JumpStart America, an initiative of JumpStart Inc., accelerates outcome-driven, regional entrepreneurial initiatives focused on high growth startups and existing firms to create hundreds of thousands of U.S. jobs.
The United States needs to create 25 million full-time jobs by the year 2020 to return the national unemployment rate to pre-2008 recession levels. Given that all net new U.S. job growth since 1990 has come from firms fewer than five years old, the only way America can generate the necessary number of jobs is by focusing its national strategy on supporting young, high growth firms.
JumpStart America is focused on marshaling public, private and philanthropic resources to spur high growth entrepreneurship across the country by accelerating and scaling regional innovation and entrepreneurial ecosystems.
Objectives
- Serve as a national resource for programmatic best practices, shared services, tools and public policy advocacy that supports and accelerates the economic impact of high growth firms
- Leverage more than $2 billion of public, private and philanthropic support to develop regional plans that accelerate young, high potential firms, with an emphasis on inner city and minority-led firms
- Help regions dramatically increase their ability to provide resources that enable startup and existing firms to attract capital, and create economic opportunities and jobs
- Accelerate the economic impacts and outcomes of more than 10,000 firms so they create hundreds of thousands of private sector jobs by 2020.
Have more questions about JumpStart America? Read the fact sheet.