A new federal business program to increase innovation and entrepreneurship gets a local boost next week, when a team from the White House — described as "senior Obama Administration officials — comes to the Twin Cities as part of the Startup America initiative.

The group will meet at Medtronic in Mounds View Wednesday form 9 a.m. to 12:30 p.m.

Scheduled to be here are:

• Teresa Rae, deputy undersecretary of commerce for intellectual property and deputy director of the U.S. Patent and Trademark Office.
• Winslow Sargeant, Small Business Administration chief counsel for advocacy.
• Michael Fitzpatrick, deputy administrator for the Office of Information and Regulatory Affairs.

They're looking for ways to support startups and help entrepreneurs — particularly by streamlining regulation and removing barriers for growth — as a way to improve the nation's economy.

The goal of the Startup America plan is to "dramatically increase the prevalence and success of America’s entrepreneurs."