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WASHINGTON – To promote the significant strategic and economic benefits of locating Amazon’s second corporate headquarters in the Kansas City area, members of the Kansas and Missouri congressional delegations today sent a letter to Amazon’s Office of Economic Development in support of the proposal submitted by the Kansas City Area Development Council. This bipartisan letter was led by U.S. Senator Jerry Moran (R-KS) and signed by U.S. Senator Pat Roberts (R-KS) and U.S. Representatives Lynn Jenkins (KS-02), Kevin Yoder (KS-03), Sam Graves (MO-6), Emanuel Cleaver, II (MO-5) and Vicky Hartzler (MO-4).
“As Amazon’s Office of Economic Development considers potential sites for a second corporate headquarters, we write in support of the proposal submitted by the Kansas City Area Development Council on behalf of the entire Kansas City region, including Kansas and Missouri,” the members wrote. “The diversity of exemplary educational institutions in the area will naturally serve as an abundant source of skilled labor to Amazon as it has for existing employers in the region, and access to the top quality public and private educational opportunities in the country continue to draw families to the Kansas City area.”
“As a bipartisan, bi-state coalition of United States Senators and Representatives, we strongly support the qualified proposal submitted by the Kansas City Area Development Council,” the members continued. “Thank you for your full and fair consideration.”
Full text of the letter can be found below and attached:
October 19, 2017
Amazon
Office of Economic Development
c/o Site Manager Golden
2121 7th Avenue
Seattle, Washington 98121
To Whom It May Concern,
As Amazon’s Office of Economic Development considers potential sites for a second corporate headquarters, we write in support of the proposal submitted by the Kansas City Area Development Council on behalf of the entire Kansas City region, including Kansas and Missouri.
The Greater Kansas City region has a rich history of innovative technology companies like Sprint Corporation, Garmin International, and Cerner Corporation as well as a thriving startup community occupied by collaborative entrepreneurial partnerships like the Kansas City Startup Village and the Ewing Marion Kauffman Foundation.
Thanks to Google Fiber and followed by other ISPs, Kansas City is the nation’s first bistate gigabit Internet region. Amazon employees will be able to access this network at their homes throughout the region and this infrastructure allows tremendous opportunities for business resilience programming as well as distance working opportunities.
The diversity of exemplary educational institutions in the area will naturally serve as an abundant source of skilled labor to Amazon as it has for existing employers in the region, and access to the top quality public and private educational opportunities in the country continue to draw families to the Kansas City area.
Amazon recognizes the strategic location of the Kansas City metropolitan area with a number of Amazon facilities, including the selection of Edgerton, and Kansas City, Kansas for two state-of-the-art fulfillment centers. These distribution centers benefit from well-established and advanced transportation infrastructure, including connecting interstate highways and rail lines along with numerous regional airports and KC’s international airport for the efficient and effective transportation of products and people. With local economic development partners like KC SmartPort, international trade continues to expand in the region. In addition, the RideKC program and MAX Bus Rapid Transit services offer accessible, expedient, and safe commutes for employees and their families.
In the last decade, Kansas City has revitalized its downtown area, including the vibrant Power & Light District, an eight-block development which offers an exciting urban lifestyle filled with easily accessible shopping, dining and entertainment. The 20,000 seat indoor arena, Sprint Center, is host to numerous headlining concerts and the Big 12 Men's Basketball Tournament in 2008 and every year since 2010. These developments, along with the new Kansas City Streetcar, have prompted more than $2 billion in downtown economic investments, with an explosion in the number of downtown residents. In addition, Kansas City is also recognized as a great place to raise a family with an abundance of quality housing options – from urban to suburban - and recent economic development investments.
Locals enjoy a wide-range of dynamic entertainment and cultural landmarks like the U.S. Open Cup Champion Sporting Kansas City MLS team, the 2015 World Series Champion Kansas City Royals, the city’s vibrant arts community at the Nelson-Atkins Museum of Art or the Grammy-winning Kansas City Symphony, or exciting NASCAR events at the Kansas Speedway. The area also maintains some of the best parks and recreational destinations in the nation according to the National Park and Recreation Association. Kansas City remains an epicenter supporting small business owners who find a creative community that welcomes their independent shops and entrepreneurial dreams.
