110723014836/http://www.whitehouse.gov/">Go to homepage.</a></div> <ul id="topnav" class="clearfix"> <li id="nav-blog" class="first-level"> <a href="/web/20110723014836/http://www.whitehouse.gov/blog" class="first-level"><span>The White House Blog</span></a> </li> <li id="nav-media-center" 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href="/web/20110723014836/http://www.whitehouse.gov/photos-and-video/video/2011/07/19/president-speaks-bi-partisan-group-college-students?utm_source=wh&utm_medium=tout&utm_campaign=menu">Featured Video</a></p> <p>President Speaks to Students</p> <p><a href="/web/20110723014836/http://www.whitehouse.gov/photos-and-video/video/2011/07/19/president-speaks-bi-partisan-group-college-students?utm_source=wh&utm_medium=tout&utm_campaign=menu"><img src="/web/20110723014836im_/http://www.whitehouse.gov/sites/default/files/image/071811_potus_thumb_small.jpg" alt="President Speaks to Students"/></a></p> </div> </div> </div> </div> </div></div> </li> <li id="nav-briefing-room" class="first-level"> <a href="/web/20110723014836/http://www.whitehouse.gov/briefing-room" class="first-level"><span>Briefing Room</span></a> <div class="topnav-dd-outer topnav-dd-outer-two-col topnav-dd-outer-featured topnav-dd-outer-two-col-featured"><div class="topnav-dd-inner clearfix"> <ul class="two-col clearfix"> <li> 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class="clear-block block block-nodeblock "> <div class="content"><p class="menu-feature-title"><a href="/web/20110723014836/http://www.whitehouse.gov/briefing-room/disclosures/visitor-records?utm_source=wh&utm_medium=tout&utm_campaign=menu">A Commitment to Transparency</a></p> <p>Browse White House visitor logs</p> <p><a href="/web/20110723014836/http://www.whitehouse.gov/briefing-room/disclosures/visitor-records?utm_source=wh&utm_medium=tout&utm_campaign=menu"><img src="https://web.archive.org/web/20110723014836im_/http://www.whitehouse.gov/files/images/tout/menu/menu_visitor_records.jpg" alt="President Obama greets White House visitors"/></a></p> </div> </div> </div> </div> </div></div> </li> <li id="nav-issues" class="first-level"> <a href="/web/20110723014836/http://www.whitehouse.gov/issues" class="first-level"><span>Issues</span></a> <div class="topnav-dd-outer topnav-dd-outer-three-col topnav-dd-outer-featured topnav-dd-outer-three-col-featured"><div class="topnav-dd-inner clearfix"> <ul class="three-col clearfix"> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/civil-rights">Civil Rights</a> <ul class="topnav-dd-inner-sub"> <li><a href="/web/20110723014836/http://www.whitehouse.gov/issues/civil-rights/it-gets-better">It Gets Better</a></li> </ul> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/defense">Defense</a> <ul class="topnav-dd-inner-sub"> <li><a href="/web/20110723014836/http://www.whitehouse.gov/issues/defense/afghanistan">The Way Forward in Afghanistan</a></li> </ul> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/disabilities">Disabilities</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/economy">Economy</a> <ul class="topnav-dd-inner-sub"> <li><a href="/web/20110723014836/http://www.whitehouse.gov/wallstreetreform">Financial Reform</a></li> <li><a href="/web/20110723014836/http://www.whitehouse.gov/issues/economy/innovation">Innovation</a></li> <li><a href="/web/20110723014836/http://www.whitehouse.gov/issues/startup-america" class="active">Startup America</a></li> </ul> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/education">Education</a> <ul class="topnav-dd-inner-sub"> <li><a href="/web/20110723014836/http://www.whitehouse.gov/issues/education/educate-innovate">Educate to Innovate</a></li> <li><a href="/web/20110723014836/http://www.whitehouse.gov/issues/education/higher-education">Higher Education</a></li> <li><a href="/web/20110723014836/http://www.whitehouse.gov/commencement">Race to the Top Commencement Challenge</a></li> </ul> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/energy">Energy & Environment</a> </li> </ul> <ul class="three-col clearfix"> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/21stcenturygov">Ethics</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/family">Family</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/fiscal">Fiscal Responsibility</a> <ul class="topnav-dd-inner-sub"> <li><a href="/web/20110723014836/http://www.whitehouse.gov/issues/fiscal/excess-property-map">Excess