Economic Development Job Creation and Entrepreneurship

Many individuals are motivated and capable of developing small businesses but lack access to credit or have little business expertise. Recognizing this untapped potential, DOL initiated a demonstration to test ways of helping emerging entrepreneurs create, sustain, and/or expand their existing small businesses. We evaluated this initiative, Project GATE (Growing America Through Entrepreneurship), finding that it had a small but significant effect on business ownership. We also conduct the Kauffman Firm Survey, the largest longitudinal survey of new businesses in the world, to catalyze understanding of how various factors influence entrepreneurship.

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