As a bipartisan, bistate coalition of United States Senators and Representatives, we strongly support the qualified proposal submitted by the Kansas City Area Development Council. Thank you for your full and fair consideration.
Sincerely,
Senator Jerry Moran (R-KS)
Senator Pat Roberts (R-KS)
Congresswoman Lynn Jenkins (KS-02)
Congressman Kevin Yoder (KS-03)
Congressman Sam Graves (MO-6)
Congressman Emanuel Cleaver, II (MO-5)
Congresswoman Vicky Hartzler (MO-4)
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WASHINGTON – U.S. Senator Jerry Moran (R-Kan.) issued the following statement today after voting in support of the Fiscal Year 2018 budget, the first legislative step toward considering tax reform:
“Our tax code should work for American families, not against them. Kansans know how critical tax reform is to their ability to find quality jobs, start small businesses, or pay for household items and utility bills every month. In the more than 30 years since we last passed major tax reform, the national and global economies have changed dramatically. We must adapt as well by establishing a fairer and simpler tax code to empower American individuals to succeed and American businesses to compete. Today’s budget vote is the first legislative step in the right direction, and I look forward to continuing to work with Kansans, the Administration and my colleagues in developing this legislation.”
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What They Are Saying: Startup Act
Oct 17 2017
WASHINGTON – U.S. Senators Jerry Moran (R-Kan.) and Mark Warner (D-Va.), along with Senators Roy Blunt (R-Mo.) and Amy Klobuchar (D-Minn.), recently introduced the Startup Act – bipartisan jobs legislation to encourage creation and growth of new business. The Startup Act has received praise from businesses, universities and foundations, including the Ewing Marion Kauffman Foundation, Sprint Corporation, Kansas State University and the Kansas City Chamber of Commerce. Statements in support of the Startup Act are included below.
Jason Wiens, Director of Policy, Ewing Marion Kauffman Foundation:
“Too many have been left out of our economy. There’s a connection between the long-term decline in entrepreneurship and the effect on productivity, growth and wages. Put simply, fewer startups means a lower quality of life for all Americans. We need more startups, fast. Based on research, we know that skilled immigrants are more likely than native-born to start new business that hire Americans. Job creation, innovation and overall quality of life for all Americans would receive a boost by increasing the numbers of entrepreneurs in our nation, whether American or foreign-born.”
Sprint Corporation:
“Sprint commends Senators Moran and Warner for their leadership to retain foreign students in the STEM fields with the introduction of the Startup Act. It is critical for American competitiveness that we have the ability to attract and retain top talent from around the world. We look forward to working with the Senate in advancing this important legislation.”
Kansas City Chamber of Commerce:
“The Kansas City Chamber is very supportive of the Startup Act as a valuable initiative to help reduce many barriers for these small business owners who are key to future growth of our economy. Our members have seen firsthand the power of progressive policy to encourage reduce barriers to growth and support opportunities to advance investment in small business. Thank you to Senator Moran and your team for continuing to fight for these commonsense measures to help businesses grow and allow foreign born entrepreneurs to build businesses, create jobs and contribute to the nation’s economy.”
Kent Glasscock, President, Kansas State University, Institute for Commercialization:
“It was with great pleasure that I learned of your plan to reintroduce the Start-Up Act legislation. As our university’s commercialization/economic development/corporate engagement entity, the Kansas State University Institute for Commercialization is daily engaged with entrepreneurs, entrepreneurial faculty and students, emerging companies and mature, established companies. As we strive at K-State to increase the velocity science and technology from our $180MM research enterprise into the global marketplace, we face great opportunities and challenges. Once again, Senator Moran, let me express my excitement and support of the Start-Up Act reintroduction. You continue to be a national leader in this very important arena.”
George Hansen, President & CEO, Enterprise Center of Johnson County:
“In order to foster an environment of innovation, the [Startup] Act needs to be approved. This act needs to be implemented so that the trend of creating new jobs through companies that are less than five years old continues. Research shows that entrepreneurs and their new business create an average of three million jobs per year.”
