Economic development is about jobs, jobs where people can earn enough to feed and shelter themselves and their families. Most economic development programs are betting on "scalable" startups as their job engine - trying to make sure the next Facebook, Google, etc. is built in their city, state or region. Is that the best way to do it? Should we put the bulk of economic development funds in scalable startups or invest more money in training as many people as can be accommodated in the basic principles of entrepreneurship as defined by the $100 Startup or other micro-entrepreneurship models. Let's be agile/lean and run some experiments to test our hypotheses.