State Policy Update: Legislatures around the country are wrapping up. What have they been up to and how will it impact startups?

State Policy Update: Legislatures around the country are wrapping up. What have they been up to and how will it impact startups?

As summer kicks into gear, state legislatures are closing up shop, but not before introducing and passing legislation impacting startups. In the absence of federal action on many technology policy issues occupying the public imagination, state legislatures have acted to create their own rules, which can vary slightly, significantly—or outright conflict with—each other.

Startup News Digest 06/30/23

Startup News Digest 06/30/23

The Big Story: Supreme Court strikes down Biden student loan relief plan. The Supreme Court this week struck down President Biden’s student loan relief plan that would have canceled up to $20,000 in student debt for qualified borrowers. The decision, while not unexpected, is a blow to the millions of Americans riddled with student debt, and individuals whose debt acts as a barrier to pursuing entrepreneurship. 

Startup News Digest 06/16/23

Startup News Digest 06/16/23

The Big Story: House advances tax package with pro-startup provisions. A House committee advanced multiple tax bills this week that include several startup priorities. Legislation passed by Republicans on the House Ways and Means Committee includes two bills—the Small Business Jobs Act and the Build It in America Act—that would fix R&D expensing, create startup investment incentives, and fix reporting threshold. While the entire package faces uncertainty in the Democrat-controlled Senate, several provisions—including startup priorities like R&D expensing— have bipartisan support. 

#StartupsEverywhere: Lafayette, La.

#StartupsEverywhere: Lafayette, La.

As a mom, Laurel Hess understands the difficulties of multitasking and juggling competing priorities around the home. She created hampr to provide busy people with freshly done laundry and community members with a source of additional income. We spoke with her about the multiple ways hampr benefits local communities, the impact of various data privacy laws on her business, and her experience as a mom and woman founder.

Startup News Digest 06/09/23

Startup News Digest 06/09/23

The Big Story: Startups call on Congress to fix R&D expensing. Lawmakers in both chambers of Congress took steps this week toward addressing a critical tax issue impacting startups’ bottom lines: a recently enacted change to how startups expense research, development, and experimentation costs. House and Senate lawmakers held two hearings this week exploring how the tax code, including incentives around R&D impact small businesses and startups.

Startup News Digest 06/02/23

Startup News Digest 06/02/23

The Big Story: House passes capital formation bills. The House passed several bills this week to improve capital access for startups, including by providing educational resources on capital raising options for underrepresented small businesses and another to broaden the pool of potential startup investors.

Startup News Digest 05/26/23

Startup News Digest 05/26/23

The Big Story: EU data ruling further imperils transatlantic data flows. A decision this week by a major EU privacy regulator is adding to uncertainty over companies’—especially startups’—already tenuous ability to store and process user data from EU users in the U.S.

#StartupsEverywhere: Austin, Texas

#StartupsEverywhere: Austin, Texas

Modgarden is on a mission to provide city residents with an opportunity to take control of the way their food is grown. After food cured his own illnesses, Founder and CEO Aamar Khwaja wanted to find a way for everyone to access organic, healthy food, and built tinyFarm. We spoke to him about his background on Wall Street, the unique difficulties he faces with a hardware company, and his goals for Modgarden.

Startup News Digest 05/19/23

Startup News Digest 05/19/23

The Big Story: Congress digs into recent bank failures. This week, committees in both chambers held hearings to examine recent bank failures, including the collapse of Silicon Valley Bank (SVB)—a key financial institution in the startup ecosystem. The collapse of SVB in particular devastated many across the innovation ecosystem, sending companies scrambling to withdraw funds and make payroll, uncertain if their full balances would be secured.

Startup News Digest 05/12/23

Startup News Digest 05/12/23

The Big Story: The difficulties of content moderation and the chance to try it yourself. Critics of the Internet industry, including policymakers, frequently complain about content moderation decisions and propose legislative changes that would make it harder for Internet companies to host, remove, demote, amplify, and curate user content. To help inform those conversations, Engine worked with Copia and Leveraged Play to develop a new video game this week—Moderator Mayhem—with the goal of highlighting the difficulties and the inherent tradeoffs Internet companies, especially startups, face while navigating moderating their users’ content. 