Engine, the Voice of Startups in Government:
“Engine has long supported the Startup Act, since its first introduction in 2011, and we’re excited to support the newest iteration of the bill. The bill would open up opportunities for entrepreneurs and U.S.-educated foreign students with graduate degrees in the STEM fields, remove per-country caps for employment-based visas, encourage university research to move to the market more quickly, and require agencies to evaluate the costs of new significant regulations to startups. This year’s version of the bill also includes a crucial new provision that would modernize the U.S. Economic Development Administration’s Regional Innovation Program. That program – which awards grants for innovative job-creating programs at the local and regional level and has seen decreased funding in recent years – would be restored to its original authorization level of $100 million and would be made available to more programs. Legislation that contains forward thinking immigration policies, research policies, and federal funding programs like this bill will help boost the U.S. startup ecosystem while adding jobs and economic growth. We thank Sens. Moran and Warner for their tireless work on these issues and hope Congress will move quickly on this measure.”
John R. Dearie, President, Center for American Entrepreneurship (CAE):
“The Center for American Entrepreneurship (CAE) applauds the re-introduction of the Start-up Act, important legislation that addresses one of the most urgent policy challenges confronting the nation – a significant and prolonged decline in American entrepreneurship. Given the critical role that start-ups play as the principal source of innovation, productivity gains, economic growth, and job creation, such circumstances amount to nothing short of a national emergency. Addressing that emergency by reversing the three-decade decline in American entrepreneurship requires changes in public policy. The Start-up Act, S.1877, would accelerate the commercialization of university research that can lead to new ventures, review and improve the regulatory processes at the federal, state, and local levels, and modernize a critical Economic Development Administration (EDA) program to promote innovation and spur economic growth. The legislation also creates both Entrepreneur and STEM visas for highly-educated individuals so they can remain in the United States legally to promote new ideas, launch new businesses, and create American jobs. CAE thanks co-sponsoring Senators Jerry Moran (R-Kan.), Mark Warner (D-Va.), Roy Blunt (R-Mo.), and Amy Klobuchar (D-Minn.) for their leadership. We look forward to working with the Senators, their Congressional colleagues, and the Administration to see the provisions of the Start-up Act enacted into law.”
Dean Garfield, President & CEO, Information Technology Industry Council (ITI):
“The Startup Act would help to create jobs, encourage entrepreneurship, and attract high-skilled, foreign-born innovators to work hand-in-hand with American businesses and technology companies. We are not doing enough as a country to support innovators that drive our economic engine and ensure global competitiveness. This bill would help to address that challenge in many ways, including lifting per-country caps for green cards and creating a new visa for foreign students who graduate from an American university with an advanced STEM degree. We commend Senators Moran, Warner, Blunt, and Klobuchar for their leadership on this issue and once again support his efforts.”
Gary Shapiro, President & CEO, Consumer Technology Association (CTA):
“We thank Sens. Jerry Moran (R-KS), Mark Warner (D-VA), Roy Blunt (R- MO) and Senator Amy Klobuchar (D-MN) for reintroducing the Startup Act. Without talented and bright immigrants, we wouldn't have many of the innovations we enjoy today or the 44 immigrant-founded billion-dollar startups that employ hundreds of thousands of Americans. The Startup Act recognizes the extraordinary contributions foreign-born entrepreneurs and STEM graduates make to our nation and gives them new visas so they can stay in America to grow their companies and create U.S. jobs. The bill also improves startups’ access to capital and reduces burdensome rules that inhibit investment. We look forward to working with this bipartisan group of Senators to make sure the Startup Act is one of the common sense immigration bills passed into law this Congress.”
Bobby Franklin, President & CEO, National Venture Capital Association (NVCA):
"On behalf of our nation’s venture capital investors and the entrepreneurs with whom they partner, I write in enthusiastic support of the Startup Act. Your continued dedication to promoting entrepreneurship is commendable, and we stand ready to help you advance your legislation. From one Congress to the next, the Startup Act has proven to be an effective platform for advancing pro-startup policy.... The common-sense immigration policies in the Startup Act are desperately needed, given it is easier than ever for top entrepreneurs to start new companies in their home country. Therefore, we must work hard to attract startups to our shores so our country will benefit from high-quality American jobs and innovation. U.S. Census data demonstrates that approximately 25% of U.S. entrepreneurs are immigrants and that 35-40% of all new companies have at least one immigrant entrepreneur connected to its creation. But immigrant entrepreneurs have not met their true potential because of the lack of a reliable immigration category, such as the startup visa created by your legislation. We also support your efforts to create STEM visas to ensure technological and scientific advancements occur in our country, rather than overseas."
