Category: Featured

Indiana Study Examines Entrepreneurship, Poverty, and Self-Sufficiency

Since the economic downturn of 2008, the continued financial difficulties Americans are experiencing seems to come as no surprise.  Various government efforts, such as the expansion of safety-net programs, extended unemployment benefits and increased non-profit funding, have all been made in order to lower poverty rates. However, a recent study suggests that these measures may not constitute the entire answer to bringing more people out of poverty. In fact, in Indiana one researcher concludes that government may actually be inhibiting entrepreneurship and self-sufficiency. Continue reading “Indiana Study Examines Entrepreneurship, Poverty, and Self-Sufficiency”

Texas Prison Inmate Entrepreneurship Program Saves State $6 Million

A Texas non-profit is taking a different approach to rehabilitation. The Prison Entrepreneurship Program (PEP) aims to reduce convict recidivism by teaching prison inmates the entrepreneurial skills they need to be self-sustaining on the outside. Started in 2004, the PEP trains soon to be released inmates marketable business skills, encouraging them to think about the training in the context of starting their own businesses. The program has quickly become highly respected, with individuals and private foundations contributing more than $2 million each year to the PEP’s mission and Baylor University becoming a partner in 2013. Continue reading “Texas Prison Inmate Entrepreneurship Program Saves State $6 Million”

Southern States See Biggest Rise in Female Entrepreneurship

According to data collected by Expert Market, female entrepreneurship in the U.S. has been growing steadily over the last 20 years, increasing from 4.1 million female owned firms in 1997 to 9.1 million female owned firms in 2014. While the District of Columbia and Maryland are the states with the top two (respectively) highest percentages of female owned firms, southern states have seen the largest gains in female entrepreneurship over the span of the analysis – benefitting from record numbers of female owned businesses.

Continue reading “Southern States See Biggest Rise in Female Entrepreneurship”

Recent Study Shows that Crowdfunding Could Eliminate Gender Inequality in Entrepreneurship

A recent entrepreneurship study showed that crowdfunding could be an important resource for female entrepreneurs. The research, conducted by Kauffman and the Hebrew University of Jerusalem, claims that women account for 44 percent of investors on Kickstarter, a popular crowdfunding website.  Comparatively, female entrepreneurs only received 2.7 percent of venture funding between 2011 and 2013. Continue reading “Recent Study Shows that Crowdfunding Could Eliminate Gender Inequality in Entrepreneurship”

College Entrepreneurship Programs at North Kentucky University helps Students Raise more than $1 Million in Capital

Northern Kentucky University’s college entrepreneurship program may be one of the youngest in the nation; however, that doesn’t mean it hasn’t been prosperous. In only two years, the program has been successful at helping student entrepreneurs raise more than $1 million in capital between more than a dozen companies. Continue reading “College Entrepreneurship Programs at North Kentucky University helps Students Raise more than $1 Million in Capital”

Franchising Increasing for Entrepreneurial Minded Minorities

The demographic make up of the United States continues to evolve. The 2010 census found 49 percent of Americans consider themselves part of some minority group. The demographics of entrepreneurs also evolve and franchising has seen an uptick in minority group ownership. Consider the following entrepreneurship data and study summaries. Continue reading “Franchising Increasing for Entrepreneurial Minded Minorities”

city of denver open data website

Cities Open Data Programs Mean Entrepreneurial Growth

Entrepreneurs are being handed free public data by the government in an effort to improve transparency, engage the community, and spark entrepreneurial growth.  Public information that has not been open to the general public in the past is now being posted online by federal agencies.  The posted data ranges from a cities list of back taxes on properties to all of the fishing and hunting areas.  Entrepreneurs are then taking this information and turning it into cash.  The open data programs are finally gaining steam and business is booming for entrepreneurs across the country. Continue reading “Cities Open Data Programs Mean Entrepreneurial Growth”

entrepreneurs in government

Entrepreneur In Residence Programs – Could Colorado’s Government Be Next?

Look – just because government hasn’t done an awesome job on some things doesn’t mean I believe we should move to privatize everything. But I absolutely believe that employing some lessons from entrepreneurship and the input and implementation strategies of real entrepreneurs could be of tremendous value – and not just for government, but for grocery stores, and banks, and airlines and any other company that has gotten a little too big for its britches.  That is why I was super excited to hear about some legislative efforts to include entrepreneurs at the local and federal levels of government. Continue reading “Entrepreneur In Residence Programs – Could Colorado’s Government Be Next?”