Political Quotes

“I am introducing the Startup Entrepreneur Empowerment Delivery, SEED, Act today to address the challenges faced by startup businesses in North Dakota, as well as other rural States and small cities, by helping them get the early stage funding they need to grow their business. Access to capital is one of the single largest barriers between startup businesses and success. This bill addresses the unique needs of startup companies in our country's more rural States by creating a pilot program through the U.S. Department of Commerce aimed at providing small amounts of capital to qualifying startups. Innovation does not just happen in Silicon Valley or at our country's biggest research institutions. Innovative ideas are blooming in our heartland and startups are forming on our main streets making the entrepreneurial ecosystem of our smaller cities stronger than ever before. But too often, we hear the same challenges from startups and small businesses that they are trying to fit a square peg into a round hole, meaning they run into the barrier of not being able to qualify for Federal support or Federal programs because they are asking for too little funding. We can't let these innovators slip through the cracks. The Startup Entrepreneur Empowerment Delivery, SEED, Act would grant financial assistance to ten small sized cities across the country which then would make awards directly to startups to use for marketing, infrastructure, recruitment and hiring resources.…”