Dan Berglund, President & CEO, SSTI:
“Our country has a number of assets that are yet to be taken fully advantage of in the effort to grow regional economies and create jobs. The Startup Act leverages these assets so that more research will get off of laboratory shelves, more entrepreneurs will succeed in creating new businesses and jobs, and we will have a better prepared workforce. I commend Senators Moran and Warner for their leadership in crafting this legislation, which will improve the economy for all Americans.”
Michael Beckerman, President & CEO, Internet Association:
“The internet industry applauds Senators Moran and Warner for their bipartisan leadership in fostering innovation and American jobs and supports the introduction of The Startup Act. This legislation will enable growing businesses in the U.S. to acquire the highly-skilled talent they need to continue succeed and create jobs in America. It will also allow STEM and computer science graduates trained in the U.S. to remain here and contribute to our economy instead of creating jobs and businesses abroad.”
Kelly Cole, Senior Vice President of Government Affairs, CTIA:
“CTIA applauds Senators Moran, Warner, Blunt and Klobuchar for introducing the Startup Act to encourage the creation and growth of innovative new businesses. Many of today's startups leverage today’s wireless networks, and the positive impact on our economy and daily life of these startups will be even more significant in a 5G world."
Ed Black, President & CEO, Computer & Communications Industry Association (CCIA):
"The bill takes important steps toward promoting innovation and a high tech workforce. The bill would create a new visa for foreign students who earn graduate degrees from American universities in science, technology, engineering or math (STEM). There is fierce competition for talent worldwide, so this bill helps American tech companies retain more of the best and brightest students from our own universities to grow new businesses and create jobs in the United States."
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WASHINGTON – U.S. Senator Jerry Moran (R-Kan.) today introduced Ms. Holly Teeter of Lenexa, Kan., as the Senate Judiciary Committee considered her nomination as a federal judge for the United States District Court for the District of Kansas.
“It’s a real pleasure and honor to be here in support of Holly Teeter,” said Sen. Moran. “Her capabilities, her intellect, her character, are at the highest levels. She will be a tremendous trial judge who hears the facts and makes a decision on the case based upon the circumstances and the law. This committee ought to feel very comfortable in supporting her nomination. This judgeship has been vacant in Kansas for a very long time and we are anxious to have justice dispensed by Judge Holly Teeter.”
If confirmed by the Senate, Teeter, a University of Kansas School of Law graduate, will join the United States District Court for the District of Kansas with a lifetime appointment. The U.S. District Court for the District of Kansas is a federal trial court that processes civil and criminal cases that come under federal jurisdiction. The District of Kansas covers the full state of Kansas.
Below is the biography provided by the White House at the time of Ms. Teeter’s nomination.
Mrs. Teeter is currently an Assistant United States Attorney for the Western District of Missouri. Earlier in her career, Mrs. Teeter practiced patent law at Shook, Hardy & Bacon, LLP, and was a patent law clerk at Los Alamos National Security, LLC. She served as a law clerk to Judge Brian C. Wimes of the United States District Court for the Western District of Missouri and to Judge Carlos Murguia of the United States District Court for the District of Kansas. Mrs. Teeter received her B.S. with highest distinction from the University of Kansas School of Engineering, and her J.D. from the University of Kansas, where she was a member of the Kansas Law Review and graduated first in her class. She also holds a Diploma in Legal Studies from the University of Oxford.
Click here to view Sen. Moran’s full remarks in support.
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WASHINGTON – U.S. Senator Jerry Moran (R-Kan.) today introduced Ms. Holly Teeter of Lenexa, Kan., as the Senate Judiciary Committee considered her nomination as a federal judge for the United States District Court for the District of Kansas.
