The Big Story: Startups are collateral as policymakers talk past each other on tech policy. Over the last week we’ve seen several tech policy conversations where contradictory, party-line talking points are on full display that—if taken seriously as policy ideas on everything from privacy, to national security, to content moderation, and more—would make life much harder for thousands of startups across the country. Lawmakers’ competing and mutually exclusive visions for the Internet doesn’t stop them from threatening policy changes that would alter the way tech companies, including startups, have to operate, however, as we highlight in a new blog post.
Startup News Digest 09/09/22
The Big Story: SBIR reauthorization remains at a standstill. Startups await the fate of the Small Business Innovation Research (SBIR) program as lawmakers continue to deliberate its reauthorization ahead of its fast-approaching September 30 expiration. With fierce support from advocates and innovators—who recognize the positive impact the program has on the innovation ecosystem—alike, this critical funding stream for R&D and commercialization risks drying up without congressional action.
Startup News Digest 08/26/22
The Big Story: Biden administration unveils student loan relief plan. After months of deliberation, President Joe Biden announced a three-part plan aimed at easing student loan debt, a move that could lower barriers for entrepreneurship in the U.S. The announcement—fulfilling a 2020 campaign promise—will cancel up to $10,000 in federal student debt for many borrowers and up to $20,000 for Pell Grant recipients for those that earn less than $125,000 per year or $250,000 for households. It also includes steps to cap monthly payments, improve the forgiveness programs for borrowers who work in public service, and increase accountability around skyrocketing college costs.
There’s a new bipartisan draft federal privacy law. What does it mean for startups?
Congress is taking steps towards a much-needed federal privacy law that could help protect consumers while creating consistent obligations for startups. This week, the House Energy and Commerce subcommittee on consumer protection and commerce held a hearing discussing the American Data Privacy and Protection Act (ADPPA). The ADPPA has support from key members of Congress on both sides of the aisle and in both chambers and would replace a state-by-state patchwork of privacy laws, helping startups by easing compliance costs and lowering barriers. Engine has been a longtime advocate for such a law and commends lawmakers for taking an important step in developing a federal privacy standard.
Startup News Digest 04/29/22
The Big Story: EU advances overhaul of content moderation rules. Early Saturday morning, the European Union reached an agreement on a final version of landmark legislation to govern online intermediaries hosting user content in the EU. The legislation, known as the Digital Services Act (DSA), will build on existing EU law and create new obligations for companies—including startups—that will require additional staff, development of new tools, and attention toward compliance in order to serve users in the EU.
Startup News Digest 04/22/22
The Big Story: Startups should be prominent voice in merger guidelines re-write. This week, Engine submitted comments in response to a request for information (RFI) from the Federal Trade Commission (FTC) and the Department of Justice (DOJ) Antitrust Division on merger enforcement. The agencies issued the RFI in January as they move toward re-writing the merger guidelines, guidance that outlines how the agencies will analyze prospective mergers, which is traditionally relied on by the agencies, companies, and courts alike. Sound merger enforcement that mitigates illegal anticompetitive behavior is important for startup success, but policymakers must balance those potential harms with the benefits of acquisitions. If the new guidelines are too restrictive, they risk burdening legal transactions—including those of startups, thereby limiting startups’ exit opportunities and stemming the flow of capital in the startup ecosystem.
Startup News Digest 02/18/22
The Big Story: Over 100 startups, investors, organizations defend QSBS tax treatment. This week, more than 100 startups, startup investors, and startup support organizations sent a letter to Congress urging them to preserve the current tax treatment of Qualified Small Business Stock (QSBS), which helps startups attract early-stage investment and employees.
Startup News Digest 02/11/22
The Big Story: EARN IT Act moves forward despite concerns from lawmakers, advocates, and industry. A bill moving through the Senate would amend critical Internet legal frameworks that startups rely on to host user-generated content and disincentivize startups from using privacy and security-enhancing measures like encryption.
