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5 Ways Federal Government Can Boost Entrepreneurship

May 12, 2011   ·   0 Comments

This afternoon in Boulder I’ll be on a panel as part of the White House Startup America Roundtable. If you weren’t invited to the event, there is a web site called Reducing Barriers to Innovation that you can participate in.

Over the past few years, I’ve spent some time thinking about how the government can help entrepreneurship. It started with my role as the co-chairman of the Colorado Governors Innovation Council which was my first involvement in any formal way with any government initiative. More recently, I’ve focused my energy on the Startup Visa movement and the Startup America Partnership.

When I was reviewing the agenda for the Reducing Barriers to Innovation program, the goal of the program was pretty clear:

The Startup America: Reducing Barriers event is a regional platform that allows federal agencies to hear directly, from entrepreneurs and local leaders like you, how we can achieve our goal of reducing the barriers faced by America’s entrepreneurs. Senior Obama administration officials need input on what changes are needed to build a more supportive environment for entrepreneurship.

On my run yesterday, I mulled over the big activities that I thought the federal government could do to “build a more supportive environment for entrepreneurship.” I came up with five things that I think are relatively easy to measure over the long run. Following are short thoughts on each of these areas with one specific idea (in italics) that I think would materially impact entrepreneurship in America in a positive way.

I’m continuing to think through this and refine my thoughts on it, so as always I’m open to any and all feedback, including “Feld — you are such a knucklehead — that’s a stupid idea and will never work, but try this.” Fire away.

This post originally appeared on www.Feld.com.

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