Kauffman VP hops on national TV to discuss gaps in entrepreneurship
May 8, 2017 | Bobby Burch
The Ewing Marion Kauffman Foundation’s vice president of entrepreneurship recently took to national television to examine declining startup rates.
CNBC recently featured Victor Hwang to discuss the trend in declining startup rates, including generational gaps, cultural shifts, limited access to capital and the impact of regulations.
“It’s hard to pin it down exactly,” Hwang told CNBC. “There seem to be some cultural forces at work. It seems like entrepreneurship is starting to fall and we’re seeing a decline of economic dynamism. The Millennial set actually has much lower rates of entrepreneurship than you find in prior generations.”
In February, Kauffman Foundation leadership took to Washington D.C. to discuss common struggles entrepreneurs face, possible solutions and emerging trends with lawmakers. That visit also highlighted the foundation’s Zero Barriers to Startup Challenge, which is a collaborative, nationwide effort to identify barriers that get in the way of new business creation.
To learn more about three “megatrends” that have grabbed the foundation’s attention and informed some of its efforts to help reverse the startup deficit, check out this story.
Check out Hwang’s CNBC appearance below.
2017 Startups to Watch
stats here
Related Posts on Startland News
FCC commissioner Ajit Pai’s six strategic steps to close the digital divide
In his second visit to Kansas City within the last six months, Federal Communications Commission Commissioner Ajit Pai stopped by Think Big Tuesday as part of his fight to close the digital divide. Growing up in a small Kansas town three hours south of the metro, Pai said he’s familiar with the energy and vitality…
New regulations yield opportunity for animal feed tech startup
Editor’s note: This content is sponsored by LaunchKC but independently produced by Startland News. Growing up, Gretchen Henry’s family farmed cotton in Southeast Missouri. Although most are familiar with the white, pillowy substance we find in our clothes, use to wash our face or clean our ears, animals also eat it. Livestock feed features many…
EyeVerify CEO Toby Rush offers an update on hiring plans, global expansion
When your goal is to more than quadruple your company’s user base — from 450 million to 2 billion people — it usually entails a world of change. And such is the case for Kansas City-based EyeVerify, a biometrics startup that recently sold to Alibaba affiliate Ant Financial for more than $100 million. Startland News spoke…
Global content marketers dub DivvyHQ as their No. 1 platform
Editor’s note: In response to readers’ desire for quick-hitting stories, Startland News is launching a new segment, “News Flash,” to enable more coverage. Let us know what you think! DivvyHQ is riding a wave of excitement after its peers in the world of content marketing recently voted the company as the best solution in its…