Barack Obama Loves Startups: New Federal Office for Early-Stage Entrepreneurs

September 28, 2009 at 12:30 am PT

According to a Bloomberg report this morning, early-stage startups have a new friend in very high places.

The U.S. Commerce Department is establishing a new Office for Entrepreneurship and Innovation specifically to help entrepreneurs develop great ideas into workable business plans by giving them training, funding, advisement, access to data, and a big pair of federal-sized scissors for cutting through the red tape of starting a new business.

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Tagged with: Barak Obama, digital, econalypse, economy, innovation, Internet, Jolie O’Dell, Microsoft, Microsoft Biz Spark, politics, ReadWriteWeb, seedcamp

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