Fifth annual Startup Day Across America is today

Tuesday August 1, 2017 0 comments Tags: Jared Polis, Startup Day Across America

 

WASHINGTON, D.C. -- Colorado U.S. Rep. Jared Polis announced he will participate in today's fifth annual Startup Day Across America, a nationwide initiative he started five years ago.startup-day-logo

The bipartisan effort provides local entrepreneurs with an opportunity to meet with elected officials, discuss how federal policy can eliminate barriers to achievement, and support their efforts to help entrepreneurs test new ideas, create new products, and grow business. 

“Five years ago, I launched Startup Day Across America as a way to get members of Congress to think about federal policy from the perspective of entrepreneurs,” Polis said.

“We’re a country that always strives for the next great idea, and we need federal policies that create avenues and pathways for ingenuity instead of roadblocks. 

“I look forward to visiting several startups and small businesses across my district (Aug. 1), and working with both Democrats and Republicans on implementing commonsense policies that encourage and support American innovation.”

According to the Kauffman Foundation, startups are responsible for most net new jobs in the United States.

Additional facts about startups:

  • New businesses account for nearly all-net new job creation and almost 20 percent of gross job creation.
  • Companies less than one year old with fewer than 10 employees have created an average of 1.5 million jobs per year over the past three decades.
  • The creation of one high tech job is projected to create 4.3 other jobs in a local economy.
  • The startup ecosystem isn’t exclusively in the Bay Area or New York City. In fact, according to the Kauffman Index of Startup Activity, the top ten states for startup activity in 2015 were Montana, Wyoming, North Dakota, Colorado, Vermont, South Dakota, Alaska, Idaho, Florida, and Nevada. Additionally, according to the Kauffman Index of Growth Entrepreneurship (which looks at how many entrepreneurial businesses are growing), cities like Washington, D.C.; Austin, TX; Columbus, OH; and Nashville, TN now rank above Boston, San Francisco, and New York City.

Polis, co-founder of the Caucus on Innovation and Entrepreneurship in the U.S. House of Representatives, started his first tech company as a college student and followed that up with an electronic greeting card website and Proflowers.com.

He is a leader in Congress on removing barriers to innovation and promoting access to technology through measures to ensure a free and open Internet.