[Congressional Record (Bound Edition), Volume 160 (2014), Part 11]
[Senate]
[Page 15967]
[From the U.S. Government Publishing Office, www.gpo.gov]




SENATE RESOLUTION 582--EXPRESSING SUPPORT FOR DESIGNATION OF THE THIRD 
         TUESDAY OF NOVEMBER AS ``NATIONAL ENTREPRENEURS DAY''

  Mr. MORAN (for himself and Mr. Booker) submitted the following 
resolution; which was referred to the Committee on Commerce, Science, 
and Transportation:

                              S. Res. 582

       Whereas since the founding of the United States, 
     innovation, creativity, industriousness, and entrepreneurship 
     have formed the economic fiber of the United States;
       Whereas entrepreneurs have long been vital to the economic 
     health and growth of the United States;
       Whereas the willingness of entrepreneurs to assume risk has 
     resulted in unparalleled contributions to the growth and 
     development of the United States;
       Whereas entrepreneurship is the stimulus for strengthening 
     the economy, advancing innovation, improving productivity, 
     and creating new jobs;
       Whereas research shows that innovation has been responsible 
     for approximately \2/3\ of the economic growth of the United 
     States since World War II;
       Whereas more than 500,000 new businesses are created in the 
     United States every month and small business openings have 
     accounted for 40 percent of new jobs in the last 20 years;
       Whereas research shows that businesses 5 years or younger 
     were responsible for nearly every net new job in the economy 
     of the United States between 1980 and 2005;
       Whereas entrepreneurs and the businesses created by 
     entrepreneurs are responsible for roughly 3,000,000 jobs 
     every year;
       Whereas despite economic instability, 56 percent of adults 
     were confident that they could start a business and 82 
     percent of entrepreneurs in 2012 used their own savings for 
     startup cash, indicating that entrepreneurial spirit remains 
     strong in the United States;
       Whereas collaboration and cooperation amidst a broad 
     coalition of organizations, including nonprofit 
     entrepreneurial incubators, angel investors, venture 
     capitalists, crowd-funding initiatives, and other early-stage 
     investors, catalyze entrepreneurial ventures;
       Whereas the Federal Government must continue to promote 
     entrepreneurship in all communities by ensuring that 
     entrepreneurs find the necessary resources to pursue their 
     ideas;
       Whereas support for entrepreneurs, including firms managed 
     and owned by women and other minorities, strengthens the 
     overall economy of the United States;
       Whereas entrepreneurial literacy skills serve as one of the 
     21st-century content areas critical to success in communities 
     and workplaces;
       Whereas more than 70 percent of young people in the United 
     States envision starting a business or pursuing an 
     entrepreneurial endeavor as adults;
       Whereas positive outcomes for youth who participate in 
     entrepreneurship education programs include improved academic 
     performance, increased critical thinking skills, and 
     heightened occupational aspirations;
       Whereas to maintain the position of the United States as a 
     world economic leader, government, entrepreneurs, 
     institutions of higher education, and businesses of all sizes 
     must be united in a comprehensive effort to welcome and 
     cultivate entrepreneurial activities in the United States;
       Whereas entrepreneurs face significant barriers that the 
     Federal Government must work to reduce so that all 
     entrepreneurs in the United States have a chance at success;
       Whereas entrepreneurship is the best offense for economic 
     progress and the finest defense against the status quo for 
     the United States; and
       Whereas the third Tuesday of November would be an 
     appropriate date to designate as ``National Entrepreneurs 
     Day'': Now, therefore, be it
       Resolved, That the Senate--
       (1) supports the designation of ``National Entrepreneurs 
     Day'';
       (2) recognizes the considerable contributions of 
     entrepreneurs to the United States; and
       (3) honors those entrepreneurs who ignite innovation and 
     inspire the next generation.

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