Innovation and Entrepreneurship

Adopted and implemented correctly, regulatory oversight can boost competition and make markets more effective for everyday people. Far too often, regulations impose obstacles to new businesses, running the risk of stifling growth and limiting entrepreneurial opportunities. In many cases, regulatory oversight protects middle class Americans but still needs fine-tuning to operate more effectively. 

Small businesses and startups are the engines that drive our economy and the entrepreneurs who start them help spur the growth that makes everyone more prosperous. More new businesses mean new ideas and more opportunities for consumers to purchase the goods and services they need. A recent study by the Ewing Marion Kauffman Foundation found that companies less than one year old have created on average 1.5 million jobs a year over the last three decades and companies less than five years old created all of the net new jobs. The ability of an entrepreneur with a good idea to raise capital and start a business is critical to expanding economic growth through sustaining and increasing the number of jobs new businesses create. 

More on Innovation and Entrepreneurship

May 17, 2018 Press Release

New Democrat Coalition Lays Out New Economic Opportunity Agenda: A Future that Works

New Democrat Coalition announces policy priorities that will help make sure our workers are prepared for the jobs of the future

Nov 29, 2017 Press Release

Today, New Democrat Coalition Chair Emeritus Ron Kind (WI-03) introduced the bipartisan Exploring the Future of Work Act, which would review the workforce challenges that exist due to technological advances. The bill will lead to policy recommendations to help make sure American workers are prepared and trained for jobs in the 21st century economy.

Oct 26, 2017 Press Release

Today the New Democrat Coalition, through the leadership of New Democrat Coalition Cybersecurity Task Force Co-Chairs Reps. Derek Kilmer, Kathleen Rice, Josh Gottheimer, unveiled a robust cyber policy plan. Recent high-profile cyber incidents and the rise of Ransomware have shown the very real consequences of cyber threats.  Cyber threats have evolved alongside new innovations so Congress must do more to secure our nation, families and businesses.

Oct 25, 2017 Press Release

As it stands, the Current Population Survey does not adequately calculate data for the transforming economy

Sep 5, 2017 Press Release

Today, New Democrat Coalition Chair Jim Himes (CT-04) condemned the Trump administration’s decision to end the Deferred Action for Childhood Arrivals (DACA) program.

Jul 18, 2017 Press Release

Washington, DC – This week, 48 Members of the New Democrat Coalition sent a letter to President Trump calling for a robust commitment to apprenticeship programs. The letter, led by Reps. Cheri Bustos (IL-17), Terri Sewell (AL-07), Ann McLane Kuster (NH-02), and Donald Norcross (NJ-01), outlines the importance of apprenticeships and urges the administration to maintain strong levels of funding for apprenticeship initiatives across the country.

May 26, 2017 Press Release

Yesterday New Democrat Coalition Vice-Chair Rep. Suzan DelBene (WA-01) introduced bicameral legislation with Senator Mark Warner (D-VA) to test and evaluate innovative portable benefit designs for the growing independent workforce. New Democrat Coalition Chair Jim Himes (CT-04) and New Democrat Coalition Future of Work Task Force Co-Chairs Seth Moulton (MA-06), and Jared Polis (CO-02) also signed onto the legislation.

Feb 2, 2017 Page

Co-Chairs: Representative Jared Polis, Bill Foster, and Seth Moulton

The Future of Work Task Force will investigate trends in innovation, the workforce, and the economy that are changing the ways Americans work today and in the future.

View more on the New Democrat Coalition's work on the future of work.

Feb 2, 2017 Press Release

Today, Chair Emeritus Rep. Ron Kind (WI-03) introduced the Investing in Opportunity Act, which will boost economic growth in communities that have been left behind by incentivizing more private sector investment. The New Democrat Coalition is committed to growing the economy and increasing opportunities for all Americans.  New Democrats support solutions to boost private sector investment to help communities across the country grow and thrive so that all Americans feel they are getting a fair shot at economic opportunities.

Jan 27, 2017 In the News

Rep. Suzan DelBene (WA-01), a biopharma executive-turned-lawmaker, pushes for more federal research funds. Recently named to the House Ways and Means Committee, DelBene said her priorities include the repeal of taxes on medical devices, as well as a reduction in taxes on small businesses. She also plans to fight against attempts to repeal of the Affordable Care Act and oppose efforts to privatize Medicare. DelBene has also been a leading advocate of increased federal funding for the National Institutes of Health.