Lawmakers lament detriment to startups of Trade Rep’s digital trade reversal

Congress is taking another crack at data privacy legislation

Startups voice need for strong digital trade policy

Startup policy priorities for 2024 and how to get involved

Pilot program launched to support AI research, innovation.

Startups to face hiring challenges following independent contractor rule

Digital taxes on the horizon, Canada likely to be first

The Big Story: EU, U.S. implement framework to restore transatlantic data transfers. The European Commission this week adopted a needed decision to implement the EU-U.S. Data Privacy Framework, bringing certainty back to transatlantic data transfers and lowering barriers for startups. The long-awaited agreement ends years of uncertainty surrounding data flows needed for U.S. startups to serve EU customers thanks to the invalidation of an earlier transfer agreement called Privacy Shield. The new framework is a welcome step that will bolster the competitiveness of U.S. startups looking to serve the EU market. 

The Big Story: Startups call on Congress to fix R&D expensing. Lawmakers in both chambers of Congress took steps this week toward addressing a critical tax issue impacting startups’ bottom lines: a recently enacted change to how startups expense research, development, and experimentation costs. House and Senate lawmakers held two hearings this week exploring how the tax code, including incentives around R&D impact small businesses and startups.