Friday, 1 November 2013

The Daily Idea from Harvard Business Review

  Daily Idea - Harvard Business Review

November 01, 2013

Entrepreneurially-Minded Politicians Should Put Their Money Where Their Mouths Are


Entrepreneurship. It's a buzz word that pols and policymakers love to use in speeches, proposals, and memos. Startups and small businesses, they say, are the key to growth and job creation. And they aren't lying. But if they really mean what they say, they should put their money where their mouths are. Entrepreneurs need help — especially if they're trying to make bread outside of Silicon Valley, New York, or Boston — and encouragement isn't going to cut it. Incentives, fellowships, residencies, healthcare, gap funds, tax breaks, you name it — any (or all) of these things would go a long way toward increasing a local entrepreneur's odds of success.

SOURCE: Stop Paying Entrepreneurs in Lip Service by Maxwell Wessel and James Allworth


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