NVCA Statement on Startup Visa Passage

Washington DC– NVCA President and CEO Bobby Franklin following House passage of the America Competes Act which included a Startup Visa said:

“A Startup Visa has been an NVCA top priority for many years and we are thrilled to see it advance out of the House. This concept has always enjoyed bi-partisan support because it allows the world’s top entrepreneurs to create new companies and jobs here in the United States.

“As the House and Senate move forward on a U.S. competitiveness package, we urge them to recognize that a Startup Visa and the NVCA-endorsed Endless Frontier Act will make meaningful impacts in the discovery and advancement of new technologies and create economic opportunity for Americans. We also encourage policymakers to remove any counterproductive provisions that place unnecessary regulatory burdens on U.S. startups.”

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About National Venture Capital Association
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 US 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.