State Policy Resources

In 2023, Speaker of the House, ssemblyman Steven Yeager sponsored Assembly Bill 77, which established the Office of Entrepreneurship within the Governor’s Office of Economic Development (GOED). Appropriations funded two full-time employees to launch the office initially: a Director of Entrepreneurship and an Entrepreneurship Coordinator. The office works as the point of contact for businesses under five years old, strengthening policies and programs supporting the growth of entrepreneurship in the state, including, without limitation, across demographic segments and geographic areas. For more information on this policy, check out this release from the Nevada Governor’s Office of Economic Development (GOED).

In 2024, Senator Travis Fitzwater sponsored Senate Bill 894, which created the Right the Start Act and statewide Office of Entrepreneurship. This act requires the Commissioner of Administration to file a report with the General Assembly that includes information on contracts awarded to businesses that have been in operation for less than three years. Additionally, it requires the Commissioner of Administration, in conjunction with the Office of Entrepreneurship, which is established by the act, to file a report with the General Assembly making recommendations on improving access and resources for new Missouri businesses that have been in operation for less than three years, including businesses owned by a racial minority group, and women-owned and veteran-owned businesses. Lastly, the act creates the Office of Entrepreneurship within the Department of Economic Development. The Office shall employ an individual to promote policies and initiatives to support the growth of entrepreneurship of Missouri-based businesses with less than ten employees, including entrepreneurship within racial minority groups, and women and veteran entrepreneurship, in this state. To learn more about this policy, check out this story.

In 2025, Representative Meredith Dixon sponsored House Bill 20, which created the Technology & Innovation District within the Department of Economic Development. The bill advanced economic growth in the state and will provide millions of dollars in funding for startup companies, while expanding greatly on entrepreneurship efforts. The new office absorbed the Office of Strategy, Science and Technology and Office of Entrepreneurship. 

In 2023, New Mexico established an Office of Entrepreneurship through executive department action, “Furthering the Economic Development Department’s mission of improving the lives of New Mexico families by increasing economic opportunity, building wealth, and providing a place for businesses to thrive.” The Office serves and connects all New Mexico entrepreneurs, coordinating with support organizations and incubators as well as providing guidance on resources and funding opportunities. Right to Start information helped inspire the Office of Entrepreneurship and it continues to educate state leadership in order to support the office and its ongoing success.

In 2025, Senator Brian Buchanan authored Senate Bill 516, which established a statewide Office of Entrepreneurship and Innovation.

In 2025, Representative Caroline Harris sponsored House Bill 346, which streamlines processes and reduces barriers for those starting and growing a business. The bill empowers the Secretary of State to charge competitive fees for businesses that want expedited filing and record services in the state. This will provide more assurance to potential new businesses that the state will welcome them with open arms. Additionally, the bill eliminates the state franchise tax and certain filing fees for veteran-owned businesses. The engrossed policy that passed in the House in 2025, reflected many of the same policy ideas that Representative Harris proposed in the House in 2023.