Entrepreneurs and their young businesses have the potential to accelerate the national economic recovery this year, but only if they get a little help from federal regulators, according to a number of start-up founders, investors and researchers who spoke at a policy event on Tuesday in Washington.
And for the most part, their plea to regulators was succinct: Just get out of the way.
“The spirit of the JOBS Act was to encourage innovation and expand the experimental platform of crowdfunding, and its successes or failures should be determined in the marketplace, not by regulators,” Kauffman Foundation chief executive Tom McDonnell said during his group’s annual State of Entrepreneurship address, highlighting one of many opportunities he says the federal government has this year to remove financial barriers for entrepreneurs and encourage growth and hiring by early-stage businesses.
Read more at the Washington Post