Why Entrepreneurship Development?
They are important economic development assets in your communities. • Entrepreneurs create jobs. According to research supported by the Kauffman Foundation, more than one-third of job growth is due to new businesses. Firms less than 5 years old accounted for ALL net job growth from 1980-2005. • Entrepreneurs give back. They reinvest in the community through charitable giving, community support, leadership and in many other ways. One resource that makes the case for entrepreneurship in a clear way, with particular emphasis on elected officials, is Entrepreneurship – A Candidate’s Guide. Since community leaders often want to learn from other communities that are encouraging entrepreneurship and the success they are having, we recommend Energizing an Entrepreneurial Economy – A Guide for County Leaders. This publication explores what it means to become an entrepreneurial community and how to decide if you’re “ready” for entrepreneurship.
