From either side of the aisle, Congress members are backing startups because they see the potential for job growth for Americans. House Representatives Darrell Issa, California (R.), and Jared Polis, Colorado (D.) are working together to promote an official day dedicated to promoting startup businesses.
Startup Day Across America, which will be held on Aug. 5, will host special events geared toward putting the spotlight on these job-creating startup companies. According to Upstart Business Journal, startup companies “have created 2 million jobs in the United States since 2008.”
Issa and Polis, who both have backgrounds in small-business ownership, have formed the bipartisan Congressional Caucus on Innovation and Entrepreneurship. This caucus is meant to stimulate American startups by removing barriers to job creation and seeking support from local communities, educational institutions and venture capital firms, according to The Hill.
“As our nation’s economic success continues to rely on innovation, entrepreneurs and small-business owners are in the best position to evolve and adapt,” the Congressmen wrote in an op-ed published by The Hill.
They also wrote, “…many members of our communities do not know these innovative companies exist, while many startup companies themselves may not know how or where to access available resources to help their company succeed.”
Their caucus aims to push the economy forward by bringing these business-minded individuals together, and spreading knowledge about the untapped potential of startups and how they and the government can help boost each other financially.