Problem: The DCAA (Defense Contracts Audit Agency) conducts audits of defense and security-related contractors, in order to insure that public dollars are being well spent. These audits, while necessary, create a tremendous bookkeeping burden on small businesses, as they seek to comply with all the financial data rules imposed by DCAA. However, DCAA is not allowed to suggest easier bookkeeping methods (such as available ...more »
Problem: When SBIR RFPs are released they are often outdated and behind in terms of what the private sector needs.
Solution: Create a two-way communication mechanism that takes into account private sector needs before an SBIR RFP is issued.
Advertise, use community colleges and local SBA to locate small (micro) businesses that are currently in operation ( businesses must meet basic criteria i.e. environmentally sound, equal opportunity employer etc.) and ask simple pointed questions like.. what one thing will help your business get to the next level of operation? Pool that data by region and analyze looking for patterns. Invest in new ideas and start ...more »
Dollar for Dollar tax credit on New Employees. Rather than sending 6-figure tax dollars in each year, let's put the money straight into circulation while creating jobs at the same time! Let me use those dollars to hire new employees.
Simplify tax reporting. As a business owner, between state and national taxes, we file over fives different returns for a single business. You have to be a tax expert or hire outside experts just to file taxes in the right way. The barrier is very high for new enterprises with this complexity.
As transactions move online for many startups the cost of processing transactions, staying PCI compliant and dealing with chargebacks, etc. is a huge barrier to growth. 3% to 5% of your gross revenue may go directly into the hands of credit card companies. A federal electronic payment system would offer a non-profit alternative to collecting online payments. The US Dollar needs to keep up with our changing world.
Entrepreneurism is not something that can be learned in the classroom. It has to be learned in the field - actually doing it. Coordination between high school and college - and the local small business community would provide a "transition bridge" for young entrepreneurs to hone their skills. At the same time the program would provide needed energetic talent to help small business adapt to the future. StartUpAmerica ...more »
Entrepreneur's who are trying to start and scale companies need more low cost yet knowledgable resources available that are easily accessible, written in an easily understandable manner and sorted so that it makes sense and the answers are easily found. I deal with thriving entrerpeneur's everyday that simply don't know WHERE to start. Or more networking opportunities online in an Entrepreneur's helping Entrepreneur's ...more »
At present our public libraries have been rendered mostly irrelevant. Aside from helping those without technology access and providing an after school safe haven for "lock key kids," their usefulness is limited. But it doesn't need to that way. Imagine libraries being a place where entrepreneurs and students could collaborate. Create "incubation pods" in libraries complete with technology and business support material ...more »
Bring the concept of Babson's entrepreneurship dorm, ETower, into the real world. Entrepreneurial cities need to allow entrepreneurs to live in incubators. Zoning laws typically only allow artists to live where they work. Launching out of an apartment is not as effective as launching out of an incubator, but it's an added expense. Young entrepreneurs, frequently fresh out of college with flexible living requirements, ...more »
When America need ideas to compete and to help every day Americans even the world. Whosoever have an idea to benefit our country,cannot help because there is no help in financial protection, finance for development and help getting the idea to industry. There are companies out there that say they are there to help but they want your finance and your idea and you are left without real assistance. The idea is let's make ...more »
Look at Portland as a model for community & growth in start-ups… There are 5-6 sectors or clusters in PDX that make it a nearly perfect test environment: tech & open-source, alternative energy, meteoric rise of iPhone/iPad & mobile apps, sustainable/environmental base of companies & people, a notable PDX bike-culture, a prominent locals/foods culture (restaurants, farms, vineyards, breweries, etc) and an overall open-source ...more »