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New From the GAO

October 23, 2014 Comments off

New GAO Report
Source: Government Accountability Office

Small Business Administration: Additional Steps Needed to Help Ensure More Timely Disaster Assistance. GAO-14-760, September 29.
http://www.gao.gov/products/GAO-14-760
Highlights – http://www.gao.gov/assets/670/666218.pdf
Podcast – http://www.gao.gov/multimedia/podcasts/666521

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Bridging the Entrepreneurship Gender Gap: The Power of Networks

October 23, 2014 Comments off

Bridging the Entrepreneurship Gender Gap: The Power of Networks
Source: Boston Consulting Group

It’s often been said that women are the most underutilized asset in the world. Studies have shown that the economic inclusion of women is fundamental to reducing gender inequality and spurring overall economic growth. Women’s economic participation has been shown to have a multiplier effect: the economic empowerment of one woman ripples meaningfully to her children and family—even to entire communities and nations.

Still, women face a range of challenges—such as restrictions on the hours they can work and the types of jobs they’re allowed to take—that keep them from accessing opportunities in the traditional economy and being fully productive members of the workforce. Entrepreneurship thus provides an important means for women to empower themselves and define their own economic participation when other employment opportunities may not be available. The broader economic impact is substantial; in fact, if women and men participated equally as entrepreneurs, global GDP could rise by as much as 2 percent or $1.5 trillion, according to research by The Boston Consulting Group.

Female self-employment in the United States: an update to 2012

October 21, 2014 Comments off

Female self-employment in the United States: an update to 2012
Source: Bureau of Labor Statistics

This article uses data from the Current Population Survey to examine changes in the demographic and socioeconomic characteristics of self-employed women over the 1993–2012 period. The analysis suggests that these female workers, who represented about one-third of all self-employed individuals in 2012, have weathered recessions relatively well and made considerable strides in educational attainment and earnings. In addition, they have become more diverse in terms of race, family characteristics, and health status.

Canada’s Top Entrepreneurial Cities, 2014

October 21, 2014 Comments off

Canada’s Top Entrepreneurial Cities, 2014
Source: Canadian Federation of Independent Business

Historically, and for a variety of reasons, CFIB has found entrepreneurial characteristics to be strongest in Canada’s prairie cities and the urban areas that ring large urban cores. What they have in common is ‘newness’—the prairie economies have only been developed in the past 150 years or so. Only a few generations separate today’s urban prairie residents from their entrepreneurial forbearers. Similarly, suburban entrepreneurs sought the benefits of urban markets already in place, but found outlying areas more conducive to the structure and cost of doing business.

One often sees higher entrepreneurial activity in resource regions as well–although economies there can suffer from wider boom and bust business cycles. Favourable resource development conditions will attract businesses seeking to service increased activity—and, when conditions deteriorate, a strong base of experienced business owners often becomes the primary pillar of community support.

Among major centres, Canada’s overall top-ranked entrepreneurial communities in 2014 fit all these main characteristics. The combined communities of Airdrie, Rocky View, Cochrane and Chestermere that ring around Calgary’s periphery takes the top score of 70.8 out of a possible 100. This area also received the top score in 2012 and 2013. Periphery communities around Edmonton (which include Strathcona County, St. Albert, Parkland, Spruce Grove, Leduc and other smaller municipalities) climbs to second spot. Saskatoon slipped back a little, but still held its place above Saskatchewan’s other major city Regina. Kelowna is not far behind in fifth spot.

Among mid-sized urban areas, the prairie region is also still well represented, including Lloydminster, Fort McMurray, Grande Prairie and Red Deer. Here, the obvious common element is the resource sector, which has offered many new entrepreneurial and development opportunities. Medicine Hat is another Alberta community in the top 10, as are Camrose and Brooks, which are new to the study this year. Another newcomer, Collingwood, is Ontario’s representative in the group, while Thetford Mines and Saint-Georges takes Quebec’s top spots.

Report debunks Canadians’ misconceptions about agriculture

October 10, 2014 Comments off

Report debunks Canadians’ misconceptions about agriculture
Source: Canadian Federation of Independent Business

Farming in Canada isn’t what many Canadians think. CFIB’s report, Realities of Agriculture in Canada – A sector of innovation and growth, debunks Canadians’ misconceptions about agriculture.

According to a recent study commissioned by the federal government, Canadians have many misconceptions about the agriculture industry, including that it’s not innovative, is shrinking, it potentially harms the environment, and that family farms are becoming extinct. Our new report, which debunks these misconceptions, is based on data collected from CFIB farm members who participated in our The State of Canadian Agriculture Survey.

Results show that, in fact, the majority of farmers – 51% – plan to adopt new, innovative technologies over the next three years, and 44% are planning to expand their business.

State of Asian Americans and Pacific Islanders Series

October 7, 2014 Comments off

State of Asian Americans and Pacific Islanders Series
Source: Center for American Progress

Asian Americans and Pacific Islanders, or AAPIs, are a significant factor in the changing demographics in the United States. But the lack of centralized and accessible data has created a large knowledge gap about this fast-growing and influential group. Data about this group have often not been available or presented in a way that is accessible to policymakers, journalists, and community-based organizations.

The Center for American Progress in conjunction with AAPI Data, a project at the University of California, Riverside, have launched a series of reports on the state of the Asian American and Pacific Islanders communities, featuring the most comprehensive research and analysis of its kind for the AAPI population in the United States. The report series will provide an unprecedented look at this community and provide new insight and analysis along various issue areas including: demographics, public opinion, immigration, education, language access and use, civic and political participation, income and poverty, labor market, consumer market and entrepreneurship, civil rights, health care, and health outcomes.

2012 Business Dynamics Statistics

September 30, 2014 Comments off

2012 Business Dynamics Statistics
Source: U.S. Census Bureau

The Business Dynamics Statistics provide annual statistics on establishments, firms, and job creation and job destruction from 1976 to 2012 by firm age and size. These statistics are crucial to understanding current and historical U.S. entrepreneurial activity. The statistics come from a collaboration between the Census Bureau’s Center for Economic Studies, the Small Business Administration, and the Ewing Marion Kauffman Foundation, an American nonprofit organization that focuses on entrepreneurship.
For the first time, this data will be available in the . The API allows more access and easier customization of data products. Developers could use the statistics available through the API to create a variety of apps and tool.

Further information on the Business Dynamics Statistics release can be found at <http://www.census.gov/ces/dataproducts/bds/data.html>.

The Business Dynamics Statistics visualization tools can be found at <http://www.census.gov/ces/dataproducts/bds/visualizations.html>.

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