NVCA Saddened by Passing of Venture Icon David Morgenthaler

Morgenthaler Rooted in DNA of NVCA as Early Founder and Past Chair of Organization

WASHINGTON, DC – The National Venture Capital Association (NVCA) today issued the following statement after the passing of venture capital icon David Morgenthaler, Founder of Morgenthaler Ventures and past Chair of the NVCA Board of Directors. (more…)

NVCA Cheers Passage of Bills by Homeland Security Committee to Open Procurement Process to Cybersecurity Startups

Federal Agencies Unable to Access Innovative Cybersecurity Solutions Due to Difficulties Startups Face Accessing Procurement Process

WASHINGTON, DC – The National Venture Capital Association (NVCA) issued the following statement today after the House Committee on Homeland Security passed the Support for Rapid Innovation Act of 2016 and the Leveraging Emerging Technologies Act of 2016, both introduced by Congressman John Ratcliffe (R-TX), Chairman of the House Homeland Security Subcommittee on Cybersecurity, Infrastructure Protection, and Security Technologies. (more…)

Fostering Innovation Act Would Help Startups Go Public

WASHINGTON, DC – The National Venture Capital Association (NVCA) today came out in support of H.R. 4139, the Fostering Innovation Act.  Sponsored by Reps. Kyrsten Sinema (D-AZ) and Michael Fitzpatrick (R-PA), H.R. 4139 would reduce the significant and sometimes overwhelming costs for small capitalization companies to go public, encouraging more startups to access the public markets. (more…)

NVCA Marks Opening of Crowdfunding Platforms

Crowdfunding Will Strengthen Entrepreneurial Ecosystem

WASHINGTON, DC – The National Venture Capital Association (NVCA) today issued the following statement as new rules by the Securities and Exchange Commission (SEC) go into effect to allow for small startup companies to raise capital through crowdfunding platforms.  The new rules allowing for the creation of crowdfunding platforms is the result of Title III of the 2012-passed Jumpstart our Business Startups Act (JOBS Act), which NVCA played a leading role in helping to secure passage of. (more…)

NVCA Supports Reauthorization of SBIR and STTR Programs

Programs are Vital Tools to Support Entrepreneurship in America

WASHINGTON, DC – The National Venture Capital Association (NVCA) today issued the following statement after the Senate Committee on Small Business and Entrepreneurship voted last night to pass S. 2812, SBIR and STTR Reauthorization and Improvement Act of 2016.  Sponsored by Senator David Vitter (R-LA), Chairman of the Senate Committee on Small Business and Entrepreneurship, and Senator Jeanne Shaheen (D-NH), Ranking Member of the Senate Committee on Small Business and Entrepreneurship, S. 2812 reauthorizes the Small Business Administration’s (SBA) Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.  Scheduled to expire September 30, 2017, the bill would make the programs permanent across all participating federal agencies. (more…)

Basic Research and Technology Commercialization are Vital to National Interest

WASHINGTON, DC – The National Venture Capital Association (NVCA) today issued the following statement as the U.S. Senate Committee on Commerce, Science, and Transportation today convenes a hearing to discuss ways to improve collaboration in research and development and the application of research and development to commercial uses.

“Strengthening American investment in basic research and promoting the commercialization of emerging technologies is critically important to the entrepreneurial ecosystem and vital to our national interest,” said Bobby Franklin, President and CEO of NVCA.  (more…)

Leaders from Venture Capital Honored at NVCA Leadership Gala & Summit

Chuck Newhall, Diana Frazier and Jeff Fagnan Recognized for Service and Commitment to Venture and Entrepreneurial Ecosystem

SAN FRANCISCO, CA – The National Venture Capital Association (NVCA) today honored three leaders of the venture capital industry with awards for their significant contributions to advance innovation, strengthen the industry and promote entrepreneurship.  At the Second Annual NVCA Leadership Gala & Summit held in San Francisco today, NVCA presented the Lifetime Achievement in Venture Capital Award to Chuck Newhall, Co-Founder and Retired General Partner of New Enterprise Associates (NEA), the Outstanding Service Award to Diana Frazier, Co-Founder of FLAG Capital, and the American Spirit Award to Jeff Fagnan, Founder and General Partner of Accomplice Ventures. (more…)

Venky Ganesan of Menlo Ventures Appointed Chair of NVCA Board of Directors

Seven New Directors Elected to NVCA Board for Four-Year Term

SAN FRANCISCO, CA – The National Venture Capital Association (NVCA) today announced that Venky Ganesan, Managing Director of Menlo Ventures, will serve as the 2016-2017 Chair of the NVCA Board of Directors.  His appointment was made official today at the Second Annual NVCA Leadership Gala & Summit in San Francisco, CA. (more…)

Business Tax Reform Should Focus on Strengthening Startup Creation

WASHINGTON, DC – The National Venture Capital Association (NVCA) today issued the following statement as the Senate Finance Committee held a hearing to examine business tax reform.

“Today’s hearing was an important one and we are supportive of congressional efforts to continue the discussion around business tax reform.  However, because the success of innovative startups has become so important to economic growth, any discussion around tax reform must be expanded to consider ways that tax reform can encourage the creation of more U.S. companies as well as bolstering the competitiveness of larger firms,” said Bobby Franklin, President and CEO of NVCA. (more…)