Startup News Digest 02/04/22
The Big Story: The startup policy priorities for 2022. This week, Engine released its 2022 Startup Agenda, highlighting the policy priorities of the U.S. startup ecosystem and featuring startups across the country explaining the ways policy can support them. As we explain in the agenda, there are startups in every state and every congressional district. There are startups that have all kinds of business models and rely on all types of funding. There are startups that operate in every sector of U.S. industry. And all of them will be impacted by policymakers' decisions across a range of issues.
Startup News Digest 01/28/22
The Big Story: America COMPETES is a mixed bag for startups. The new sweeping House package aimed at boosting American competitiveness and innovation has several provisions that would dramatically improve the startup ecosystem, but the bill also includes an unrelated bill that would harm e-commerce startups.
Startup News Digest 01/21/22
The Big Story: 10 years later, SOPA has lessons for startup policy. This week, we’re reflecting on copyright policy’s past as well as the impact it will continue to have on innovation, and what that all means for high-tech, high-growth startups and the Internet users and creators that depend on them. Engine, alongside many organizations, remembered and commemorated the 10 year anniversary of the defeat of the Stop Online Piracy Act (SOPA) with conversations of what balanced, innovation-friendly copyright policy looks like for startups and small businesses.
Startup News Digest 01/14/22
Startup News Digest 01/07/22
The Big Story: Changes to copyright rules would hurt news, commentary startups, and free expression. As a few countries adopt or consider laws that would require websites to pay whenever they—or their users—link to or quote a news article, the U.S. Copyright Office is studying what those sorts of laws would mean here. In comments this week, Engine emphasized the substantial unintended consequences of such policies, which would not just alter how information is shared and communicated online, but cause problems for startups and innovation.
Startup News Digest 12/17/21
Startup News Digest 12/10/21
The Big Story: Congress talks online content, but startups are sidelined. As Congress continues the drumbeat of complaints about user-generated content on the Internet, the conversation misses the realities of content moderation and the role content moderation plays for startups.
Startup News Digest 12/3/21
The Big Story: Startups watch as Congress considers tech nominees. This week, Senate committees weighed in on several individuals President Joe Biden nominated to key tech leadership roles, shedding some light on the direction the nominees might take to support startup innovators. In a series of hearings, Senators considered acting Federal Communications Commission (FCC) Chair Jessica Rosenworcel and FCC nominee Gigi Sohn, as well as Alan Davidson, who was nominated to lead the National Telecommunications and Information Administration (NTIA), Federal Trade Commission nominee Alvaro Bedoya, and Kathi Vidal, who was nominated to lead the Patent and Trademark Office.
Startup News Digest 11/19/21
The Big Story: Making the startup ecosystem more equitable. Startup founders with innovative ideas should have the chance to succeed, no matter where they’re located or what they look like. But too often, underrepresented founders—including women and founders of color—are denied the opportunity to get investments, launch, and grow. This week, Engine released an assessment of barriers that underrepresented founders face as well as policy proposals to alleviate those barriers.
Startup News Digest 11/5/21
The Big Story: Immigration in play in reconciliation bill, but path unclear. As the House eyes a path forward on the reconciliation bill, newly-added language would create temporary protections for millions of undocumented immigrants, which could make it easier for foreign-born innovators, founders, and STEM talent to stay and work in the U.S.
Startup News Digest 10/29/21
The Big Story: Biden puts up key tech, telecom nominees. This week, President Biden announced several long-awaited nominations that, if confirmed, will serve key roles in setting technology and telecom policies that impact the startup ecosystem.
Startup News Digest 10/22/21
The Big Story: Policymakers turn attention to patent policy. Over the past weeks, there have been several indications policymakers across D.C. are thinking about the various roles patents play in innovation policy—both recognizing their potential to support innovators but also seeking to understand how low-quality patents hurt startups and small businesses.