The Senate Entrepreneurship Caucus

Hi, I’m Eric Corl. I’m an entrepreneur based in Columbus, OH.
Connect with Me:
Eric Corl on Twitter
Eric Corl on LinkedIN
Eric Corl on Quora

Very happy to see the launch of the Senate Entrepreneurship Caucus by Senators Tim Scott and Amy Klobuchar. It is extremely important that there is a deliberate focus on Entrepreneurship in the Senate. I applaud the SBE Council’s efforts to keep this as a top discussion in Washington, DC and I am excited to see it yield results.

All too often – in politics – the impact of legislation on small businesses and entrepreneurs is an afterthought versus a focus.

Entrepreneurs are the economic engine that drive our economy forward. They must be supported and advocated for in Washington, DC. While there is mixed data, some studies actually show a long term trend of declining startup activity in the United States. Long term, entrepreneurship needs to remain a focus – I would argue that it is critical. Here is some interesting data and thoughts on it.

Data on the State of Entrepreneurship:
Infographic: Millennial Entrepreneurs and the State of Entrepreneurship
Kaufmann Indicators of Entrepreneurship

Economic Benefits of Entrepreneurship:

Business Formation by State – We need to encourage entrepreneurship nationwide.

We need to encourage more female entrepreneurship and support education/programs to encourage startups. Efforts are showing progress but need to be accelerated.

The Top 20 Global Cities for VC Investment:

Small Business Stats from Small Business Trends

This is a working draft. I will continue to update and refine this article. Please feel free to make suggestions on the content in this article. Thank you, Eric Corl.