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How Universities Can Help in the Battle Against Patent Trolls

How Universities Can Help in the Battle Against Patent Trolls

The patent system was enshrined in the American Constitution as a tool to promote innovation and invention. But as we have lamented again, and again, and again, the current system often has the opposite effect. In recent years, patent trolls—more politely known as non-practicing entities or NPEs—have hijacked the patent system, amassing hundreds and thousands of overbroad, low-quality patents with the sole purpose of suing and forcing companies into costly settlements. Unfortunately, this abusive patent litigation disproportionately impacts startups, entrepreneurs, and innovators (more than 80 percent of patent troll victims are small- and medium-sized businesses, and 55 percent of troll suits are filed against companies with revenues of less than $10 million).

How Startups Can Use Their Voice To Influence Policymakers

How Startups Can Use Their Voice To Influence Policymakers

For decades, the tech and startup community paid little attention to Washington, D.C. Entrepreneurs chose to focus their energies on building their companies, without much regard for the happenings of Congress or state legislatures. But in recent years, startups have begun to recognize that the decisions made by policymakers in a distant city can have a huge impact on their day-to-day operations and bottom lines. While the lawmaking process might seem long, laborious, and, at times, incomprehensible, it is more important than ever for the entire startup ecosystem to proactively engage policymakers at all levels of government—not only to foster a startup-friendly environment but also to anticipate and shape important policy debates that will affect America and the tech and startup communities for years to come.

Heading West with Rise of the Rest

Heading West with Rise of the Rest

Engine is excited to announce that we will be hitting the road again this October for Revolution’s fifth Rise of the Rest tour. Rise of the Rest is a road show to highlight and support entrepreneurship across America. Over the past four tours, we’ve had the chance to see thriving startup ecosystems in places like Baltimore, Nashville, and Detroit.

Republicans Release Their Party Platform

Republicans Release Their Party Platform

As the Republican National Convention kicked off this Monday, the GOP also released the final draft of their party’s platform. The platform, which was written with input from the party’s base sourced via www.platform.gop, included generous mentions of issues important to the startup community.

Investing in the Internet economy of tomorrow

Investing in the Internet economy of tomorrow

The incredible growth in mobile internet use over the past few years is nothing short of staggering. There are now around 6.4 billion internet connected devices worldwide, and that number is increasing by 5.5 million every single day. Some predictions suggest that we could reach over 20 billion connected devices by 2020, prompting a boom in the startups that will build the gadgets and services powering the coming Internet of Things (IoT). But such optimistic estimates assume that we’ll have the infrastructure to support billions of these connected devices.

Startups should be watching as the Supreme Court decides Samsung v. Apple

Startups should be watching as the Supreme Court decides Samsung v. Apple

Historically, startups have had little occasion to pay attention to the proceedings of our nation’s highest court. While arcane questions of constitutional law have an enormous impact on broader society, the Supreme Court’s activities are often too far removed from the challenges entrepreneurs must handle every day to simply keep their businesses afloat. But, an upcoming case on the Supreme Court’s docket may warrant a shift from this traditional mindset, as the outcome of the dispute could have a resounding impact on startups and small businesses in all industries.

Tech Companies Take Stock of the Brexit

Tech Companies Take Stock of the Brexit

As the dust settles from last week’s stunning Brexit vote, the broader tech community, which staunchly supported remaining a part of the European Union (EU), is taking stock of the potential repercussions of the decision. While the United Kingdom (UK) and the EU still have to negotiate the exact terms of the deal (assuming the British can cobble together a new government committed to the Brexit), uncertainty surrounds several key issues important to the tech community. 

FAA Makes It Easier for Commercial Drones to Fly

FAA Makes It Easier for Commercial Drones to Fly

The Federal Aviation Administration (FAA) finalized its long-awaited small unmanned aircraft systems (UAS) rules on Tuesday, making it much easier for businesses to use drones for new and innovative commercial purposes. These rules provide much-needed clarity for the emerging drone industry and put the U.S. ahead of most countries, though significant gaps in the regulatory framework remain.

Who’s the Candidate for Tech? Let’s Look at the Issues.

Who’s the Candidate for Tech? Let’s Look at the Issues.