Federal Properties Interactive Map</a></li> </ul> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/foreign-policy">Foreign Policy</a> <ul class="topnav-dd-inner-sub"> <li><a href="/web/20110723014836/http://www.whitehouse.gov/issues/foreign-policy/japan-earthquake-tsunami">Japan Earthquake and Tsunami</a></li> <li><a href="/web/20110723014836/http://www.whitehouse.gov/issues/president-s-trip-asia-2010">Trip to Asia 2010</a></li> <li><a href="/web/20110723014836/http://www.whitehouse.gov/issues/foreign-policy/haiti-earthquake">Haiti Earthquake</a></li> <li><a href="/web/20110723014836/http://www.whitehouse.gov/issues/foreign-policy/presidents-speech-cairo-a-new-beginning">Speech in Cairo</a></li> </ul> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/healthreform">Health Care</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/homeland-security">Homeland Security</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/fixing-immigration-system-america-s-21st-century-economy">Immigration</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/poverty">Poverty</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/rural">Rural</a> <ul class="topnav-dd-inner-sub"> <li><a href="/web/20110723014836/http://www.whitehouse.gov/issues/rural/state-fair-tour">State Fair Tour</a></li> </ul> </li> </ul> <ul class="three-col clearfix"> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/seniors-and-social-security">Seniors & Social Security</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/service">Service</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/taxes">Taxes</a> <ul class="topnav-dd-inner-sub"> <li><a href="/web/20110723014836/http://www.whitehouse.gov/issues/taxes/tax-receipt">Tax Receipt</a></li> <li><a href="/web/20110723014836/http://www.whitehouse.gov/issues/taxes/tax-cuts">Tax Cuts, Unemployment Insurance and Jobs</a></li> <li><a href="/web/20110723014836/http://www.whitehouse.gov/issues/taxes/tax-cut-calculator">Tax Cut Calculator</a></li> </ul> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/technology">Technology</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/urban-policy">Urban Policy</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/veterans">Veterans</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/women">Women</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/issues/additional-issues">Additional Issues</a> </li> </ul> <div id="nav-issues-feature" class="topnav-feature"> <div class="cp_tile "> <div id="block-nodeblock-43315" class="clear-block block block-nodeblock "> <div class="content"><p class="menu-feature-title"><a href="/web/20110723014836/http://www.whitehouse.gov/issues/fiscal/excess-property-map?utm_source=wh&utm_medium=tout&utm_campaign=menu">Excess Federal Properties</a></p> <p>Explore the interactive map</p> <p><a href="/web/20110723014836/http://www.whitehouse.gov/issues/fiscal/excess-property-map?utm_source=wh&utm_medium=tout&utm_campaign=menu"><img src="https://web.archive.org/web/20110723014836im_/http://www.whitehouse.gov/files/images/tout/menu/menu_excess_map.jpg" alt="Excess Property Map"/></a></p> <hr/> <p class="menu-feature-title"><a href="/web/20110723014836/http://www.whitehouse.gov/issues/taxes/tax-receipt?utm_source=wh&utm_medium=tout&utm_campaign=menu">Your Federal Taxpayer Receipt</a></p> <p>How your tax dollars are spent</p> <p><a href="/web/20110723014836/http://www.whitehouse.gov/issues/taxes/tax-receipt?utm_source=wh&utm_medium=tout&utm_campaign=menu"><img src="https://web.archive.org/web/20110723014836im_/http://www.whitehouse.gov/files/images/tout/menu/featured_tax_receipt.jpg" alt="Interactive Tax Receipt"/></a></p> </div> </div> </div> </div> </div></div> </li> <li id="nav-the-admin" class="first-level"> <a href="/web/20110723014836/http://www.whitehouse.gov/administration" class="first-level"><span>The Administration</span></a> <div class="topnav-dd-outer topnav-dd-outer-three-col topnav-dd-outer-featured topnav-dd-outer-three-col-featured"><div class="topnav-dd-inner clearfix"> <div id="nav-the-admin-feature" class="topnav-feature"> <div class="cp_tile "> <div id="block-nodeblock-43303" class="clear-block block block-nodeblock "> <div class="content"><p class="menu-feature-title"><a href="/web/20110723014836/http://www.whitehouse.gov/citizensmedal?utm_source=wh&utm_medium=tout&utm_campaign=menu">Presidential