NVCA Statement on Bipartisan House Passage of Capital Access Bills  

WASHINGTON, DC – National Venture Capital Association (NVCA) President and CEO Bobby Franklin issued the following statement after the House voted to pass the Helping Angels Lead Our Startups (HALOS) Act, the Fair Investment Opportunities for Professional Experts Act, and the Encouraging Local Emerging Ventures and Economic Growth (ELEVATE) Act: 

“We applaud the House for its strong bipartisan action to expand access to capital and jumpstart America’s startup ecosystem. These bills remove outdated barriers that prevent qualified individuals from investing in startups and make it easier for entrepreneurs to raise the money they need to bring innovative ideas to life. We urge the Senate to build on this momentum and quickly advance these critical measures.” 

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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 NVCA, please visit www.nvca.org.