“It’s a real pleasure and honor to be here in support of Holly Teeter,” said Sen. Moran. “Her capabilities, her intellect, her character, are at the highest levels. She will be a tremendous trial judge who hears the facts and makes a decision on the case based upon the circumstances and the law. This committee ought to feel very comfortable in supporting her nomination. This judgeship has been vacant in Kansas for a very long time and we are anxious to have justice dispensed by Judge Holly Teeter.”
If confirmed by the Senate, Teeter, a University of Kansas School of Law graduate, will join the United States District Court for the District of Kansas with a lifetime appointment. The U.S. District Court for the District of Kansas is a federal trial court that processes civil and criminal cases that come under federal jurisdiction. The District of Kansas covers the full state of Kansas.
Below is the biography provided by the White House at the time of Ms. Teeter’s nomination.
Mrs. Teeter is currently an Assistant United States Attorney for the Western District of Missouri. Earlier in her career, Mrs. Teeter practiced patent law at Shook, Hardy & Bacon, LLP, and was a patent law clerk at Los Alamos National Security, LLC. She served as a law clerk to Judge Brian C. Wimes of the United States District Court for the Western District of Missouri and to Judge Carlos Murguia of the United States District Court for the District of Kansas. Mrs. Teeter received her B.S. with highest distinction from the University of Kansas School of Engineering, and her J.D. from the University of Kansas, where she was a member of the Kansas Law Review and graduated first in her class. She also holds a Diploma in Legal Studies from the University of Oxford.
Click here to view Sen. Moran’s full remarks in support.
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Senate, House Leaders Issue Statement on Department of Commerce’s Bombardier Determination
Oct 06 2017
WASHINGTON – U.S. Senators Jerry Moran (R-Kan.), Shelley Moore Capito (R-W.Va.), Richard Blumenthal (D-Conn.) and Pat Roberts (R-Kan.) along with U.S. Representatives David McKinley (WV-01), John Larson (CT-01) and Ron Estes (KS-04) released the following statement about today’s preliminary determination from the U.S. Department of Commerce to impose additional duties on Bombardier C Series aircraft:
“We are disappointed with the Department’s preliminary decision to impose additional duties on the C Series aircraft. This decision is shortsighted and threatens thousands of good jobs across the country supported by Bombardier and its suppliers. We urge the Department to work with the parties to find a responsible solution that will not negatively impact American aerospace workers, American airlines and airline consumers before reaching a final decision.”
This summer, the U.S. International Trade Commission ruled, preliminarily, that U.S. manufacturers of large civil aircraft (i.e. Boeing) may be threatened with material injury by the prospective sales of aircraft from Bombardier to Delta Airlines. A final judgment from the Department of Commerce is due in February 2018.
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WASHINGTON – U.S. Senator Jerry Moran (R-Kan.) – co-chair of the Senate Hunger Caucus – this week was awarded the World Food Program (WFP) USA’s annual McGovern-Dole Leadership Award for his bipartisan leadership to advance U.S. efforts to address global hunger.
“Addressing global hunger is important to providing economic stability worldwide and to strengthening American interests and our national security,” said Sen. Moran. “Access to food provides hope and opportunity; when parents have access to food, they can work to provide a better future for their children. When hunger no longer impedes children’s ability to learn, they can attend and remain in school, leading them down a path to greater economic opportunity. Providing international food aid and finding expedient, affordable and efficient ways to get food grown by U.S. farmers to those who need it most remains a priority.”
“Sen. Dole has long represented the compassionate spirit of Kansans and the farmers who feed the world, and this award was rightly named after him,” continued Sen. Moran. “I’m humbled to receive the World Food Program USA McGovern-Dole Leadership Award.”
“I am proud of Sen. Moran for his interest in world hunger issues,” said Sen. Bob Dole. “As a Kansan, he knows how greatly our state has contributed to combating hunger worldwide. I congratulate him for receiving this award.”
Sen. Moran has championed global hunger relief since the beginning of his Congressional career, first as a member of the House Hunger Caucus and now as co-chair of the Senate Hunger Caucus. His work on the Senate Agricultural Appropriations Committee has secured crucial funding for international efforts to eradicate global hunger.
