by jamestkirk, Creator
- Created: November 25, 2009, 7:52 pm
governemnts arond the world have created stimulus packages with the intent of stimulating the economy and keeping people working.
While I can see the value in ensuring that major comanies don't go under and flood the employment market, I can't help but wonder if the packages we've seen are really getting to the root issue.
New businesses create jobs. Small businesses for the main part. What would seem to be a good idea would be to try and encourage more people to start their own businesses.
Here's what I'm thinking:
start a governement fund of a few million dollars - peanuts in the greater scheme of things - and have open application for people seeking money to fund their start-up. submissions would be reviewed by experts in their industry and sucesful applicants invited to present their idea in person.
If a convincing case is put forward, the gov give the entrepreneur a grant towards their start up costs, in exchange for a % share in the new venture. This share can be bought out over time if the business is sucessful.
If more people - particularly those unemployed at present - can be encouraged to go into business for themselves then even if only a small % actually succeed it would be worth it.
appreciate thoughts on this idea - Do you think it has a future?
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