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Swalwell bill aims to encourage college-student entrepreneurship

Legislation would create grant program to fund university business incubators

U.S. Rep. Eric Swalwell (D-Dublin) introduced a new bill this month aimed at spurring young entrepreneurs by creating a competitive grant program to establish, expand or enhance business incubators at universities and colleges.

"Because of rising student loans, entrepreneurship among young Americans is at 24-year-low," Swalwell, whose district includes San Ramon, said in a statement. "We shouldn't let student loan debt hold millennials back from pursuing their entrepreneurial dreams."

House Resolution 3990, dubbed the "Start-Up America's Students Act," would establish the first-ever Small Business Administration competitive grant program that specifically funds university business incubators -- facilities on college campuses that provide shared spaces, resources and assistance for creating and growing student-owned small businesses.

"Universities and colleges can provide the perfect environment to foster innovation and entrepreneurship. However, many schools lack the resources to invest in an incubator," Swalwell said, adding that his proposed legislation would help fill that financial void.

Joining the local congressman in co-sponsoring the bill were U.S. Reps. Derek Kilmer (D-Wash.), Patrick Murphy (D-Fla.), Ruben Gallego (D-Ariz.) and Hakeem Jeffries (D-N.Y.).

All five are members of the Future Forum, a group chaired by Swalwell and comprised of the youngest Democratic Congress members that focus on issues and opportunities for American millennials.

They hope HR 3990 will "give more students opportunities to get businesses off the ground," according to Swalwell.

The bill was referred to the House Committee on Small Business on Nov. 5.

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Comments

Like this comment
Posted by Herman Glates
a resident of Danville
on Nov 18, 2015 at 7:18 am

Herman Glates is a registered user.

Just what we need, another government organization spending taxpayer money.

Looks like political pandering to me.

Here’s an idea for big government: Stop borrowing $2 billion a day.


2 people like this
Posted by T R Glowdyte
a resident of Blackhawk
on Nov 18, 2015 at 9:44 am

Yes! There should be NO support for education, starting in Kindergarten.

If those rotten kids want to have babies, then they can sure as hell PAY for 'em. Invest in our common future?? HAH -- I got mine, so batten the gate and pull-up the drawbridge!


Like this comment
Posted by Herman Glates
a resident of Danville
on Nov 18, 2015 at 9:51 am

Herman Glates is a registered user.

Straw man much?


Like this comment
Posted by T R Glowdyte
a resident of Blackhawk
on Nov 18, 2015 at 11:54 am

Not really.

I embody the very short-sighted, mean-spirited approach of we who succeeded in much less difficult times, and who see no value in investing in the minds of our future as a state and nation.

For instance, I see no difference between student loans and car loans -- both are just debt obligations best handled by profit-seeking financial institutions at whatever rate the market will bear. I see no role of government in providing or encouraging low-interest education loans, because: government. Cue Ronald Reagan, the stealth Keynesian.

It is all of a piece. I am ridiculous, but I am no strawman.


Like this comment
Posted by Herman Glates
a resident of Danville
on Nov 18, 2015 at 12:37 pm

Herman Glates is a registered user.

You’re so full of straw, you’re like the scarecrow in the Wizard of Oz.

No one is saying there should be no support for education, that our kids are rotten, and there should be no investment for a common future.

In fact, I’m saying the opposite.

The government borrowing $2 billion per day is the OPPOSITE of investing in the future.


Like this comment
Posted by Dave
a resident of Danville
on Nov 18, 2015 at 12:38 pm

Oh, don't goad HG. You're interrupting his nap. (And he's dreaming about the good old days again.)


Like this comment
Posted by T R Glowdyte
a resident of Blackhawk
on Nov 18, 2015 at 12:56 pm

Dave -- I believe he prefers to be addressed as "Tin Man."


Like this comment
Posted by Herman Glates
a resident of Danville
on Nov 18, 2015 at 1:07 pm

Herman Glates is a registered user.

Tin man = no heart.

Ha ha.

But as I recall, the scarecrow had no brain.

:)


Like this comment
Posted by Progressive
a resident of San Ramon
on Nov 18, 2015 at 2:10 pm

H Glates is the Elephant(GOP), with no brains, in the room.

He got his enough said.

If he wants to cut $2 billion a day I agree. Lets start with the military, then the Oil companies and finally any corporate subsidies.

Sorry, my first priority would be to remove the gerrymandering GOP. It's so strange and sad that they get their asses handed to them in the general election but continue to control congress by a wide margin. These guys have not done a thing since 2010, except wasting our time and money on stupid investigations.

If they want to indict somebody how about Bush/Chaney for the mess were into today. I see Jeb, Trump want to send in ground troops. These guys just don't learn.

Throw the bums out and let the grownups govern.


Like this comment
Posted by Herman Glates
a resident of Danville
on Nov 18, 2015 at 2:37 pm

Herman Glates is a registered user.

Elephants are smarter than donkeys.

You could get rid of the entire military and it still wouldn’t pay our bills.

“Oil subsidies” don’t add up to jack squat.

You sound like a kid who doesn’t know how to balance a checkbook.


Like this comment
Posted by T R Glowdyte
a resident of Blackhawk
on Nov 18, 2015 at 2:46 pm

The fact that some strawman has no brain is not evidence that the heartless Tinman does have one. Especially when there is ample evidence to the contrary sprinkled throughout the Town Square.


Like this comment
Posted by Arlene
a resident of San Ramon
on Nov 23, 2015 at 9:27 am

Oh dear. We seem to be off topic.

The topic should be: Enough Already. Bills are introduced as a bench mark for the politicians. How many bills they get passed in their term seems to be a measure of their effectiveness. It is their waste of time and resources that is the BIG issue.

There are way too many bills on the books. If politicians can't think of anything better to do, they should volunteer in a classroom- on a regular basis- and help with the teacher's a lesson plan. Not just visit and shake hands. They should monitor a hallway during lunch. They should tutor math in a "poor" school- again on a regular basis.

The job description of writing and passing bills is insulting to those of us who expect more of the elected class.


Sorry, but further commenting on this topic has been closed.

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