Small Business Policy and Innovation Initiative
Our Mission
Small businesses, employing half of all private-sector workers and contributing nearly half of the US economic output, face challenges in formation and sustainability, posing risks to economic growth, job creation, and innovation over the past 25 years.
The Milken Institute Small Business Policy and Innovation Initiative conducts research and analysis on macroeconomic trends and policies impacting small businesses and start-ups. Our aim is to offer policy recommendations and program solutions for fostering an entrepreneurial environment that promotes inclusive prosperity across regions and demographics.
Our research and programming focus on understanding the factors and trends influencing the launch, competition, and success of small businesses and start-ups in the modern economy. We focus on the following key areas:
-
Innovative Finance & Equitable Access to Capital
-
Technology & the Internet
-
Workforce Development
By the Numbers
99%
of all businesses in the US are small businesses.
63%
of all new jobs were created by small businesses.
4x
Our innovation rate could quadruple given more equitable access to capital.
How We Implement Our Mission
-
Conducting research and analysis to identify the key challenges small businesses face with a focus on driving change to benefit both traditional small businesses and start-ups
-
Connecting programs, publications, and convenings to policy, regulatory changes, and economic trends that impact the entrepreneurial community
-
Convening founders, investors, business leaders, academic experts, policymakers, government officials, and other key stakeholders to contribute ideas that drive action and benefit the entire entrepreneurial ecosystem
Policy Priorities and Solutions 2024
The Milken Institute is a nonprofit, nonpartisan think tank focused on accelerating measurable progress on the path to a meaningful life. With a focus on financial, physical, mental, and environmental health, we bring together the best ideas and innovative resourcing to develop blueprints for tackling some of our most critical global issues through the lens of what’s pressing now and what’s coming next.
We advance our policy priorities through government engagement, independent research, and convening global leaders in finance, health, government, and philanthropy to discuss challenges and opportunities facing the world. The Milken Institute leverages the expertise and insight gained through our convenings to inform our research and programmatic initiatives.
Learn more about the 2024 policy priorities and solutions below.
Livestream | 2023 Future of Health Summit
Looking for a session? Scroll down this page to find it. Looking for Program details? Find them here.
Secure your front-row seat to the 2023 Milken Institute Future of Health Summit right here on our website. Immerse yourself in the world of healthcare innovation and solutions, while you witness renowned medical experts, visionary scientists, and influential political leaders, including Angela Williams, President and CEO, United Way Worldwide; Xavier Becerra, Secretary, US Department of Health and Human Services; Chiquita Brooks-LaSure, Administrator, Centers for Medicare and Medicaid Services; Judy Faulkner, CEO and Founder, Epic Systems; Robert Califf, Commissioner, US Food and Drug Administration; Atul Gawande, Assistant Administrator for Global Health, United States Agency for International Development; Vin Gupta, Chief Medical Officer, Amazon Pharmacy; and more tackle the most critical issues affecting medical research, preventive care, and public health today.
Recently Featured Panels
All Panels
Geo-Economics Initiative
Overview
The Milken Institute’s Geo-Economics Initiative helps policy, business, and civil society leaders navigate the rapidly evolving global economic landscape. NGI focuses on three priority areas: harnessing innovation, catalyzing climate finance, and rewiring globalization. The Initiative leverages the Milken Institute’s expertise, global reach and networks of private investors and community partners to create pro-active strategies for the new era of disruptions and advance sustainable and equitable market-based solutions to pressing US and global challenges.
Priority Areas
The Geo-Economics Initiative is uniquely positioned to help business, government, philanthropy, and community leaders navigate global transformations. The Initiative works with resilience-minded leaders to develop the insights, tools, and mechanisms required to make sound investment and policy decisions. It helps governments unlock private sector capital, investors navigate the emerging landscape, and communities attract investment to advance sustainable solutions.
Geo-Economics Initiative focus areas include:
Innovating the Future
Global prosperity is increasing through technology and globalization, but many communities have been left behind while some civic institutions have weakened. Emerging technologies like AI could either accelerate inequality and polarization or they could be a key tool to unlock societal advancement and individual opportunity. The Initiative is focused on necessary innovation for future growth and competitiveness that will help usher in a new era of human development that leads to breakthroughs in tailored education, gov-tech, and civic engagement.
Bolstering Climate Resilience
The race to decarbonize the global economy depends on the success of efforts to unlock and mobilize trillions of dollars to finance climate mitigation and adaptation, especially for the countries and populations most vulnerable to the effects of climate change. The Initiative is partnering with stakeholders at the local, national, and global levels to build innovative mechanisms to accelerate public, private and philanthropic climate investment at scale.
Rewiring Trade and Supply Chains
Geopolitics, technology, and climate change are among the forces rewiring globalization across regions and industries. These dynamics are disrupting established relationships and creating new opportunities for integration. The Initiative works with public and private sector leaders to understand these trends, build resilience and competitiveness in critical sectors, and advance reforms to the international economic system to meet contemporary challenges.
Better Bonds and Best Practices
Overview
Launched in January 2021, the Public Finance Program (PFIN) aims to accelerate cross-sectoral outcomes through events, trainings, and technical assistance, and advance policy and financial innovation to address key challenges facing the $4 trillion public finance field. Our Advisory Council is composed of executive-level leadership who provide strategic program guidance on key emerging issues.
The Public Finance Forum is designed to foster cross-sectoral dialogue and collaboration. Through this forum, professionals from diverse backgrounds converge to address the multifaceted challenges that public finance faces. It serves as a hub for the exchange of innovative ideas, best practices, and experiences, creating a space where participants can explore new avenues for tackling complex financial issues and driving positive change.
Learn MoreFeatured 2023 Public Finance Forum Sessions
Watch AllThe CFO Forum provides an exclusive arena for in-depth discussions concerning financial strategies and trends that impact cities. Addressing the distinctive challenges that major city CFOs face, this peer-to-peer forum delves into topics ranging from municipal budgeting and urban investment to localized risk assessment and resource allocation. By fostering a community of city CFOs and offering a platform for networking and knowledge exchange, the City CFO Forum empowers financial leaders to navigate their roles with heightened confidence and foresight, directly contributing to the financial health and growth of urban areas.
Learn MoreRead the ESG letter from our Public Finance Advisory Council to the Municipal Securities Rulemaking Board.
Read Comment LetterRisk Management
We recognize the paramount importance of identifying, assessing, and mitigating financial risks. Our Enterprise Risk Management initiative focuses on equipping practitioners with the tools and strategies necessary to effectively manage uncertainties that can impact public finance decisions and avoid costs. By cultivating a comprehensive understanding of risk dynamics and offering insights into practical risk management approaches, we aim to bolster overall financial resilience and promote stability within the public finance arena.
Upcoming Product Launch: Fall 2023
Explore the Stories from the Field Collection
PFIN Fellows
We are proud to develop events, research and technical assistance products with the help of top-flight MI Finance and Public Finance Fellows:
Rachel Reilly
Natalie Cohen