When President Barack Obama took office, one of his first challenges was the United States economy and its veritable freefall. To an effort to slow that downward spiral, he signed into law the American Recovery and Reinvestment Act (ARRA), a program designed to fund—and you would have heard this term 10,000 times by now—“shovel ready” projects that could help bolster the US economy.
For many—myopically disposed or not—the tech startup scene seemed to hold hold any number of said projects with the potential to positively effect both job creation and wealth creation. Unfortunately, government efforts didn’t seem to focus much on that aspect of the economy. Until now. Yesterday, Obama introduced the Startup America Partnership. Read More