Citizens Medal</a></p> <p>See the 2010 award winners</p> <p><a href="/web/20110723014836/http://www.whitehouse.gov/citizensmedal?utm_source=wh&utm_medium=tout&utm_campaign=menu"><img src="https://web.archive.org/web/20110723014836im_/http://www.whitehouse.gov/files/images/tout/menu/menu_citizens_medal.jpg" alt="The Presidential Citizens Medal"/></a></p> </div> </div> </div> </div> <ul class="three-col clearfix"> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/administration/president-obama">President Barack Obama</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/administration/vice-president-biden">Vice President Joe Biden</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/administration/first-lady-michelle-obama">First Lady Michelle Obama</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/administration/jill-biden">Dr. Jill Biden</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/administration/cabinet">The Cabinet</a> <ul class="topnav-dd-inner-sub"> <li><a href="https://web.archive.org/web/20110723014836/http://www.whitehouse.gov/2010-Cabinet-Reports">2010 Video Reports</a></li> </ul> </li> </ul> <ul class="three-col clearfix"> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/administration/staff">White House Staff</a> <ul class="topnav-dd-inner-sub"> <li><a href="/web/20110723014836/http://www.whitehouse.gov/administration/staff/bill-daley">Chief of Staff Bill Daley</a></li> <li><a href="/web/20110723014836/http://www.whitehouse.gov/administration/staff/nancy-ann-deparle">Deputy Chief of Staff Nancy-Ann DeParle</a></li> <li><a href="/web/20110723014836/http://www.whitehouse.gov/administration/staff/alyssa-mastromonaco">Deputy Chief of Staff Alyssa Mastromonaco</a></li> <li><a href="/web/20110723014836/http://www.whitehouse.gov/administration/staff/pete-rouse">Counselor to the President Peter Rouse</a></li> <li><a href="/web/20110723014836/http://www.whitehouse.gov/administration/staff/valerie-jarrett">Senior Advisor Valerie Jarrett</a></li> </ul> </li> </ul> <ul class="three-col clearfix"> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/administration/eop">Executive Office of the President</a> </li> <li> <a href="/web/20110723014836/http://www.whitehouse.gov/administration/other-advisory-boards">Other Advisory Boards</a> </li> </ul> </div></div> </li> <li id="nav-the-wh" class="first-level"> <a href="/web/20110723014836/http://www.whitehouse.gov/about" class="first-level"><span>About the White House</span></a> <div class="topnav-dd-outer topnav-dd-outer-three-col topnav-dd-outer-featured topnav-dd-outer-three-col-featured"><div class="topnav-dd-inner clearfix"> <div id="nav-the-wh-feature" class="topnav-feature"> <div class="cp_tile "> <div 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</div> </div> </div> <div id="content"> <h1 property="dc:title">Startup America</h1> <div class="quoteline"><p>"Entrepreneurs embody the promise of America: the idea that if you have a good idea and are willing to work hard and see it through, you can succeed in this country. And in fulfilling this promise, entrepreneurs also play a critical role in expanding our economy and creating jobs."</p></div> <div class="byline"><p>-President Barack Obama, January 31, 2011</p></div> <div class="embed"> <div id="media-embed-detail" class="clearfix"> <div id="video-wrapper"> <div class="swftools-wrapper wijering4-mediaplayer"><div id="swfobject2-id-13113842061" class="swftools swfobject2"> <video controls="controls" width="430" height="242" poster="https://web.archive.org/web/20110723014836im_/http://www.whitehouse.gov/sites/default/files/imagecache/rss_thumb/audio-video/video_thumbnail/020111_Whiteboard_DeathValleyTHUMB.jpg" src="https://web.archive.org/web/20110723014836im_/http://www.whitehouse.gov/videos/2011/February/020211_WhiteBoard_StartupAmerica.m4v"> <p>To view this content, please download the <a href="https://web.archive.org/web/20110723014836/http://get.adobe.com/flashplayer/">Adobe Flash Player</a></p> </video> </div> <script type="text/javascript"> 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"quality": "best", "scale": "showall", "align": "l", "salign": "tl", "wmode": "opaque", "bgcolor": "#FFFFFF", "version": "7", "allowfullscreen": "true", "allowscriptaccess": "sameDomain", "width": 430, "height": 