America's New Business Plan
We have a nonpartisan plan for policymakers that is focused on creating new, good jobs and rebuilding an economy that works for everyone.
America’s New Business Plan offers a nonpartisan policy roadmap to create a more inclusive economy by building a prepared workforce and concentrating on entrepreneur-focused economic development. The four-part plan focuses on creating new, good jobs and rebuilding an economy that works for everyone, with practical and achievable ideas that can be implemented starting now.
The specific policies outlined in this plan are aimed at helping federal, state, and local governments close gaps based on race, gender, and geography while increasing opportunity for all and growing the economy.
This is America’s New Business Plan – the transformative and collaborative change we need for a strong future.
The Four Pillars
America’s New Business Plan is a four-part nonpartisan policy roadmap focused on creating a more inclusive economy by building a prepared workforce and concentrating on entrepreneur-focused economic development.
Access to Opportunity
A Level Playing Field That Reduces Barriers
Ensuring the opportunity of entrepreneurship is available to all requires action to address the underlying and well-documented systemic barriers.
Access to Funding
A Holistic, Accessible, and Innovative Approach to Capital
When business owners do not have access to personal funds or quality capital, they are less able to take the risks necessary to grow their businesses, artificially stifling the marketplace.
Access to Knowledge
Real World Experience for the Workforce and to Start a Business
To have a prepared workforce and support entrepreneurs, we need to expand our education systems to include real-world learning experiences and hold systems and institutions accountable, preparing the next generation to be problem solvers and creators of change.
Access to Support
The Ability for All to Take Risks
Policymakers can ensure the next generation of entrepreneurs is not locked out of opportunities to improve their economic situations by helping all Americans build stable, mobile, and – eventually – prosperous financial futures.
Latest from Start Us Up
The past two years have shown us that despite the will of the American people and aspiring entrepreneurs across the country, our nation’s systems continue to impact different populations in significantly different ways. Our nation’s wealth gap remains jarring and evident throughout the process of starting a business. Black households hold a median net worth […]
Biden Administration Announces New Plan to Remove Barriers to Entry for Small Business EntrepreneursOn April 28, the Biden administration released a new plan intended to reduce barriers and increase access to capital for small business entrepreneurs. This plan speaks to one of the biggest challenges America’s New Business Plan is trying to solve: equitable access to financial capital. Here are some highlights from the administration’s plan: Expanding loans […]
It’s been more than 100 years since the Tulsa Race Massacre, when mobs of white residents destroyed what was then known as “Black Wall Street” in the prosperous Greenwood District in Tulsa, Oklahoma. After that historic moment, once-thriving Black business districts throughout the country experienced disruption and decline. Today, despite being one of the last […]
By Philip GaskinVice President of Entrepreneurship, Kauffman Foundation Entrepreneurship is key to inclusively rebuilding American infrastructure, but half of our nation’s potential entrepreneurs are sitting on the sidelines. We don’t have the luxury of ignoring any of the resources at our disposal in this competitive global economy. Women and racial minorities represent the last, great untapped […]
Last week, Philip Gaskin, Vice President of Entrepreneurship at the Kauffman Foundation, testified before the House Financial Services Subcommittee on Diversity and Inclusion on ways to reduce barriers for women and minority-owned businesses. Gaskin’s testimony highlighted the role that new and small business play, serving as the engine of innovation and continued reinvention of our […]