America doesn't just have a spending problem — it has an economic growth problem. Accelerating growth to the post-war average of 3.5 percent would generate $32 trillion in additional federal revenue over 25 years — enough to cover 82 percent of the current national debt.
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The Center for American Entrepreneurship is a nonpartisan 501(c)(3) research, policy and advocacy organization based in Washington, D.C.
Our mission is to engage policymakers in Washington and across the nation regarding the critical importance of entrepreneurs and startups to innovation, economic growth, job creation, and expanding opportunity — and to pursue a comprehensive policy agenda intended to achieve a stronger, more resilient, and inclusive U.S. economy through thriving entrepreneurship.
Business applications have run above 400,000 a month since the 2020 surge, nearly double the pre-pandemic norm.
| Month | All business applications | High-propensity applications |
|---|---|---|
| August 2025 | 472,100 | 142,400 |
| September 2025 | 503,700 | 142,400 |
| October 2025 | 498,500 | 139,800 |
| November 2025 | 527,500 | 142,400 |
| December 2025 | 501,100 | 137,100 |
| January 2026 | 519,600 | 147,700 |
| February 2026 | 501,100 | 145,100 |
| March 2026 | 485,300 | 145,100 |
| April 2026 | 501,100 | 145,100 |
| May 2026 | 519,600 | 145,100 |
| June 2026 | 531,400 | 149,700 |
| July 2026 | 578,900 | 151,900 |
What has always distinguished CAE as an organization is the extraordinary caliber of its people.
John Dearie
New ideas are the basic craft and contribution of entrepreneurs. Innovation can come from entrepreneurs' imagination, through experimentation, or as the result of scientific inquiry and discovery.
Explore New IdeasWorld-class talent is essential to turn great new ideas into viable products and services, identify and cultivate new markets, and build great businesses. Entrepreneurs create new jobs but are often unable to find candidates with the required skills.
Explore TalentCapital is the lifeblood of any new business. Entrepreneurs need capital to further develop their product or service idea, research the marketplace, hire employees, and develop and implement a strategy for identifying and targeting customers.
Explore CapitalRegulation is essential to healthy market economies, but it isn't free or without consequence. The stifling effect of regulatory burden, complexity, and uncertainty is particularly challenging for fragile startups, which lack the resources and scale of larger firms over which to absorb and amortize the costs of compliance.
Explore Regulatory Reform
