New Senate bill would improve startups’ access to capital
Policymakers are gearing up for a significant bite at rewriting the tax code in 2025, and several key provisions that are on the table—and the chopping block—will impact startups.
ZenHammer's journey from a contractor-homeowner matchmaking platform to a cutting-edge construction data tracking tool is a story of resilience and innovation. Initially, on the brink of closure, the team pivoted in response to contractors' feedback and has since worked tirelessly to refine their product. We sat down with the founder, Edwin Williams, to discuss their challenges in raising capital and finding talent, as well as their strategic plans for ZenHammer’s upcoming launch, national expansion, and industry impact.
Sensagrate is revolutionizing roadways by providing data on human-driven and autonomous vehicles to enable intelligent decisions and safety on the road. We recently talked with founder and President Darryl Keeton about how the technology works, AI regulation, the essential role of startup accelerators, and more.
Washington – As the Senate Judiciary Subcommittee on Privacy, Technology, and the Law plans a hearing Wednesday on the law that enables online services to host user-generated content, diverse organizations from academics to industry to public interest groups sent a letter to Subcommittee leaders. The letter acknowledges that Section 230 is the legal framework that enables anyone to create spaces online where user communities can gather and share content, to the benefit of Internet users and online expression.
With many small businesses struggling as a result of the COVID-19 outbreak, startups are stepping in to offer free services to help small firms navigate the economic uncertainty. Whether it’s opening up their platforms to keep small businesses engaged with their local communities, or aggregating available resources and federal loan information for struggling firms, startup founders are using their knowledge, experience, and services to support other entrepreneurs in need of assistance.
With many small businesses struggling as a result of the COVID-19 outbreak, startups are stepping in to offer free services to help small firms navigate the economic uncertainty. Whether it’s opening up their platforms to keep small businesses engaged with their local communities, or aggregating available resources and federal loan information for struggling firms, startup founders are using their knowledge, experience, and services to support other entrepreneurs in need of assistance.
As federal officials increasingly rely on tech companies to help combat the spread of COVID-19, entrepreneurs across the country are retooling their existing digital applications to aid in coronavirus detection and prevention efforts. Whether it’s working with local and state health officials to leverage their apps, or figuring out ways to implement their services in a beneficial way, startups are determining how to best utilize their mobile apps for the public good.
As Americans struggle to cope with the COVID-19 pandemic, hundreds of startups all across the country are leveraging their tools, resources, and services to aid medical researchers and businesses in need of immediate assistance. Engine spoke with four entrepreneurs who pivoted their business practices to better support those affected by the ongoing pandemic. This is the first post in a series on startups and entrepreneurs who are responding to the COVID-19 pandemic.
Consumer privacy has been on the minds of companies, regulators, and consumers in the wake of high-profile privacy missteps by major Internet companies and sweeping new privacy rules in Europe. While the U.S. approaches consumer privacy law on a sector-by-sector basis, states are using the momentum around the consumer privacy debate to pass their own varying — and sometimes conflicting — laws.
The fate of up to 800,000 individuals and their ability to live and work in the United States will be decided in the coming months, as the Supreme Court heard oral arguments on Tuesday for the consolidated cases challenging the Trump Administration’s termination of the Deferred Action for Childhood Arrivals (DACA) program. While the justices appeared split in their questioning, the outcome of this case will not just have ramifications for the recipients and their communities, but also stands to impact the desirability of the United States as a destination for high-skilled workers to put their skills and entrepreneurial initiative to the test.
Congress is currently at work on a federal privacy bill that will hopefully strengthen consumer privacy while correcting some of the problems with state privacy laws like the California Consumer Privacy Act. While this is a good sign for the startup community, some policymakers are pushing for a provision in the draft federal privacy bill that could open the floodgates to expensive, bad-faith lawsuits against startups.
Earlier this week, Engine representatives participated in the U.S. Copyright Office’s Roundtable discussion on the impact and effectiveness of section 512 of the Digital Millennium Copyright Act (DMCA). The DMCA—and the safe harbor provisions of the bill included in section 512— provide a framework to grant online service providers limited liability protections for copyright infringement stemming from user-generated content.
As 2018 comes to a close, one key policy area that is sure to take center-stage in 2019 is the passage of the updated North American Free Trade Agreement (NAFTA), renamed the United States-Mexico-Canada Agreement (USMCA). While the USMCA is a big win for startups in several areas, Congress should continue to push the Administration in two areas to ensure that entrepreneurs will flourish under the new agreement. Overall, the USMCA sets a high standard for future free trade agreements and will positively impact the growth of American startups.
Current legal frameworks have allowed us to build creative online communities that have enabled musicians, writers, artists, developers, designers, and filmmakers throughout Europe to access a global online market. We are concerned that proposed changes to the European Copyright Directive, specifically Article 13, will threaten the existence of these vibrant online communities.
In partnership with Reps. Suzan K. DelBene, Susan Brooks, Yvette Clarke, Randy Hultgren, Jerry McNerney and Mimi Walters, Engine, the Ewing Marion Kauffman Foundation, Economic Innovation Group, and the Center for American Entrepreneurship, we are excited to celebrate Startup Week Across America from August 20th through August 24th. We invite Representatives to meet with startups back home in their district to raise awareness for entrepreneurial activity and job creation. It is also an opportunity to discuss the importance of ingenuity and innovation to the American economy.
Fast-growing startup companies are not unique to places like Silicon Valley, Seattle or Boulder. Startups are rapidly developing right in your backyard. Across the nation, industries ranging from retail and health care to entertainment and education are being disrupted and reshaped by entrepreneurs in every community. They are reimagining the future by using technology to solve problems and to create innovative products and services.
In every district, there are dozens of entrepreneurs who have established job-creating startups. These dynamic companies act as entrepreneurial leaders, innovators, and job creators within our communities.
According to the Kauffman Foundation, startups are the driving force behind 2 million new jobs created annually in the United States. Such statistics are notable when you consider that a majority of our nation’s startup companies are younger than three years of age, and nearly 550,000 new entrepreneurs enter the American workforce each month.
Interested in learning more? Contact Engine's Jennifer Fox at jen@engine.is
We're putting together some exciting panels on startup advocacy and policy issues for SXSW 2019, and we need your votes to get them included in the conference. Please vote by August 30th 2018!
Engine's panels:
Disrupting Policy in the District and Beyond. Vote.
Can a Computer Invent? Vote.
Other panels we're excited about:
How to Survive a Trade War. Vote.
A Day Without GPS: What Would You Do? Vote.
Politics in Tech: When the Bubble Bursts. Vote.
Old Men Yell at (the) Cloud: Congress and Tech. Vote.
Creative Ways to Solve the Bias Problem in AI. Vote.
How EU Startups Can Become Successful in the US. Vote.
Startups vs Local Government Regulations. Vote.
Build a Sustainable & Inclusive Startup Community. Vote.
All Ears: Engaging Users Through Smart Speakers. Vote.
Augmented Reality/Mixed Reality Will Change Everything. Vote.
Digital Security in the 21st Century. Vote.
A year after the Supreme Court’s unanimous decision in TC Heartland LLC v. Kraft Food Group Brands LLC, however, Marshall may be returning to the normalcy of tumbleweeds and prairie, as NPEs who once filed there flock instead to other jurisdictions.
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