III 

113TH CONGRESS 

2D SESSION S. RES. 582 

Expressing support for designation of the third Tuesday of November as 

‘‘National Entrepreneurs Day’’. 

IN THE SENATE OF THE UNITED STATES 

NOVEMBER 18, 2014 

Mr. MORAN (for himself and Mr. BOOKER) submitted the following resolution; 

which was referred to the Committee on Commerce, Science, and Transportation 

RESOLUTION 

Expressing support for designation of the third Tuesday 

of November as ‘‘National Entrepreneurs Day’’. 

Whereas since the founding of the United States, innovation, 

creativity, industriousness, and entrepreneurship have 

formed the economic fiber of the United States; 

Whereas entrepreneurs have long been vital to the economic 

health and growth of the United States; 

Whereas the willingness of entrepreneurs to assume risk has 

resulted in unparalleled contributions to the growth and 

development of the United States; 

Whereas entrepreneurship is the stimulus for strengthening 

the economy, advancing innovation, improving productivity, and creating new jobs; 


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Whereas research shows that innovation has been responsible 

for approximately 2⁄3 of the economic growth of the 

United States since World War II; 

Whereas more than 500,000 new businesses are created in 

the United States every month and small business openings have accounted for 40 percent of new jobs in the last 

20 years; 

Whereas research shows that businesses 5 years or younger 

were responsible for nearly every net new job in the economy of the United States between 1980 and 2005; 

Whereas entrepreneurs and the businesses created by entrepreneurs are responsible for roughly 3,000,000 jobs every 

year; 

Whereas despite economic instability, 56 percent of adults 

were confident that they could start a business and 82 

percent of entrepreneurs in 2012 used their own savings 

for startup cash, indicating that entrepreneurial spirit remains strong in the United States; 

Whereas collaboration and cooperation amidst a broad coalition of organizations, including nonprofit entrepreneurial 

incubators, angel investors, venture capitalists, crowdfunding initiatives, and other early-stage investors, catalyze entrepreneurial ventures; 

Whereas the Federal Government must continue to promote 

entrepreneurship in all communities by ensuring that entrepreneurs find the necessary resources to pursue their 

ideas; 

Whereas support for entrepreneurs, including firms managed 

and owned by women and other minorities, strengthens 

the overall economy of the United States; 


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Whereas entrepreneurial literacy skills serve as one of the 

21st-century content areas critical to success in communities and workplaces; 

Whereas more than 70 percent of young people in the United 

States envision starting a business or pursuing an entrepreneurial endeavor as adults; 

Whereas positive outcomes for youth who participate in entrepreneurship education programs include improved academic performance, increased critical thinking skills, and 

heightened occupational aspirations; 

Whereas to maintain the position of the United States as a 

world economic leader, government, entrepreneurs, institutions of higher education, and businesses of all sizes 

must be united in a comprehensive effort to welcome and 

cultivate entrepreneurial activities in the United States; 

Whereas entrepreneurs face significant barriers that the Federal Government must work to reduce so that all entrepreneurs in the United States have a chance at success; 

Whereas entrepreneurship is the best offense for economic 

progress and the finest defense against the status quo for 

the United States; and 

Whereas the third Tuesday of November would be an appropriate date to designate as ‘‘National Entrepreneurs 

Day’’: Now, therefore, be it 

1 Resolved, That the Senate— 

2 (1) supports the designation of ‘‘National En3 trepreneurs Day’’; 

4 (2) recognizes the considerable contributions of 

5 entrepreneurs to the United States; and 


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1 (3) honors those entrepreneurs who ignite inno2 vation and inspire the next generation. 

Æ 


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