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Startup companies are the lifeblood of entrepreneurial innovation. While they make up roughly 1 percent of companies, startups create roughly 10 percent of new jobs each year, according to research by the Kauffman Foundation.

Facebook, Google, Netflix and Zynga all got their start in business as scrappy, small, startup companies, and it’s this kind of ingenuity that the recently passed Jumpstart Our Business Startups (JOBS) Act is intended to stimulate.

To read the full, original article click on this link: Why the New JOBS Act Is a Step in the Right Direction for SMBs | Business 2 Community