Despite it being an election year and a period in American history of great political divide, the prospect that Washington, DC might actually get something done to make the path easier for nascent entrepreneurs and young firms is looking more promising. This past week saw lots of activity at both ends of Pennsylvania Avenue. First, on January 31st –the one-year anniversary of both the White House Startup America Initiative and the private-sector Startup America Partnership—President Barack Obama sent a “Startup America Legislative Agenda” to Congress. The following day, I took part in an official Senate roundtable on Capitol Hill focused on developing more high-growth entrepreneurship legislation. Add to this the efforts to support new and young firms announced in late 2011, particularly the Startup Act, and you have the most active pro-startup focus Washington has ever seen.
Accelerating the emergence of new high-growth firms is mostly about helping cities and educational institutions foster new communities of bottom up nascent entrepreneurs. However, government sets the rules and incentives and can play a vital role in encouraging more Americans to take risk from the top. This is
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