[United States Statutes at Large, Volume 124, 111th Congress, 2nd Session]
[From the U.S. Government Printing Office, www.gpo.gov]

 
PROCLAMATION 8600--NOV. 15, 2010

Proclamation 8600 of November 15, 2010
National Entrepreneurship Week, 2010
By the President of the United States of America
A Proclamation

Entrepreneurs embody the promise that lies at the heart of America--that
if you have a good idea and work hard enough, the American dream is
within your reach. During National Entrepreneurship Week, we renew our
commitment to supporting the entrepreneurs who power the engine of our
Nation's economy. These intrepid individuals translate their vision into
products and services that keep America strong and competitive on a
global scale, and build opportunity and prosperity across our country.
As we emerge from a historic economic recession, my Administration has
taken decisive action to accelerate growth and remove barriers for
entrepreneurs and small business owners to grow, hire, and prosper. At a
time when small business lending standards had tightened considerably,
the American Recovery and Reinvestment Act helped the Small Business
Administration (SBA) work with lenders to provide critical SBA loans.
These loans assisted thousands of entrepreneurs in starting new
businesses, employing workers, and jumpstarting our economy. I was also
proud to sign the Small Business Jobs Act of 2010, the most important
investment in small businesses in more than a decade. This legislation
will make it easier for them to expand and hire, creating tax breaks and
accelerating more than $55 billion in tax relief for entrepreneurs and
small business owners by the end of 2011.
To harness the ingenuity of the American people, my Administration has
developed a national innovation strategy, which emphasizes
entrepreneurship as a catalyst for new industries, new businesses, and
new jobs. This strategy focuses on key investments to foster American
innovation, improving education, building a 21st-century infrastructure,
and bolstering our ability to conduct cutting-edge research. It also
seeks to promote and facilitate competitive markets for entrepreneurs,
and to support breakthroughs in areas of national priority--including
alternative energy, health care technology, and advanced vehicle
technologies. In addition, the new National Advisory Council on
Innovation and Entrepreneurship is collecting input from across the
United States to recommend policies that will bolster our economic
growth and lead to sustainable, well-paying American jobs. I encourage
aspiring entrepreneurs and other Americans interested in promoting
innovation to visit www.SBA.gov for resources and information.

All Americans can play a role in increasing the prevalence and success
of new start-ups. Business leaders can mentor a budding entrepreneur who
has an original idea and the will to execute, but could benefit from the
guidance of an experienced owner or operator. Philanthropists can expand
entrepreneurship education for ambitious students at underserved schools
and community colleges. Universities can accelerate the transition of
scientific breakthroughs from the lab to the marketplace. Together, we
can help millions of entrepreneurs create the industries and jobs of the
21st century and solve some of the toughest challenges we face as a
Nation.

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NOW, THEREFORE, I, BARACK OBAMA, President of the United States of
America, by virtue of the authority vested in me by the Constitution and
the laws of the United States, do hereby proclaim November 14 through
November 20, 2010, as National Entrepreneurship Week. I call upon all
Americans to commemorate this week with appropriate programs and
activities, and to celebrate November 19, 2010, as National
Entrepreneurs' Day.
IN WITNESS WHEREOF, I have hereunto set my hand this fifteenth day of
November, in the year of our Lord two thousand ten, and of the
Independence of the United States of America the two hundred and thirty-
fifth.
BARACK OBAMA