Contact:

Ben Veghte
NVCA
202.864.5923
bveghte@nvca.org


FOR IMMEDIATE RELEASE:

Pledges to Work with Hatch to Support Startup Formation

WASHINGTON, DC – The National Venture Capital Association (NVCA) issued the following statement today after Senator Orrin Hatch (R-UT), Chairman of the Senate High-Tech Task Force, unveiled his Innovation Agenda for the 115th Congress.

“On behalf of our nation’s venture capital investors and the entrepreneurs they support, we applaud Senator Hatch for developing such a detailed policy agenda to strengthen the U.S. innovation economy,” said Bobby Franklin, President and CEO of NVCA.  “Through his leadership of the Senate Republican High-Tech Task Force, Senator Hatch has developed a deep appreciation for the important role venture-backed companies play in our economy and has offered a compelling policy agenda to ensure the U.S. remains the global leader in innovation and breakthrough discoveries.  From investment in STEM education to common-sense immigration reforms to attract and retain the best and brightest from around the world, there is much for us to be supportive of, and we look forward to working with Senator Hatch to expand his priority list to better support new startup formation in the U.S.”


About National Venture Capital Association

Venture capitalists are committed to funding America’s most innovative entrepreneurs, working closely with them to transform breakthrough ideas into emerging growth companies that drive U.S. job creation and economic growth. As the voice of the U.S. venture capital community, the National Venture Capital Association (NVCA) empowers its members and the entrepreneurs they fund by advocating for policies that encourage innovation and reward long-term investment. As the venture community’s preeminent trade association, the NVCA serves as the definitive resource for venture capital data and unites its member firms through a full range of professional services. For more information about the NVCA, please visit www.nvca.org.