Here are six things to know about Ms. Clinton’s five-point Tech & Innovation Agenda.
1. Ms. Clinton’s plan consists of five key parts. She seeks to “create good-paying jobs on Main Street” by bolstering the technology economy in communities nationwide, deliver high-speed broadband to all citizens, promote high-tech exports and ensure the free flow of data, support innovation and foster competition, and create a smarter and more innovative government.
2. To bring technology to all communities, Ms. Clinton’s plan emphasizes investing in computer science and science, technology, engineering and math education. That includes producing up to 50,000 computer science teachers in the next 10 years to revitalize STEM education.
3. Ms. Clinton seeks to increase access to capital for small business and startups, especially for minorities, women and young entrepreneurs. Currently, 70 percent of venture capital funding goes to three states. Only 7 percent goes to firms with women founders, and just 1 percent to firms with African-American women founders, according to her position paper. What’s more, Ms. Clinton introduced an initiative for young entrepreneurs who launch startups to defer payments for up to three years, and offered up to $17,500 in loan forgiveness for entrepreneurs starting businesses in distressed communities.
4. Ms. Clinton pledges to connect every American household to the internet, with a goal of giving 100 percent of households the option of affordable broadband by 2020. “High-speed internet connectivity is not a luxury; it is a necessity for economic success and social mobility in a 21st century economy,” according to her position paper.
5. Cybersecurity is a key element of Ms. Clinton’s platform, and she plans to invest in cybersecurity as well as continue upon the Obama administration’s work with the Cybersecurity National Act Plan, hiring a federal CISO and modernizing federal IT.
6. Ms. Clinton plans to appoint a chief innovation advisor in the Office of Management and Budget’s Office of Information and Regulatory Affairs. This person would reduce federal regulatory barriers to quicken the timeline to bring medical device innovations to market.
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