About the McGovern-Dole Leadership Award and World Food Program USA
Since 2001, WFP USA has hosted an annual awards ceremony to recognize leaders who have played a critical role in the fight against global hunger. The McGovern-Dole Leadership Award bears the names of Senator Bob Dole and the late Senator George McGovern in recognition of their longstanding commitment to feeding families in need. Their bipartisan collaboration has become the model for continuing U.S. leadership to make sure no child goes hungry.
Past award recipients include U.S. Senators George McGovern and Bob Dole, U.S. Representatives Jim McGovern and Jo Ann Emerson, Secretary of State Hillary Rodham Clinton, Howard Buffett, Bill Gates, David Novak, Christina Aguilera, U.S. Senator Debbie Stabenow and Michael Kors. World Food Program USA supports the mission of the United Nations World Food Programme, the leading humanitarian agency fighting hunger worldwide.
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WASHINGTON – U.S. Senator Jerry Moran (R-Kan.) – member of the Senate Committee on Commerce, Science, and Transportation – today spoke on the Senate floor in support of the reappointment of Parsons, Kan. native Ajit Pai to serve as a member of the Federal Communications Commission (FCC) for a five-year term. Pai is currently serving as Chairman of the FCC.
“As a Kansan, Ajit Pai brings a unique understanding of the challenges facing rural America in a quickly-evolving telecommunications world,” said Sen. Moran. “He and I share a commitment to closing our nation’s digital divide, bringing rural communities into the digital fold so that millions more Americans have quality, reliable access to broadband and wireless connectivity. He has an impressive background, having clerked for a federal judge, served in the private sector, worked at the Department of Justice, and held several roles at the FCC since 2007 – and with his Parsons roots, I know he will be a tireless advocate for rural America.”
Sen. Moran’s floor remarks can be viewed here.
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WASHINGTON – U.S. Senator Jerry Moran (R-Kan.) – member of the Senate Committee on Commerce, Science, and Transportation – today spoke on the Senate floor in support of the reappointment of Parsons, Kan. native Ajit Pai to serve as a member of the Federal Communications Commission (FCC) for a five-year term. Pai is currently serving as Chairman of the FCC.
“As a Kansan, Ajit Pai brings a unique understanding of the challenges facing rural America in a quickly-evolving telecommunications world,” said Sen. Moran. “He and I share a commitment to closing our nation’s digital divide, bringing rural communities into the digital fold so that millions more Americans have quality, reliable access to broadband and wireless connectivity. He has an impressive background, having clerked for a federal judge, served in the private sector, worked at the Department of Justice, and held several roles at the FCC since 2007 – and with his Parsons roots, I know he will be a tireless advocate for rural America.”
Sen. Moran’s floor remarks can be viewed here.
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Sens. Moran, Warner Introduce Bipartisan Startup Act
Bipartisan jobs bill to encourage creation and growth of new businesses
Sep 28 2017
WASHINGTON – U.S. Senators Jerry Moran (R-Kan.) and Mark Warner (D-Va.), along with Senators Roy Blunt (R-Mo.) and Amy Klobuchar (D-Minn.) today reintroduced the Startup Act – bipartisan jobs legislation to encourage creation and growth of new business.
The Startup Act, S.1877, would accelerate the commercialization of university research that can lead to new ventures, review and improve the regulatory processes at the federal, state and local levels, and modernize a critical Economic Development Administration (EDA) program to promote innovation and spur economic growth. The legislation also creates both Entrepreneur and STEM visas for highly-educated individuals so they can remain in the United States legally to promote new ideas, fuel economic growth and create good-paying American jobs.
“New business formation and the rate of entrepreneurship have reached historic lows,” said Sen. Moran. “Simply put, America is falling behind and losing talent and jobs to countries overseas. Congress must work to reverse these trends and support policies that allow better opportunities for someone to take an idea, bring it to market, and in the process of pursuing that success, create jobs for other Americans. I am proud to introduce the latest version of the Startup Act and help make certain America remains the land of opportunity for innovators and job creators. This bipartisan legislation would reduce barriers to growth, encourage investment in new businesses, improve the regulatory process, keep talent here in the United States and accelerate the commercialization of university research that can lead to new ventures and the creation of good-paying jobs in Kansas and nationwide. With a new administration and a renewed focus on achieving American economic competitiveness, I urge my colleagues to support the Startup Act so that it can be debated and considered in the Senate.”
