AOL Co-Founder Steve Case to Head White House Startup Initiative

Startup Partnership America hopes to bring together the public and private sectors in support of entrepreneurs.

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On the case: AOL co-founder Steve Case will head Startup Partnership America, a new White House initiative.In an effort to foster startup activity, jump-start job creation and encourage corporate investment in small businesses, the White House on Monday announced a new initiative called Startup Partnership America. The private program, which will be chaired by AOL co-founder Steve Case and funded in part by the Case Foundation and the Ewing Marion Kauffman Foundation, aims to bring together entrepreneurs, corporations, foundations, universities, CEOs and other leaders to "spur the creation, scale, and support of high-growth firms."

As part of the initiative, Facebook will launch Startup Days, sponsoring events across the country to help entrepreneurs build businesses off the Facebook platform, complete with design support and engineering assistance. Google, meanwhile, will partner with the nonprofit Network for Teaching Entrepreneurship (NFTE) to offer lessons to at-risk high school students in the Bay Area.

Several technology companies are pledging funding to startups. Intel Capital will invest $200 million in U.S. companies, IBM has committed $150 million toward funding U.S. entrepreneurship programs this year and HP will invest more than $4 million this year into its HP Learning Initiative for Entrepreneurs.

"America's story has been forged in large part by entrepreneurs who have against great odds created innovative products and services that have changed the world -- and created millions of jobs," Case said. "Our nation once again looks to these creative risk-takers to unleash the next wave of American innovation, and I am pleased that President Obama has made supporting and celebrating entrepreneurs a major priority of his economic strategy."

While these private-sector details of the alliance have been released, it remains to be seen how the White House and public sector will be involved with implementing the initiative's goals.

For more information on Startup Partnership America, check out Facebook and Twitter.

Tags: AOL, Case Foundation, Facebook, Google, Intel Capital, Kauffman Foundation, News, starting a business, startup, Startup Days, Startup Partnership America, Steve Case AOL, Steve Case White House

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