Chad Evans, GCF2012 presentation

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Chad Evans, GCF2012 presentation

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Chad Evans, GCF2012 presentation

  1. 1. GCF 2012 “ The Entrepreneurship Imperative” 21-24 January 2012 Chad Evans Senior Vice President Council on Competitiveness
  2. 2. Why is Entrepreneurship Critical?
  3. 3. U.S. Snapshot: Silver Lining– The United Stated Is One of the Easiest Places to Start a Business Source: World Bank, 2012 Doing Business
  4. 4. U.S. Snapshot: Silver Lining– The United Stated Is One of the Easiest Places to Start a Business Sources: Center for Venture Research, National Venture Capital Association, Small Business Administration
  5. 5. U.S. Snapshot: Storm Clouds 1. Calculated using U.S. Bureau of Labor Statistics Business Employment Dynamics data set. The annual number indicates the number of businesses less than one year old that were in existence in March of that year.
  6. 6. U.S. Snapshot: Storm Clouds Source: U.S. Bureau of Labor Statistics
  7. 7. Start-Up to Scale-Up Illustrative and signals bulk of investment focus. Exceptions can always be found. Source: Council on Competitiveness, Make: An American Manufacturing Movement
  8. 8. U.S. Snapshot: Public and Private Sector Response <ul><li>Welcome New Firm Founders to the United States Who Could Build Scale Companies </li></ul><ul><li>Finance Scale Firms and Their Growth </li></ul><ul><li>Accelerate the Formation and Commercialization of New Ideas </li></ul><ul><li>Remove Barriers to Formation and Growth of Scale Businesses </li></ul>
  9. 9. Do Tax Cuts Reward Risk Takers? From Alan B. Krueger, Chairman, Council of Economic Advisers ( January 12, 2012) The Rise and Consequences of Inequality Data source: U.S. Bureau of Labor Statistics

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