282, "base": "https://web.archive.org/web/20110723014836/http://www.whitehouse.gov/sites/default/files/", "src": "https://web.archive.org/web/20110723014836/http://www.whitehouse.gov/sites/all/modules/swftools/shared/flash_media_player/player5x2.swf" }, { "id": "swf13113842061" }); </script> <ul class="wijering4-accessible-hidden"> <li><a href="javascript:document.getElementById('swf13113842061').sendEvent('PLAY');">Play/pause</a></li> <li><a href="javascript:document.getElementById('swf13113842061').sendEvent('MUTE');">Mute/unmute</a></li> <li><a href="javascript:document.getElementById('swf13113842061').sendEvent('STOP');">Rewind and stop</a></li> </ul></div> </div> <div id="video-info"> <div class="caption" property="dc:description"> Download Video: <a href="https://web.archive.org/web/20110723014836/http://www.whitehouse.gov/videos/2011/February/020211_WhiteBoard_StartupAmerica.mp4" rel="enclosure">mp4</a> (45MB) </div> </div> </div> </div> <p> <strong><a href="https://web.archive.org/web/20110723014836/http://www.whitehouse.gov/issues/startup-america">Home</a> | <a href="https://web.archive.org/web/20110723014836/http://www.whitehouse.gov/issues/startup-america-public">Administration Commitments</a> | <a href="https://web.archive.org/web/20110723014836/http://www.whitehouse.gov/issues/startup-america-private">Private Sector Commitments</a></strong></p> <p> Startup America is the White House initiative to celebrate, inspire, and accelerate high-growth entrepreneurship throughout the nation.</p> <p> Startups are engines of job creation.  Entrepreneurs intent on growing their businesses create the lion’s share of new jobs, in every part of the country and in every industry.  And it is entrepreneurs in clean energy, medicine, advanced manufacturing, information technology, and other innovative fields who will build the new industries of the 21st century, and solve some of our toughest global challenges.</p> <p> President Obama has called on both the federal government and the private sector to dramatically increase the prevalence and success of entrepreneurs across the country.</p> <p> First, the Obama Administration is rolling out a set of entrepreneur-focused policy initiatives in five areas: </p> <ol> <li> Unlocking Access to Capital</li> <li> Connecting Mentors</li> <li> Reducing Barriers</li> <li> Accelerating Innovation</li> <li> Unleashing Market Opportunities</li> </ol> <p> <br/> Second, leaders in the private sector have launched the <a href="https://web.archive.org/web/20110723014836/http://www.startupamericapartnership.org/">Startup America Partnership</a>, an independent alliance of entrepreneurs, corporations, universities, foundations, and other leaders, joining together to fuel innovative, high-growth U.S. startups. </p> <p> What is the Startup America initiative delivering today?</p> <p> <strong>For Entrepreneurs</strong></p> <ul> <li> Platform to <a href="https://web.archive.org/web/20110723014836/http://reducingbarriers.ideascale.com/">submit ideas for reducing barriers</a> to entrepreneurship</li> <li> Private-sector services mobilized by the <a href="https://web.archive.org/web/20110723014836/http://www.startupamericapartnership.org/">Startup America Partnership</a></li> <li> More control over the <a href="https://web.archive.org/web/20110723014836/http://www.uspto.gov/news/pr/2011/11-24.jsp">speed of patent processing</a></li> <li> Enhanced access to <a href="https://web.archive.org/web/20110723014836/http://techportal.eere.energy.gov/category/startup_america">government-patented energy technology</a></li> <li> Mentorship and software for military families through <a href="https://web.archive.org/web/20110723014836/http://vetsfastlaunch.org/">Veteran Fast Launch</a></li> </ul> <p> <strong>For Investors</strong></p> <ul> <li> <a href="https://web.archive.org/web/20110723014836/http://www.treasury.gov/connect/blog/Pages/Startup-America-How-a-Small-Business-Tax-Cut-will-Support-Innovative,-High-Growth-Companies.aspx">No capital gains taxes</a> on qualified small business investments made throughout 2011</li> <li> Federally guaranteed leverage for <a href="https://web.archive.org/web/20110723014836/http://www.sba.gov/content/impact-investment-initiative">private funds that invest in clean energy, education, or underserved markets</a></li> <li> Streamlined rules for <a href="https://web.archive.org/web/20110723014836/http://www.cdfifund.gov/what_we_do/programs_id.asp?programID=5">private