Startup America Partnership helps smaller businesses grow

A three month old private entity, started by the White House, is aiming to make owning a small business easier. Over a dozen new businesses have pledged $400 million to help entrepreneurs grow their companies. Article source – Startup America Partnership helps small businesses grow by MoneyBlogNewz.

The Startup America Partnership

The United States government works in a partnership with Startup America which is privately funded. The Startup America Partnership is privately managed and funded. Nevertheless, it is a White House initiative technically. The point of Startup America is to give discounts to entrepreneurs. This will help them start new companies of their own. The partnership provides preferred pricing and discounts to members of Startup America as well as workshops, classes and business information that could otherwise cost thousands of dollars. Small Businesses account for 44 percent or more of U.S. payroll and generate more than 60 percent of new jobs in the United States. Part of the partnership is to encourage hiring in small businesses. This will help them grow.

$400 million in new funding

Startup America made an announcement on April 20. Big-name businesses donated over $400 million to the organization. American Express has committed $125 million in preferred pricing for Startup America companies. There was a Google donation as well. It came in the form of Google Ad credits worth $100 million. Even Facebook has gotten involved. It will host May’s “Startup Days” this year. HP is offering $100 million in discounts on products for startup corporations. Cisco, Ernst and Young, First Data, LinkedIn, The National center for Women & Information Technology and Palindrome Advisors have also signed up to provide services and discounts. Several partnerships with companies already existed. Included in this list are The Pearson Foundation, American Association of Community Colleges, Causecast, Intel, FirstData, Google, Intuit, Microsoft, Atisa, Cisco, Mass Challenge, IBM and Artists & Instigators.

Make an effort to sign up

Do you have a business idea or already own a small business? The Startup America Partnership can help you. You may have already gotten a personal loan to start your business. Either way, it is quite simple. Go to Startupamericaparternship.org, register, and start looking at deals. All the programs will be listed there, even though there are different requirements for the various Startup America Partnership programs. The business will determine how much money the Startup America Partnership program will save you. It could be thousands though.

Articles cited

Startup America Partnership Website

startupamericapartnership.org/

SBA.gov

sba.gov/advocacy/7495/8420