Media Contact: Kristy Schantz, 202-744-1109 Milstein Symposium Ideas for a New American Century The Milstein Symposium is a five-year initiative that will convene distinguished stakeholders and eminent scholars to advance innovative, non-partisan, action-oriented ideas, grounded in history, to help rebuild the American Dream. The Miller Center will organize three Milstein commissions each year. More → Click here to read the latest report, "Can Startups Save the American Dream?" News ARTICLE: Teaching Tomorrow’s Founders: Ideas for K-12 Education In an April 23rd Forbes piece, the Batten Institute's Gosia Glinska discussed the need for programs that increase the number of women working in technology -- focusing on one UVa grad who is working to make it happen. Glinska went on to pitch the merits of changing our national education system to be lest test-driven and more focused on creativity. The work partnered nicely with a similar message expoused in a previously referenced editorial by Darden's Raul Chao and the Miller Center's Cristina Lopez-Gattardi Chao. A similar topic was also discussed in the Milstein Commission's most recent report, Can Startups Save the American Dream?. Glinska's full article is available here. ARTICLE: How America’s Education Model Kills Creativity and Entrepreneurship The Miller Center's Cristina Lopez-Gattardi Chao and the Darden School of Business' Raul Chao discussed the impact our current K-12 system is having on creativity and entrepreneurship levels in a recent Forbes piece. They argue that in today's job market, creativity is a critical skill, one which we are not doing enough to foster. And much of this boils down to curricula that stigmatizes risk taking and failure. In the piece, they cite the Miller Center's recent Milstein Symposium report: Can Startups Save the American Dream? and lauds some of the ideas advanced as a step in the right direction on this important matter. ARTICLE: Impact Investing: Time to Unleash PRIs Impact investing has been a hot topic in the news lately. On January 21, the White House hosted its third Pay for Success summit in Salt Lake City, Utah. Days later, New York Times columnist David Brooks lauded impact investing as the "most promising form" of social capitalism there is today. Jeff Chidester, the Miller Center's Director of Policy Programs, weighs in on the topic in his most recent article. He notes that philanthropic foundations are missing a massive opportunity in this space. They possess an overlooked capacity to tap into hundred of billions of dollars in unused capital. The chief vehicle would be program-related investments (PRIs), a tool that allows foundations to give working capital to organizations in the form of loans, loan guarantees, or equity investments. Unfortunately, burdensome regulation and costs are constraining that ability. The most recent Milstein report addresses this point and how to fix it. Read the full editorial, as published in the Stanford Social Innovation Review here. ARTICLE: Can Startups Save the American Dream In a recent article, AOL co-founder Steve Case posed the question: To what extent can startups increase jobs for the middle class? He details the role that the Miller Center -- and his work with the Milstein Commission in particular -- helped him in his search for answers. Case goes on outline the report's conclusions and laud their merits. In his words, "entrepreneurs must again be at the heart of rebuilding the American economy." ARTICLE: How Foundations Can Help Entrepreneurs Save the American Dream Milstein commissioner and Village Capital Executive Director Ross Baird penned an editorial recently covering the latest report, "Can Startups Save the American Dream?" His first area of focus was on bottlenecks in risk capital. 50% of venture capital funds invested globally in 2013 went to just three states -- California, New York, and Massachusetts. And of all firms that received such funding, only 5% were co-founded by women, 1% by latinos or african-americans. Baird also examined the impact that Program Related Investments (PRIs) and more broadly, social entrepreneurship, can have on businesses across the country. VIDEO: Case, Fiorina Headline Entrepreneurship Panel Watch a panel featuring AOL founder Steve Case and former Hewlett-Packard CEO Carly Fiorina. The Milstein Symposium's latest report entitled, "Can Startups Save the American Dream?" is discussed at length. More broadly, the conversation focuses on the link between entrepreneurship and middle class jobs. Case and Fiorina served as co-chairs of the nonpartisan commission behind the work. They are joined on stage by three fellow commissioners, Ross Baird, Executive Director of Village Capital, Lenny Mendonca, retired Senior Partner at McKinsey & Co., and Brian Meece, CEO of RocketHub. Steve Clemons of the Atlantic serves as