funds that invest in lower-income communities</a></li> </ul> <p> <strong>For Communities</strong></p> <ul> <li> <a href="https://web.archive.org/web/20110723014836/http://www.eda.gov/i6">New funding for proof of concept centers</a> that accelerate green technology innovation</li> <li> Nationwide engagement with Administration leaders on major new entrepreneurial opportunities in healthcare, clean energy, and <a href="https://web.archive.org/web/20110723014836/http://www.ed.gov/startupamerica">learning technology</a></li> </ul> <p> Learn more about Startup America:</p> <ul> <li> <a href="https://web.archive.org/web/20110723014836/http://www.whitehouse.gov/issues/startup-america-public">Obama Administration Commitments</a></li> <li> <a href="https://web.archive.org/web/20110723014836/http://whitehouse.gov/issues/startup-america-private">Private Sector Commitments</a></li> <li> <a href="https://web.archive.org/web/20110723014836/http://www.whitehouse.gov/photos-and-video/video/2011/01/31/startup-america">Startup America launch event</a> (video)</li> <li> <a href="https://web.archive.org/web/20110723014836/http://www.startupamericapartnership.org/">Startup America Partnership</a> (independent private-sector alliance)</li> </ul> <p> Related links:</p> <ul> <li> <a href="https://web.archive.org/web/20110723014836/http://www.whitehouse.gov/blog/2011/02/25/winning-future-small-businesses-cleveland">Winning the Future Forum on Small Business</a></li> <li> <a href="https://web.archive.org/web/20110723014836/http://www.whitehouse.gov/issues/economy/innovation">National Innovation Strategy</a></li> <li> <a href="https://web.archive.org/web/20110723014836/http://www.whitehouse.gov/blog/2010/09/27/president-obama-signs-small-business-jobs-act-learn-whats-it">Small Business Jobs Act</a></li> <li> <a href="https://web.archive.org/web/20110723014836/http://www.whitehouse.gov/blog/2010/11/19/celebrating-national-entrepreneurs-day">National Entrepreneurs’ Day</a></li> </ul> <p>  </p>  <script type="text/javascript" src="https://web.archive.org/web/20110723014836js_/http://s7.addthis.com/js/250/addthis_widget.js"></script> <div id="addthis-container"> <a class="addthis_button_email"><div id="addthis-email"></div></a> <a class="addthis_button_twitter"><div 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section-intro clearfix"> <div class="view-content"> <div class="item-list"> <h2 class="title">Related Blog Posts</h2> <ul class="related-content"> <li class="views-row views-row-1 views-row-odd views-row-first"><div class="date-line">July 21, 2011 12:21 PM EDT</div> <h3><a href="/web/20110723014836/http://www.whitehouse.gov/blog/2011/07/21/young-business-entrepreneurs-visit-white-house-buy-young-initiative">Young Business Entrepreneurs Visit the White House for the Buy Young Initiative</a></h3> <p>Young entrepreneurs and business owners from all around the country visit the White House for Our Time’s “Buy Young” Initiative and have a conversation on job creation and economic recovery. </p></li> <li class="views-row views-row-2 views-row-even"><div class="date-line">June 13, 2011 6:55 PM EDT</div> <h3><a href="/web/20110723014836/http://www.whitehouse.gov/blog/2011/06/13/connecting-personal-finance-sites">Connecting with Personal Finance Sites</a></h3> <a 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and Business Affairs at the Department of State, describes a White House Business Council roundtable in Stockton, California.</p></li> <li class="view-all"><a href="/web/20110723014836/http://www.whitehouse.gov/blog/issues/Startup-America">view all related blog posts</a></li> </ul> </div> </div> <div class="view-footer"> <style> ul.related-content li.views-row img {float: left; padding: 5px 10px 0 0;} </style> </div> </div> </div> </div> <div id="block-nodeblock-594" class="clear-block block block-nodeblock "> <div class="content"><div class="divide-fade"></div> </div> </div> <div id="block-views-related_videos-block_1" class="clear-block block block-views "> <div class="content"><div class="view view-related-videos view-id-related_videos view-display-id-block_1 view-dom-id-2 section-intro clearfix"> <div class="view-content"> <div class="item-list"> <h2 class="title">Related Video</h2> <ul class="related-content"> <li class="views-row views-row-1 views-row-odd views-row-first"> <div 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