Kauffman Foundation Senior Fellow Testifies Before Members of the U.S. House Committee on Small Business

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Jonathan Ortmans presents testimony on the changing rate of business creation in America

Kauffman Foundation Senior Fellow Jonathan Ortmans testified before the U.S. House Committee on Small Business in Washington, D.C., today, regarding the changing rate of business creation in America. He spoke to the Contracting and Workforce Subcommittee’s hearing titled, “The Decline in Business Formation: Implications for Entrepreneurship and the Economy.”

In addition to sharing research studies that show a declining business-creation rate in the U.S. throughout the past few decades, Ortmans highlighted policy tools to reverse the decline, including:

  •     How reform of U.S. immigration laws can promote innovation and new firm formation and growth
  •     Changes in regulatory requirements
  •     Student debt relief

View the full text of Ortmans’ prepared testimony.

Based in Washington, D.C., Ortmans advises the Kauffman Foundation on its global footprint and its interface with policymakers. He runs the Policy Dialogue on Entrepreneurship, an initiative to focus the attention of policymakers and opinion leaders on the importance of entrepreneurship to the economy and society.

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.

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