America must do more to encourage the entrepreneurs who will create the next high-growth companies that will hire more workers, Steve Case told CNBC Wednesday.
The co-founder of AOL and current head of the Startup America Partnership said he is working with President Barak Obama's administration through the President's Council on Jobs and Competitiveness to do just that.
"What we really have to do as a nation is celebrate these entrepreneurs, give them resources that will enable them to take their companies to the next step, and make sure the public policy framework is in place that will enable them to have the best shot at success," said Case, founder of Revolution LLC, an investment firm.
High-growth doesn't necessarily mean high-tech, and an entrepreneurial "all-star" board announced by the partnership includes representatives of different industries, such as former basketball star Magic Johnson, FedEx Chairman Fred Smith and Under Armour CEO Kevin Plank. Smith and Plank, Case said, each started what are now iconic brands in their fields with Small Business Administration loans.
Case called high-growth companies "the main event" in terms of job creation.Page 1 of 2 | Next Page