moderator. REPORT RELEASE: “Can Startups Save the American Dream?” The Miller Center’s Milstein Symposium on the Middle Class released its second report on January 13th. The release, entitled “Can Startups Save the American Dream?” proposes a series of actionable, impactful and non-partisan ideas. The goal is to improve the middle class via targeted reforms impacting the entrepreneurial community. The panel was held in Washington D.C. and was moderated by Steve Clemons of The Atlantic. The Commission’s Co-Chairs, former Hewlett-Packard CEO Carly Fiorina and AOL founder Steve Case were in attendance. McKinsey’s Lenny Mendonca, Rockethub’s Brian Meece, and Ross Baird of Village Capital rounded out the discussion. Miller Center CEO Bill Antholis made opening remarks, as did philanthropist and project funder Howard P. Milstein. The report is the result of the second Commission in the ongoing Milstein Symposium on the Middle Class. The Miller Center partnered with U.Va.'s Batten Institute at the Darden School of Business. Read the two- and five-page executive summaries, or the full report. For media coverage, click here. ARTICLE: Businesspeople, Educators Seek Ways to Teach Entrepreneurship A recent Wall Street Journal article references the current Milstein report with a focus on one proposal in particular: the idea of a K-12 entrepreneurship competition. The author looks on the notion favorably within the context of a piece focusing on alternative entrepreneurship education. Commission member and RocketHub CEO Brian Meece is quoted in the article. He notes that our education system currently focuses too much on preparing students to become employees at the cost of potentially becoming employers. In his words, students should have the opportunity to "tinker, and compete in a fun, competitive landscape" as a way of jarring that mindset free. ARTICLE: “Fiorina Says ‘There’ll be Time’ to Scrutinize ‘Other Presidential Candidates’” Bloomberg News attended the most recent report release to cover Fiorina's remarks made on the panel. The author heavily emphasized the possiblity of Fiorina running for president in 2016. He noted the Commission Co-Chairs remark that Washington is all about "big business, big labor" when it should be keeping its eyes on smaller entrepreneurs like the "corner tacqueria and nail salon." ARTICLE: “Carly Fiorina Takes a Swipe at ‘Big Government’ in D.C. Visit Time Magazine covered the release event for the latest report in Washington, D.C. The article focuses mostly on Commission Co-Chair and former Hewlett-Packard CEO Carly Fiorina's remarks. At one point, the conversation shifted to heavily emphasis elements of the release focusing on start-ups more easily navigating federal regulation. Fiorina stated, “It’s like geologic sediment. We have eons, millennia of rules and regulations at the federal level, at the state level and at the local level, and it has become a primordial soup. And if you’re a big company you can handle it, but if you’re a startup or small company you really can’t. The point is, we have to start undoing some of this stuff.” ARTICLE: “The American Dream is Dying: How Small Businesses Can Change That.” Inc. Magazine's Jeremy Quittner released an op-ed providing his comprehensive assessment of the latest Milstein report. The article pulls quotes from multiple Commissioners. Co-Chair and former Hewlett-Packard CEO Carly Fiorina states that, "we all believe in a shared hypothesis, that you want to encourage entrepreneurship as a pathway to the middle class." The Commission's other Co-Chair, AOL founder Steve Case adds that, "entrepreneurs must again be at the heart of rebuilding the American economy." EVENT: Commission on Entrepreneurship to Release Final Report on Jan. 14th in D.C. AOL co-founder and CEO of Revolution Steve Case and former Hewlett-Packard CEO Carly Fiorina will be headlining a Jan. 14th release event at the Halcyon House in Washington, D.C. They will discuss the final report of the Miller Center’s Howard P. Milstein Symposium: Commission on Entrepreneurship and Middle-Class Jobs, along with other members of the Commission. To watch this event live, click here. To attend the event, please RSVP here. VIDEO + PHOTOS: Milstein Infrastructure and Middle-Class Jobs Commission Meeting Listen to Milstein Commission on Infrastructure and Middle-Class Jobs members -- who represent some of the top thinkers on the critical needs of the nation's infrastructure -- discuss the issues at hand, as well as proposed solutions. Short interview clips can be found here. Photos from the meeting are available here. Read more → Ray LaHood, Antonio Villaraigosa to Co-Chair Commission on Infrastructure and Middle-Class Jobs Former Transportation Secretary Ray LaHood and former Los Angeles Mayor Antonio Villaraigosa will co-chair a new University of Virginia Miller Center commission