Does President Obama’s Startup America program still have you confused? Well, it seems like you’re not the only one. As part of its WhiteBoard series, The White House released this how-to video led by Austan Goolsbee, Chairman of the Council of Economic Advisers, explaining how the public-private initiative is helping entrepreneurs get pass the “valley of death.”
With marker in hand, Goolsbee draws out an overview and discusses how it’s all supposed to theoretically work: startups need more access to capital, less regulations, real mentor and advisers, and tax relief and incentives.
“We’re going to out innovate the world,” says Goolsbee. Fingers crossed!
Watch the video below.