Startup founders travel to Capitol Hill with Engine to talk data privacy

Startup founders travel to Capitol Hill with Engine to talk data privacy

Data privacy has long been top of mind for policymakers, but in the absence of a comprehensive federal privacy framework, states have been passing their own unique privacy laws. That’s created pressure on policymakers in Washington to create national rules. When policymakers think about writing new rules for how companies can interact with consumer data, they often have only the practices of bad actors or the largest Internet companies in mind.

#StartupsEverywhere: San Francisco, Calif.

#StartupsEverywhere: San Francisco, Calif.

Fabio Caironi is the Founder & CEO of ByteNite, a company that specializes in making computing more affordable and powerful by distributing the task of data encoding. ByteNite enables users to join their distributed network of personal computing devices to earn rewards for the use of their computing power to process and store data. In addition to learning about how he thinks about issues of data privacy, we spoke with Fabio more about the company he’s building and his firsthand experience navigating the complex U.S. immigration system.

Startup News Digest 05/05/23

Startup News Digest 05/05/23

The Big Story: “Children’s safety” push for more data collection, content scanning. Lawmakers reintroduced and advanced legislation that would push Internet companies of all types and sizes to collect more data from their users and scan public and private user content in the name of childrens’ safety. The bills—including the Kids Online Safety Act, the Children and Teens’ Online Privacy Protection Act, which were reintroduced this week, and the Eliminating Abusive and Rampant Neglect of Interactive Technologies (EARN IT) Act, which advanced out of the Senate Judiciary Committee this week—would remake the regulatory framework that enables startups to grow and succeed. 

Startup News Digest 04/28/23

Startup News Digest 04/28/23

The Big Story: Over 65 startups call for uniform federal privacy law. This week, startups are calling on Congress to pass a federal privacy law that takes the startup ecosystem into account. A coalition of startups and support organizations across 26 states sent a letter to Congress urging lawmakers to pass a law that creates uniformity, promotes clarity, limits bad faith litigation, accounts for the resources of startups, and recognizes the interconnectedness of the startup ecosystem. The letter comes as states continue to enact their own unique data privacy laws, and as a Congressional committee explored the problems posed by a sectoral federal privacy landscape in a hearing this week. 

#StartupsEverywhere: Flint, Mich.

#StartupsEverywhere: Flint, Mich.

With an academic and entrepreneurial background in the sciences, Utopic Ventures Founder and General Partner Neil Thanedar seeks to provide pre-seed capital to an underserved segment of the innovation ecosystem: scientist-run startups. We spoke with Neil about his passion for scientific and deep-tech companies, the impact of the accredited investor definition on the investing world, and his desire to make Michigan the next tech hub.

Startup News Digest 04/21/23

Startup News Digest 04/21/23

The Big Story: Non-compete ban would boost the startup ecosystem. Policymakers received thousands of comments this week as a key agency considers a change that would make it easier for people to leave their jobs, including to found and join early stage startups. In conjunction with the Juelsgaard Intellectual Property and Innovation Clinic, Engine submitted comments this week to the Federal Trade Commission urging the agency to move forward with a proposed rule change that would ban most non-compete agreements, which are post-employment contracts that bar workers from taking up jobs with competitors for a prescribed period of time.

#StartupsEverywhere: Hampton, Va.

#StartupsEverywhere: Hampton, Va.

100 percent-disabled veteran Dr. Ahmad Glover had a goal of developing touchless wireless power networking technologies that would recharge devices and provide power the same way that we get WiFi: over the air. We spoke with Dr. Glover about his unique experience with the U.S. innovation ecosystem, the importance of telecom and power in rural areas, and how policymakers should think about spectrum selloff and prioritizing