On the day before we celebrate America’s independence, President Obama had a chance to stop by 1776, a tech startup incubator in D.C. that supports entrepreneurs tackling major challenges in education, energy, health care, and other critical industries. The President’s visit coincided with the June jobs report, which shows the supporting role that startups and new businesses are playing in the American economy.
1776 was an outgrowth of the President’s Startup America Initiative to encourage and promote entrepreneurship. During the visit, the President had the chance to meet some amazing entrepreneurs.
As he said, places like 1776 are helping Americans “coming from a wide range of backgrounds — we had former Army Rangers; we had lawyers; we had former HR folks, transportation experts, engineers — all of them had the kind of energy and drive and creativity and innovation that has been the hallmark of the American economy.”