“[W]hen everybody is participating and given a shot, there’s nothing we
cannot do. …Because when we've got everybody on the field, that's when
you win games.”
President Obama at Boise State University, January 21, 2015
President Obama at Boise State University, January 21, 2015
Right now, somewhere in America, someone is thinking of an idea that
might sound unbelievable right now, but could become an indispensable
product to billions of people in a matter of years.
But even the most innovative idea will fail if it doesn't have the environment it needs to grow.
Right now, too many Americans have the grit and creativity of a
world-class entrepreneur, but not the resources—whether that's
mentorship, networking, funding, or training—to make their ideas a
reality. We can help change that.
The first-ever White House Demo Day will bring together entrepreneurs
from all walks of life, from all across the country. And unlike a
private-sector Demo Day, where entrepreneurs show off for funders, ours
will "demo" individual success stories, highlighting the individual
journeys of a diverse set of entrepreneurs—people whose stories show
exactly why we need to grow the pie to make sure there's opportunity for
everyone in our innovation economy.
Because if we're going to keep our lead as the best place on the
planet to start and scale the next big innovative idea into a
world-changing company, we've got to make sure more startup hotbeds
emerge in every corner of America, and that those underrepresented in
entrepreneurship are being tapped to fully contribute their
entrepreneurial talents.
In the coming weeks, we'll release more details on the event—which
will build on steps the Administration is already taking to empower a
diverse set of entrepreneurs from around the country to launch and scale
innovative companies.
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