Continuing its push to provide small companies with resources necessary for growth, the Obama Administration on Tuesday is hosting an all-day conference in Washington designed to decode the difficult process of raising capital.
Replete with heavy hitters, the speakers include Treasury Secretary Tim Geithner; SBA Administrator Karen Mills; Scott Case, co-founder of Priceline and head of the government’s newly formed entrepreneurship advocacy group StartUp America Partnership; and Jeffrey Immelt, CEO of General Electric and chairman of the President’s Council on Jobs and Competitiveness.
The conference — “Access to Capital: Fostering Growth and Innovation for Small Companies” — aims to explore methods of securing investment at each stage of expansion, from the early stages through IPO or buyout.
“It’s about how do we enable entrepreneurship freely in the United States among all people that want to do it and then support that with the talent that we actually educate in the United States,” said Ann Miura-Ko, a partner with Palo Alto, California-based Floodgate Capital. “It’s really a time in which entrepreneurs have a lot of the power.”
The event comes after the launch of the federal government’s StartUp America initiative in January, which includes visits by top officials to small business groups in eight cities across the country.