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What is Startup America?
What is the Startup America Partnership?
What are the goals of the Startup America Partnership, and how does it work?
What is NACCE's role in the Startup America Partnership?
What will NACCE specifically be doing in its role as an affiliate?
Why is NACCE participating in the Startup America Partnership?
Why is the federal government involved?
Where is the funding coming from? What is the total budget?
Who is the leadership of the Startup America Partnership?
What type of assistance, if any, will be provided to entrepreneurs?
How will the Startup America Partnership help create more jobs and contribute to economic recovery?


What is Startup America?

Startup America is the White House campaign to celebrate, inspire, and accelerate high-growth entrepreneurship throughout the nation.

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What is the Startup America Partnership?

The Startup America Partnership is an independent, private-sector coalition of major corporations, advisors, funders, service providers and mentors working to dramatically increase the prevalence and success of American entrepreneurs.

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What are the goals of the Startup America Partnership, and how does it work?

The Startup America Partnership is focused on bringing the private sector together to maximize the success of America's entrepreneurs – and maximize America's competitiveness in an increasingly global world. Through quality resources provided by its partners, the Startup America Partnership is going to help more startups smartly grow their organizations, expanding from dozens of employees to hundreds and someday thousands to become high-growth firms (called "speed-ups”).

While the Startup America Partnership is national in scope, it also recognizes that building up regional entrepreneurial ecosystems will help spur the creation of more startups and speedups. The Startup America Partnership will highlight best practices, and convene leaders in different regions and sectors, with the goal of creating hyper-growth ecosystems around the nation. The partnership will also showcase a wide range of entrepreneurs and elevate them as innovators and job creators, while celebrating entrepreneurship as a core American value.

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What is NACCE's role in the Startup America Partnership?

NACCE is an affiliate of Startup America and has committed to foster entrepreneurship and work with the Startup America Partnership to spur the creation, scale and support of entrepreneurs.

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What will NACCE specifically be doing in its role as an affiliate?

NACCE's role in the new initiative comes through its participation in a pilot program of the American Association of Community Colleges (AACC) that will see the launch of a Virtual Incubation Network at 11 colleges in 11 states. Funded through a $995,000 grant from The Charles Stewart Mott Foundation, the pilot program will be implemented by AACC in collaboration with NACCE, the U.S. Small Business Administration, and ultimately through partnerships with Small Business Development Centers, many of which are operated on community college campuses. Business incubation has long been a valuable resource for business start-ups and virtual incubation holds great potential to assist would-be entrepreneurs all across the country.

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Why is NACCE participating in the Startup America Partnership?

In the 2010 State of the Union address, President Obama highlighted community colleges as a strategic component of the nation's economic recovery and the creation of new jobs over the last two years. To have the role of community colleges in increasing entrepreneurship recognized by the Obama Administration is adding new energy to the NACCE community. We look forward to continuing to work closely with the Administration and with all the members of the Startup America Partnership to enable more Americans to make their entrepreneurial dreams a reality.

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Why is the federal government involved?

New and young firms (those less than five years old) have been responsible for creating all of the net new jobs in the United States during the past three decades. The need for additional jobs is greater than ever in this country, and entrepreneurs provide the best path forward for creating these jobs. The White House recognizes that the most effective way to stimulate entrepreneurship is through the private sector. And while the U.S. government is a key partner, the Startup America Partnership is an independent, nonprofit entity (NGO) that is focused on bringing the private sector together to maximize the success of America's entrepreneurs – and maximize America's competitiveness in an increasingly global world.

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Where is the funding coming from? What is the total budget?

The Startup America Partnership is a private, nonprofit entity that does not receive any federal funding. The Case Foundation and The Ewing Marion Kauffman Foundation have provided initial funding for the staff and operations. The Startup America Partnership staff is, in turn, marshaling other private-sector resources (such as corporations, foundations, universities, CEOs, etc.) to develop new entrepreneurship support programs and/or scale existing, successful models.

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Who is the leadership of the Startup America Partnership?

Scott Case, a proven entrepreneur and co-founder of Priceline.com, is CEO and board member of the Startup America Partnership.

The founding advisory board members for the Startup America Partnership are:

Chair: Steve Case AOL co-founder, Revolution, LLC chairman, and chairman of the Case Foundation

Founding board member: Carl J. Schramm, president and CEO of the Ewing Marion Kauffman Foundation

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What type of assistance, if any, will be provided to entrepreneurs?

The Startup America Partnership will not itself provide direct assistance to entrepreneurs, but it will serve as a force that expands the availability and effectiveness of resources for entrepreneurs and scale those programs that have proven successful. By bringing together the combined experience and resources of leading companies, foundations, mentors and other funders, the Startup America Partnership seeks to build and replicate model ecosystems where entrepreneurship can thrive and where the resources of participating organizations are allocated in the most impactful way.

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How will the Startup America Partnership help create more jobs and contribute to economic recovery?

Startups have generated almost all net job creation over the past three decades. The Startup America Partnership will work to increase the number of entrepreneurs who can take their ideas from initial concept to high-growth, scalability and provide additional jobs, economic growth, and bring new innovations to the marketplace.

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