Business Startup Roundtable About Small Business Loans
A group of Colorado business leaders told White House officials that the government needs to do more to help entrepreneurs by easing the application process for research grants, eliminating taxes on sweat equity, and putting more Small Business Administration (SBA) loans in the hands of business startup investors. The delegation from Boulder, Colorado were participants in a roundtable meeting hosted by President Barack Obama's Startup America initiative. The program is designed to "accelerate high-growth entrepreneurs."
To maintain a healthy economy and a competitive presence in the global market, US high-growth entrepreneurial firms must not have their growth hampered by excessive regulation. Officials hope to gain some "action-oriented" ideas from people who are confronting the challenges of entrepreneurship on a daily basis. The results from the Startup America panel discussions will be provided in a report to President Obama and other federal agencies.