"For years, we have pushed in Congress for commonsense legislation to encourage entrepreneurship and help startup companies grow and thrive,” said Sen. Warner. “This bipartisan bill seeks to attract and retain the talented innovators and entrepreneurs that will help our country and Virginia promote capital investment and achieve economic growth.”
“The number of new businesses being created in this country is lower than it’s been in decades,” said Sen. Blunt. “The Startup Act will make it easier for entrepreneurs to start and grow their businesses, resulting in more good-paying American jobs. The bill will also increase U.S. competitiveness by ensuring that we have the workforce we need in high-demand STEM fields, which will pave the way for new innovations and stronger economic growth.”
“Startups and small businesses are engines of job creation and economic growth,” said Sen. Klobuchar. “Our bipartisan bill would make it easier for people to get their ideas off the ground, encourage innovation, and strengthen our workforce to keep the U.S. competitive in the 21st century economy.”
Many of the principles included in the Startup Act are based on the research and analysis by the Ewing Marion Kauffman Foundation. According to the 2017 Kauffman Foundation Startup Activity Index, the rate of new entrepreneurs in the U.S. decreased in 2016 to 0.31 percent (from 0.33 percent), or 310 out of every 100,000 adults starting new businesses each month.
Kauffman research shows that immigrants to the United States are nearly twice as likely as native-born Americans to start businesses, and first-generation immigrants now make up nearly 30 percent of all new U.S. entrepreneurs.
Data also shows that international students studying in the U.S. on temporary visas accounted for nearly two-fifths of all Ph.D.s in STEM fields – that number has doubled over the past three decades. Further, international doctoral students were significantly more likely than domestic students to major and earn degrees in STEM disciplines in the U.S.
“Too many have been left out of our economy. There’s a connection between the long-term decline in entrepreneurship and the effect on productivity, growth and wages,” said Jason Wiens, director of policy, Ewing Marion Kauffman Foundation. “Put simply, fewer startups means a lower quality of life for all Americans. We need more startups, fast. Based on research, we know that skilled immigrants are more likely than native-born to start new business that hire Americans. Job creation, innovation and overall quality of life for all Americans would receive a boost by increasing the numbers of entrepreneurs in our nation, whether American or foreign-born.”
The provisions in the Startup Act have been endorsed by Information Technology Industry Council, National Venture Capital Association, CCIA, Center for American Entrepreneurship, Sprint, SSTI, Engine, CTA, Kansas State University’s Institute for Commercialization, CTIA, Internet Association, Enterprise Center of Johnson County, and Kansas City Chamber of Commerce.
Summary of the Startup Act:
- Uses existing federal R&D funding to support university initiatives designed to bring cutting-edge research to the marketplace more quickly where it can propel economic growth;
- Requires all government agencies to conduct a cost-benefit analysis of all proposed “significant rules” with an economic impact of $100 million or more. This new requirement will help determine the efficacy of regulations and their potential impact on the formation and growth of new businesses;
- Directs the U.S. Department of Commerce to assess state and local policies that aid in the development of new businesses. Through the publication of reports on new business formation and the entrepreneurial environment, lawmakers will be better equipped to encourage entrepreneurship with the most successful policies;
- Accelerates commercialization of taxpayer-funded research to bolster regional commercialization strategies in converting research into new products and services; and
- Expands and refines the EDA’s Regional Innovation (RI) program, including restoration to its originally authorized $100 million level under the Stevenson-Wydler Technology Innovation Act of 1980. The proposed funding increase would support more innovation systems throughout the country and make awards to pilot a wider variety of outcome-based approaches toward addressing regional innovation needs.
- Establishes a limited entrepreneurial visa for 75,000 legal immigrants, so they can remain in the United States, launch businesses and create jobs;
- Creates a new limited STEM visa so 50,000 U.S.-educated foreign students, who graduate with a master’s or Ph.D. in science, technology, engineering or mathematics, can receive a green card and stay in this country where their talent and ideas can fuel growth and create American jobs;
- Eliminates the per-country caps for employment-based immigrant visas, which hinder U.S. employers from recruiting the top-tier talent they need to grow.
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