Kauffman President Sees Positive Signs on Horizon for U.S. Entrepreneurship

Tom McDonnell, President and CEO of the Kauffman Foundation, on Tuesday presented the organization's outlook on the current level of entrepreneurial activity in the U.S.. He began with news that there was growing national consensus that entrepreneurs can help promote growth in the sluggish economy, but cited challenges in capital financing and regulations. He directed many of his recommendations towards federal agencies, including the Federal Reserve and the SEC, urging better data collection efforts, improved metrics, and consideration of innovation in developing regulatory policy. Small Business Administrator Karen Mills then outlined three distinct agency strategies to promote entrepreneurial ecosystems before the session concluded with a panel discussion. Watch the address...