Recent headlines from around the country suggest that Silicon Valley has united against Trump...In addition to analyzing what influential venture capitalists and executives have to say about Trump, it’s just as important we take a close look at the issues and positions that impact the industry at large, from the major tech firms headquartered in the Valley to the single-person startups building new technologies and services in cities around the country.

An Opportunity to Fix Crowdfunding Before It Falters

An Opportunity to Fix Crowdfunding Before It Falters

On May 16, 2016, regulation crowdfunding will go into effect, meaning for the first time ever,anyone can invest in a startup through an online platform. This is big. Until Congress passed the JOBS Act  in 2012, buying an equity stake in a company required being fairly wealthy or having a pre-existing relationship with the entrepreneurs raising capital. But the Internet has dramatically changed the way entrepreneurs share their ideas and connect with potential investors. With the JOBS Act, the law finally caught up as well – or it almost did.

Calling All Accelerators: SBA Launches Growth Accelerator Fund Competition

Calling All Accelerators: SBA Launches Growth Accelerator Fund Competition

Do you run a growth accelerator, incubator, co-working space, shared maker-space, or other entrepreneurial ecosystem organization? If so, you might be eligible to compete for a $50,000 prize from the government. Last week, the Small Business Administration (SBA) launched its Growth Accelerator Fund Competition for the third year in a row. Each year, the agency awards $50,000 prizes to selected organizations to help cover part of their operating budgets.

Why Startups Need More Unlicensed Spectrum, and How They Can Get It

Why Startups Need More Unlicensed Spectrum, and How They Can Get It

Startups across the country are building the next generation of Internet applications, connected devices, and innovative services—all of which rely on access to unlicensed spectrum. This week, Engine joined a diverse coalition of 23 organizations and companies in urging President Barack Obama to ensure that enough unlicensed spectrum is made available to meet growing demand.

An Outdated Law Shouldn't Limit Demo Days

An Outdated Law Shouldn't Limit Demo Days

The pitch competition has practically become a standard rite of passage for startups, especially early-stage firms seeking investment. Yet, many pitch events may violate decades-old securities law. Congress is now considering legislation to fix this: The HALOS Act. Sponsored by Rep. Steve Chabot (R-OH), this legislation clarifies the rules around pitch competitions, making it easier for startups to pitch their business plans and find potential investors. 

One Way Stock Options Are Hurting Businesses – And How to Fix It

One Way Stock Options Are Hurting Businesses – And How to Fix It

Among the many challenges entrepreneurs face in launching and scaling a startup, recruiting talented employees is one of the most difficult. There’s already a shortage of tech workers in this country (there are currently more than 600,000 open computing jobs nationwide, and last year, only 43,000 students graduated with computer science degrees), and it’s even more dire for startups that must compete with some of the most successful companies in the world to recruit these employees.

Four Years of the JOBS Act: Examining Its Impact and Looking Forward

Four Years of the JOBS Act: Examining Its Impact and Looking Forward

April 5, 2016 marked the four year anniversary of the enactment of the Jumpstart Our Business Startups (JOBS) Act. While the statute is still relatively young, we have already begun to see the positive impacts that its provisions have had on startups’ ability to raise capital. It has made going public easier and created new pathways for startups to raise money through Regulation A+ and general solicitation under Regulation D. And with regulation crowdfunding set to finally go live in May, we are hopeful that a vibrant non-accredited investor crowdfunding market will emerge in the near future.

The Tech Community Is Mobilizing Against the Burr-Feinstein Encryption Bill

The Tech Community Is Mobilizing Against the Burr-Feinstein Encryption Bill

It is hard to overstate how incredibly dangerous and foolish the Burr-Feinstein “Compliance with Court Orders Act of 2016” draft legislation is and even harder to believe it was coauthored by California’s senior senator, Dianne Feinstein, D-Calif., and Sen. Richard Burr, R-N.C.

Engine Joins Letter Opposing House Rate Regulation Bill

Engine Joins Letter Opposing House Rate Regulation Bill

In the year since the Federal Communications Commission (FCC) approved its historic Open Internet Order, net neutrality has faced countless attacks in both the courts and Congress. Once again, the Order and the FCC’s broader authority have come under fire. H.R. 2666, the “No Rate Regulation of Broadband Internet Access Act,” threatens the FCC’s ability to fulfill its congressionally-mandated responsibilities and represents yet another attempt by anti-net neutrality lawmakers to undermine an open Internet.