charged with developing innovative, bipartisan ideas on how to create and sustain middle-class jobs through infrastructure policy. Read the media advisory here. Read more → ARTICLE: ‘Made in America, Again” Misltein Commission on New Manufacturing member James Fallows references the commission report in The Atlantic, stating that "The Miller Center report, 'Building a Nation of Makers,' is mainly about practical steps that might let start-ups and small companies take advantage of global trends. For instance, mapping now-opaque manufacturing supply chains could help connect smaller companies with potential customers. Because they are so practical, ideas like these don’t figure into normal political debate. But their very practicality increases their chances of paying off." ARTICLE: “Making the SF Case for a Second Stimulus” Milstein Commission on New Manufacturing member Kate Sofis and Miller Center lead policy analyst Tony Lucadamo recommend the return of programs that offer low-interest, fixed-rate loans that manufacturing SMEs can use for hiring new workers in a San Francisco Business Times opinion piece. Third Milstein Symposium to Focus on Infrastructure and the Middle Class This symposium, the third in a series focusing on creating the jobs of the future, will convene experts to identify a sufficient and sustainable infrastructure funding model to keep goods and people moving safely and efficiently and to support the projects required to keep the system functioning optimally. Read more → ARTICLE: Commissioner on Entrepreneurship and Middle-Class Jobs Ross Baird in Forbes Ross Baird during Commission meeting Ross Baird, executive director of Village Capital and a Milstein Commission member, co-wrote a recent article in Forbes titled "Why Creating The Next Silicon Valley ... Is The Wrong Goal". Read it here. Read more → VIDEO: Interviews with Milstein Entrepreneurship Commission members Commission Co-Chairs Carly Fiorina and Steve Case Listen to Milstein Commission on Entrepreneurship and Middle-Class Jobs members -- who represent some of the top thinkers on small business and innovation -- discuss entrepreneurial trends and ideas for strengthening the nation's entrepreneurial activity in short interview clips found here. Milstein Commission Report on New Manufacturing Released Today! Today, the Miller Center releases Building a Nation of Makers: Six Ideas to Accelerate the Innovative Capacity of America's Manufacturing SMEs, the report containing the unanimous recommendations of the Milstein Commission on New Manufacturing. This report offers six innovative, yet practical, ideas to facilitate the growth of America’s manufacturing SMEs. Read the executive summary, the one-page synopsis, or the full report. Read more → Washington Post and Miller Center Partner on Poll The Miller Center and The Washington Post partnered on a poll exploring Americans’ changing definition of success and their confidence in the country’s future as a starting point for the Milstein Symposium. Read more → Milstein Commission on New Manufacturing to Release Report on June 13 in D.C. The Miller Center will hold a news conference Friday, June 13 at the National Press Club to release the Milstein Commission on New Manufacturing's report, offering innovative, non-partisan, actionable ideas on how to create middle-class manufacturing jobs. Read more → Commission on Entrepreneurship and Middle-Class Jobs Meets in DC Commission members As the number of American small businesses and entrepreneurial ventures dwindle, so do the middle-class jobs that they provide. The Milstein Commission on Entrepreneurship and Middle-Class Jobs members convened earlier this week in Washington, DC, to identify innovative yet practical ideas on how to create and sustain middle-class jobs through entrepreneurship. Read more → Milstein Commission on Entrepreneurship and Middle Class Jobs Commission Co-Chairs Steve Case and Carly Fiorina Steve Case, founder of AOL and chairman and CEO of Revolution, and Carly Fiorina, former chairman and CEO of Hewlett-Packard, co-chaired the Milstein Commission on Entrepreneurship and Middle-Class Jobs. The closed-door meeting took place in May of 2014 with the full report released in January of 2015. The work marked the Miller Center's first collaboration with the Batten Institute at U.Va.’s Darden School of Business. Read more → ‘Happy Days’ no more: Middle-class families squeezed as expenses soar, wages stall Washington Post/Miller Center poll results Fewer Americans find themselves in the heart of the middle class with every passing year, according to results of a recent Washington Post/Miller Center poll. This article, the most recent in a series stemming from poll results, details the financial struggles of a Virginia family, despite a combined income that places them squarely in today's "middle class."