Earlier this week, the Kauffman Foundation held its 2019 State of Entrepreneurship Address. One of the standout messages from the address is that we can all play a role in creating a more inclusive and prosperous economy by supporting local entrepreneurs. Entrepreneurship creates jobs, spurs innovation, and boosts community wealth. But only three out of every 1,000 people start a business each month. The remaining 997 can all play a role in helping them build their businesses, in ways big and small.
“Too many communities concentrate on attracting businesses from afar instead of growing them at home. In a thriving ecosystem, entrepreneurship empowers individuals; improves standards of living; and creates jobs, wealth, and innovation in the economy. We also know that new businesses create almost all net new jobs and improve our quality of life.” ~ Kauffman Foundation
What can you do to support entrepreneurs? Check out the checklist and watch the video below to get some ideas.
In the video below, The Kauffman Foundation takes us to three American entrepreneurial ecosystems where entrepreneurs share how support from their community helped them overcome the barriers they faced to succeed.
