Rand Paul (Entrepreneurship and Innovation)

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Paul's Entrepreneurship and Innovation (section page)

Rand Paul is a member on the Senate Committee on Small Business and Entrepreneurship

Thinks the Government Should Stay Out of Investment

“Government is inherently bad at picking winners and losers" “In the marketplace, most small businesses fail. If government is to send money to certain people to create businesses, they will more often than not pick the wrong people and no jobs will be created.” (WP)

Paul Opens Up Tech Startups in Austin and San Fransisco

A day after courting young voters at the SXSW festival, the Kentucky senator opened an office at the Capital Factory — an incubator for tech startups in downtown Austin. Paul’s vision is for his Austin office to be a place for digital engagement and product innovation.

“I was glad to be in Austin and open my first tech office today,” Paul said. “Austin is filled with the brightest minds in the tech community and should I decide to run, it will be a very valuable part of any campaign. This past weekend in Austin allowed me to meet some of the top tech entrepreneurs from across the nation, and many seemed very receptive to a liberty minded message. Paul has made no secret of trying to win the hearts — and votes — of millennials, an increasingly sought-after group in politics. He’s been courting tech entrepreneurs such as Peter Thiel of PayPal and Mark Zuckerberg of Facebook, and he plans to open an office in the San Francisco Bay Area." (OP)

Paul Plans to Run Innovate Digital Campaign

"Proud to open our San Francisco work space this afternoon. I plan on running the most innovative digital and tech effort of any candidate in 2016 and welcome any ideas. We need to defend privacy rights and support entrepreneurship." (Written on Paul's Facebook) “Some people might be thinking what the hell is a Republican doing in San Francisco,” Paul told the capacity crowd at the shared incubator workspace StartupHouse at 934 Howard St, where he has opened a “tech hub.” “I think young people are looking for something genuine,” Paul said. “You need to go where young kids are.” The Presidential candidate also facebooked a photo of the event, with the following status: "Wonderful time with entrepreneurs and liberty lovers at the StartupHouse in San Francisco. We are the only campaign on either side of the aisle that has tech space in America’s start up hubs of Silicon Valley and Austin, a Chief Technology Officer, a robust digital team, a tech advisory board, and a strong belief in privacy rights." (GSB)

Small Business & Entrepreneurship Council

(All Info found from Small Business & Entrepreneurship Council)

  • In the 113th Congress, Paul voted for amendments to repeal $1 trillion in Obama tax increases and provide for pro-growth, revenue neutral tax reform; and permanently repeal the death tax. He also voted against an amendment to impose a surtax on successful entrepreneurs that would pay for student loan refinancing. Paul voted with SBE Council and small business on these key issues
  • Paul introduced the Regulations from the Executive in Need of Scrutiny Act, S.226 (see SBE Council’s support letter here) and the National Right-to-Work Act, S.391. He also cosponsored the Sunshine for Regulatory Decrees and Settlements Act of 2015, S.378 (to end “sue-and-settle” abuse). Paul also sponsored a resolution this year disapproving of the FCC’s rule to regulate the broadband Internet as a public utility. He is a leading voice for auditing the Federal Reserve. SBE Council has endorsed each of these legislative measures.
  • Access to capital: Paul voted in favor of the Jumpstart Our Businesses Startup Act (JOBS Act) in the 112th Congress, a bill that fixed outdated regulatory barriers to capital access, including a provision that made equity and debt-based crowdfunding legal.
  • SBE Council KEY VOTES: In the 113th Congress, Paul voted in favor of an amendment requiring financial regulators to conduct rigorous cost-benefit analyses on all proposed rules.