IV 113th CONGRESS 1st Session H. RES. 401 IN THE HOUSE OF REPRESENTATIVES October 30, 2013 Mr. Peters of California (for himself, Mr. Grimm , Mr. Murphy of Florida , Mr. Cárdenas , Ms. Bordallo , Mr. Cicilline , Mr. Vargas , Ms. Kuster , Mr. Rice of South Carolina , Mrs. Davis of California , Ms. DelBene , Ms. Esty , Mr. Loebsack , Mr. Peters of Michigan , Mr. Payne , Mr. Lowenthal , Mrs. Negrete McLeod , Ms. Chu , Mr. Polis , Ms. Eshoo , Mr. Honda , Mr. Kilmer , Mr. Larsen of Washington , Mr. Kind , Mr. Heck of Washington , Mr. Foster , and Mr. Bentivolio ) submitted the following resolution; which was referred to the Committee on Energy and Commerce RESOLUTION Expressing support for designation of the third Tuesday of November as National Entrepreneurs Day .

Whereas since our Nation’s beginning, innovation, creativity, industriousness, and entrepreneurship have formed the economic fiber of the United States; Whereas entrepreneurs’ willingness to evaluate risk has resulted in unparalleled contributions to this country’s growth and development; Whereas entrepreneurship is the stimulus for strengthening the economy, advancing innovation, improving productivity, and creating new jobs; Whereas research conveys that innovation has been responsible for approximately two-thirds of our country’s economic growth since World War II; Whereas more than half-a-million 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 two decades; 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 the American entrepreneurial spirit remains strong; Whereas collaboration and cooperation amidst a broad coalition of organizations, including nonprofit entrepreneurial incubators, angel investors, venture capitalists, crowd-funding initiatives, and other early-stage investors, catalyze entrepreneurial ventures; 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 Americans envision starting a business or doing something entrepreneurial 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 our position as a world economic leader, the government, entrepreneurs, universities, and small and large businesses of this country must be united in a comprehensive effort to welcome and cultivate entrepreneurial savvy; Whereas entrepreneurship is America’s best offense for economic progress and its finest defense against the status quo; and Whereas the third Tuesday of November would be an appropriate date to designate as National Entrepreneurs Day : Now, therefore, be it

That the House of Representatives— (1) supports the designation of National Entrepreneurs Day ; (2) recognizes the considerable contributions of entrepreneurs to the United States of America; and (3) honors those entrepreneurs who ignite innovation and inspire the next generation.