Friday, September 5, 2014

Study: Is American Entrepreneurship Growing "Less Dynamic Than Ever?"


Entrepreneurship is often touted as the fuel that fires our economy.  But this new study casts doubt on that assumption.

Here in Texarkana USA, we need to find new ways to fuel entrepreneurship to include:

·         Establishment of a small business development center that is active and thriving;
·         Development of venture and early phase start-up capital programs that connect high net worth individuals and funds with individual entrepreneurs; and
·         A university culture at Texas A&M University Texarkana and in our community colleges that encourages innovation and risk taking.

Thinking about how we create and sustain a viable culture of entrepreneurship is something we are working on at your Chamber.

America’s leadership in media and information content exported around the world is certainly one area were entrepreneurs are flourishing.  To make Texarkana USA a viable option for this kind of market, we need make sure we can access the latest in communications and broadband internet technology.

Just like the new interstate highways bring new opportunities in logistics and manufacturing, development of our information networking capability will help us grow that part of our economy.

Next week we will be hosting a meeting with leaders from the States of Arkansas and Texas to help our region begin the planning process to revolutionize our broadband network.  Subsequent meetings will involve business and institutional leaders who will help us inventory and plan for our future broadband needs.

This unseen and often taken for granted infrastructure will be key to the success of companies who need to move information globally.  Stay tuned for more updates on this vital effort.

It’s another great day at the Texarkana USA Chamber of Commerce….Bill Cork

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