Summary:
North Dakota House approves a bill to establish an Office of Entrepreneurship.
Sponsored by Rep. Jonathan Warrey, the office aims to support and grow the entrepreneurial ecosystem.
The office will provide technical support and enhance access to resources for entrepreneurs.
With new business creation at a 40-year low, this initiative is timely and crucial.
Overview of the Bill
A newly approved bill by the North Dakota House of Representatives aims to create an Office of Entrepreneurship if it receives final approval from the Legislature. Sponsored by Rep. Jonathan Warrey, this initiative seeks to strengthen policies and programs that support entrepreneurial growth in the state.
Key Points of the Bill
The bill now moves to the state Senate for further consideration. If passed, it will establish the office within the Department of Commerce, and its primary responsibilities will include:
- Collaborating with stakeholders to enhance entrepreneurial skills.
- Offering technical support to entrepreneurs.
- Expanding access to resources for new businesses.
A Supportive Community for Entrepreneurs
Warrey, who is also involved with Emerging Prairie, emphasizes the need for a supportive community for new businesses in central and western North Dakota. He believes that business ownership can be isolating, and this office will help foster connections among entrepreneurs.
The Importance of Entrepreneurial Growth
With new business creation at a 40-year low nationwide, the establishment of this office is crucial. Warrey highlights that small business owners are essential for job creation, and this initiative aims to assist more individuals in starting their ventures. If approved, the Office of Entrepreneurship could be operational by summer.
Rep. Jonathan Warrey, the bill's sponsor.
For more information, check the full text of House Bill 1191.
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