Kansas City, MO (PRWEB) April 10, 2014
Citing research that highlights the vital importance of new, young and growing companies to the economy, the Kauffman Foundation today issued an Entrepreneurship Policy Digest that highlights a new approach to promoting entrepreneurship at the state and local level.
The Policy Digest states that the traditional approach of investments and incubators is ineffective in promoting entrepreneurship and suggests implementing a new plan that includes an entrepreneur-centered approach.
The new approach in the Policy Digest recommends the following:
Cultivate Networks and Support Across Entrepreneurial Stages
Reinvent Investments and Incubators
Let Entrepreneurs In
Let Entrepreneurs Compete
The Kauffman Foundation’s Policy Digests consist of summaries of findings around relevant policy issues that will inform and educate policymakers. To read the entire Policy Digest on the dos and don’ts and to sign up to receive subsequent Digests, go to http://www.kauffman.org/policydigest.
About the Kauffman Foundation
The Ewing Marion Kauffman Foundation is a private, nonpartisan foundation that aims to foster economic independence by advancing educational achievement and entrepreneurial success. Founded by late entrepreneur and philanthropist Ewing Marion Kauffman, the Foundation is based in Kansas City, Mo., and has approximately $2 billion in assets. For more information, visit http://www.kauffman.org, and follow the Foundation on http://www.twitter.com/kauffmanfdn and http://www.facebook.com/kauffmanfdn.