ISSUED BY: GCIS Communications Command Center
SOURCE: Politics Daily
31January2011 3:59pmEST
GCIS INTELLIGENCE UPDATE: The Obama administration is launching what President Barack 
Obama calls "a historic partnership with business leaders, investors, universities, foundations, and non-profits" to foster new businesses and the entrepreneurs who start them.
The White House defined "Startup America" as a national campaign to spur private sector investment in startups and small firms, accelerate research, and knock down barriers to success. "Everybody deserves at least one chance to change the world," Austan Goolsbee, chairman of the Council of Economic Advisers, said Monday in announcing the administration initiative and a private-sector "Startup America Partnership" led by AOL co-founder Steve Case, chairman of the Case Foundation.
Obama's political and economic goals are both advanced by the new program. He has been making overtures to the business community since the election, such as naming former Commerce secretary Bill Daley as his chief of staff and General Electric chairman Jeffrey Immelt as head of the new President's Council on Jobs and Competitiveness. Last week Obama centered his State of the Union speech on the need to "out-innovate" and out-compete the rest of the world. (read full report)
