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  • Looking For Speedups, Not Just Startups

    The White House launched its Startup America Partnership to better support potential ventures. “Our primary focus will be on accelerating the growth of high-growth companies.”

    Yesterday the White House launched its Startup America Partnership, a private sector campaign that is part of recent initiatives by the Obama Administration to better support—and thus wring more jobs out of—high potential ventures.

    The campaign isn’t limited to early-stage companies or specific sectors or regions. “Our focus is as much on what we think of as ‘speedups,’ not just startups, says Startup America’s chair, Steve Case, best known as co-founder of AOL and an architect of its ill-fated merger with Time Warner. “Our primary focus will be on accelerating the growth of high-growth companies. They have to be demonstrating that they’re pursuing some product or service that really has the potential to scale. With the capital or mentoring or partnerships or what have you, they can break through and go to the next level.”

    Beyond spurring more of this type of ‘growth’ entrepreneurship, metrics for the campaign’s success are fuzzy. “We’re soliciting ideas from everybody,” says Case, who calls the campaign a “multiyear effort.”

    Read More:

    http://www.businessweek.com/smallbiz/running_small_business/archives/2011/02/steve_case_looking_for_speedups_not_just_startups.html

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    Filed Under: Startup/Entrepreneur

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