FOR IMMEDIATE RELEASE
February 12, 2025
Contact: Evan Keller
Email: ekeller@nvca.org
WASHINGTON, DC – National Venture Capital Association (NVCA) President and CEO Bobby Franklin issued the following statement in support of U.S. Representative David Kustoff’s (R-TN) introducing the Small Business Investment Act:
“QSBS has a proven track record of promoting long-term investment in high-risk startups across our nation,” said NVCA President and CEO Bobby Franklin. “NVCA is proud to support Congressman Kustoff’s Small Business Investment Act, which would ensure this critical tax incentive continues to help drive innovation and economic growth.”
The bill would make it easier for startups to raise capital and give them more flexibility in their financing options by strengthening QSBS eligibility.
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The National Venture Capital Association (NVCA) empowers the next generation of American companies that will fuel the economy of tomorrow. As the voice of the U.S. venture capital and startup community, NVCA advocates for public policy that supports the American entrepreneurial ecosystem. Serving the venture community as the preeminent trade association, NVCA arms the venture community for success, serving as the leading resource for venture capital data, practical education, peer-led initiatives, and networking. For more information about the NVCA, please visit www.nvca.org.