States gear up to work on AI
Startup policy outlook under second Trump term
Executive coaching should be accessible to anyone who is interested, but oftentimes scaling the education is not practical. With her company Zella Life, co-founder Remy Meraz is democratizing professional development using AI. We sat down with her to discuss AI, independent contractors, and more.
After working in the financial sector for over 20 years, Mical Jeanlys-White founded her own company, WealthMore, a wealth tech with a focus on tackling a key financial barrier—wealth building and management. Her company leverages technology to connect everyday Americans with accessible wealth management services, aiming to provide wealth creation for all. We sat down with her to discuss her journey in raising capital, navigating tax policy, the evolving role of AI, and more.
Vance Reavie is no stranger to entrepreneurship. Using his knowledge from previous ventures, he created an AI platform that intelligently automates manual marketing and merchandising workflows and content generation processes for brands and retailers. We sat down with Vance to discuss the startup ecosystem in Arkansas, AI policy and regulation, grant opportunities, and more.
The Big Story: House panel examines big tech's impact on small businesses. The House Small Business Committee held a hearing yesterday to examine big tech’s impact on small businesses, with lawmakers bringing in witnesses from large tech companies, small retailers, and nonprofit organizations to discuss the benefits and challenges of large online platforms.
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.
SGNT is working to address a critical global concern from their homebase in Tucson, Arizona. The tech startup, founded in 2017, has developed an exciting new hardware and software suite to ensure the secure transport of goods and pharmaceuticals around the world. Emil Tremblay, SGNT’s co-founder and CEO, recently took the time to give us some insights into the company and how it got started.
Engine submitted comments to the House Judiciary Subcommittee on Antitrust, Commercial, and Administrative Law following the panel’s October 29th hearing on competition in labor markets.
TLDR: Startups are keeping a close watch as the Supreme Court hears oral arguments on the 2012 Deferred Action for Childhood Arrivals (DACA) policy. Access to talent is vital to the success of startups, and numerous studies have shown that immigrants make important contributions to the entrepreneurial community. Policies and decisions that suggest the U.S. is a bad place for immigrants—like a ruling against the DACA policy—would be bad for the startup community.
The Federal Circuit’s recent decision in Arthrex, Inc. v. Smith & Nephew, Inc. changes the framework for appointing and removing certain patent office officials—the Administrative Patent Judges (APJs). APJs serve on the Patent Trial and Appeal Board which, among other functions, can take a “second look” at weak or overbroad patents that previously issued, and invalidate claims that should not have issued in the first place. Instead of challenging a low-quality patent in federal court, which takes multiple years and millions of dollars, the Patent Trial and Appeal Board can consider a limited scope of validity challenges in less than 18 months and for a fraction of the cost. Therefore, it is a more accessible place for startups to go to challenge weak patents they are accused of infringing, and has the ancillary benefit of increasing overall patent quality and making the abusive patent litigation business less profitable.
The Big Story: Lawmakers scrutinize Chinese social media app TikTok. The Senate Judiciary Subcommittee on Crime and Terrorism held a hearing on Tuesday to examine how technology companies might be exposing user data to “criminals, China, and other bad actors,” with lawmakers spending much of the time lambasting popular social media app TikTok for not sending a representative to testify before the panel.
Move over, Houston. Another Texas city is making waves in space. Kubos is bringing outer space down to earth in Denton, Texas with open source software solutions for satellite mission control. We spoke with Kubos’ CEO and co-founder, Marshall Culpepper, to get some insight into his exciting company and the Denton startup ecosystem.
The Big Story: The importance of small business exports. A new study released this week highlighted how American small businesses have successfully leveraged the explosive growth of the digital economy over the past several decades to make significant contributions to the U.S. economy.
Chicago has the highest concentration of female-led startups in the United States, with more than one-third of the city’s startups run by women. One of these successful women-run businesses is Cloche Invest, a recently launched investment platform focused on helping millennial women grow their wealth. Ari Carter, the Co-Founder and Chief Financial Officer of Cloche Invest, saw that current investment platforms were not adequately catering to the needs of young women. Together with her Co-Founder, Peyton Pritikin, Ari is focused on creating a new generation of financially independent women.
Although entrepreneurs are responsible for nearly all net new job creation, policymakers have frequently prioritized big business over new business. That’s why entrepreneurship champions across the country have joined together to form the Start Us Up coalition to urge policymakers to reduce barriers to entrepreneurship.
The Big Story: House passes troubling copyright bill. The House this week voted in favor of the Copyright Alternative in Small-Claims Enforcement Act (CASE Act), legislation that would create an extra-judicial Copyright Claims Board within the U.S. Copyright Office to adjudicate “small-claim” copyright infringement claims.
The House’s vote in favor of the CASE Act is disappointing, particularly because there were no hearings or debates in the lower chamber to discuss the many flaws in this legislation. The bill is purportedly designed to protect small copyright holders by establishing an extra-judicial Copyright Claims Board within the U.S. Copyright Office to adjudicate infringement claims outside of a federal court setting. However, without the traditional safeguards of the federal courts, this newly established tribunal would have the authority to grant substantial financial damage awards — up to $30,000 per proceeding — to potentially abusive parties looking to strong-arm settlements from unsuspecting companies and online users.
As conversations swirl around the use of non-compete agreements in the labor market, it is important that lawmakers consider the effects of these agreements on startup formation and talent acquisition. Instead of protecting legitimate business interests, non-compete agreements are often used to block competition, prohibiting talented Americans from starting their own innovative ventures and from hiring the talent they need to succeed and to be competitive.
The Big Story: Keeping U.S. cryptocurrency globally competitive. Ahead of next week's hearing featuring Facebook CEO Mark Zuckerberg discussing cryptocurrency, another Facebook official warned this week that China will be at an advantage if U.S. policymakers fail to come up with a system to regulate cryptocurrencies like Facebook's Libra.
The Big Story: U.S. acts on Chinese firms. The U.S. Commerce Department added eight Chinese artificial intelligence companies to its trade blacklist this week, even as reports emerged that the Trump administration plans to issue licenses to allow some U.S. companies to continue supplying nonsensitive products to Chinese telecoms firm Huawei. The decisions both came as the U.S. and China resumed discussions this week to resolve their ongoing trade dispute.
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