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FACT SHEET: WHITE HOUSE LAUNCHES “STARTUP AMERICA” INITIATIVE. Public and Private Partners Invest in American Entrepreneurs “Startup America” is a White House initiative to celebrate, inspire, and accelerate high-growth entrepreneurship throughout the nation. This coordinated public/private effort brings together an alliance of the country’s most innovative entrepreneurs, corporations, universities, foundations, and other leaders, working in concert with a wide range of federal agencies to dramatically increase the prevalence and success of America’s entrepreneurs. This mission to promote entrepreneurship is a core component of President Obama’s national innovation strategy for achieving sustainable growth and quality jobs. Not only do startups bring a wealth of transformative innovations to market, they also play a critical role in job creation across the United States.

OBAMA ADMINISTRATION COMMITMENTS Expanding Access to Capital for Entrepreneurs SBA to Launch Two $1 Billion Initiatives for Impact Investing and Early-Stage Seed Financing: U.S. U.S. Government IT, Government Technology, IT in Government ? FierceGovernmentIT. Telework Improvement Act goes to Obama. The Telework Improvement Act (H.R. 1722) is now set to become law, following a Nov. 18 vote by the House of Representatives to approve the bill after the Senate passed it by unanimous consent earlier this year. The House vote was 254 to 152 with mostly Republicans voting nay. Among the no voters was Rep. Darrell Issa (R-Calif.), putative chairman of the House Oversight and Government Reform committee. Opponents have said the bill will cost taxpayers too much money; the Congressional Budget Office estimates (.pdf) implementation will cost $32 million for the act's first six years.

The final bill, which President Obama is expected to sign, doesn't include language from an earlier House-approved version that would have required agencies to certify that telework programs save money. Sign up for our FREE newsletter for more news like this sent to your inbox! The bill requires agency heads to establish a telework policy and determine which employees are eligible for telework. Cloud for Clunkers: The 25 Point Plan to Accelerate Open Government | Cloud Ventures. Vivek Kundra, White House CIO, has just published a 25 point plan to reform federal IT spending, to deliver better Business Value to the American public for their $80 billion a year spending. What is exciting to our Cloud Ventures point of view is the shift to a “Cloud first” procurement policy. Kundra wants to transform IT projects from slow and monolithic to fast and modular, achieved by utilizing the Cloud, and this will drive a wave of new Cloud industry innovation and growth.

He explains the heart of Cloud computing by clarifying the primary business benefit of the technology, illustrated through describing the difference between a commercial business utilizing the Cloud, a movie-sharing start-up using it for their web site, versus the ‘Car Allowance and Rebate System’ government project, otherwise known as ‘Cash for Clunkers’. In contrast they opted for the ‘traditional’ in-house data-centre approach. 25-Point-Implementation-Plan-to-Reform-Federal%20IT. Chief Information Officers Council.