White House to Announce Startup America Partnership to Foster Innovative, High-Growth Firms in United States
Kauffman Foundation CEO Carl Schramm named founding board member; Entrepreneur Steve Case to chair new alliance
Commitments secured from major corporations to accelerate entrepreneurship
Today, as part of President Obama’s national strategy to stimulate economic growth and the creation of quality jobs, the White House will announce the launch of the Startup America Partnership. The Partnership will receive launch funding from the Ewing Marion Kauffman Foundation and the Case Foundation, and act as an independent private-sector alliance intended to dramatically increase the development, prevalence and success of innovative, high-growth U.S. firms. Carl Schramm, CEO of the Kauffman Foundation, will serve as a founding board member of the effort, and Steve Case, co-founder of AOL, CEO of Revolution LLC and chairman of the Case Foundation, will be chair of the Partnership.
The Startup America Partnership will work closely with the White House to advance the goals of its Startup America initiative. The Partnership will bring together top entrepreneurs, start-up firm funders, CEOs, university presidents, foundations, and other leaders to help entrepreneurial companies start or grow. Partners (including corporations, foundations, startup funders, CEOs, and others) will contribute funds to existing proven models or develop new programs and efforts to help entrepreneurs.
More than a dozen organizations have already made commitments, including the Blackstone Group, Microsoft, Pearson Foundation, Ernst & Young, Google, New Markets Education Partners and the Intel Corporation.
Read more about the announcement.
