FOR IMMEDIATE RELEASE
April 29, 2021
Contact: Devin Miller
WASHINGTON, DC – TechNet, the national bipartisan network of innovation economy CEOs and senior executives, and the National Venture Capital Association (NVCA), the voice of the U.S. venture capital and startup community, today led a coalition of more than 70 organizations from across the country in a joint letter urging Congress to pass the Endless Frontier Act.
“The Endless Frontier Act will enhance American innovation capacity in critical emerging technologies. The bill increases investment in research and encourages the commercialization of technologies through new company formation, a proven formula to facilitate economic growth and job creation. We applaud Congress for working in a bipartisan manner to support innovation and urge them to pass the Endless Frontier Act to help grow our economy, create new companies in regions and communities across the country, and strengthen U.S. competitiveness,” said NVCA President and CEO, Bobby Franklin.
“The Endless Frontier Act is an investment in the future of the American economy. It would create high-skilled, good-paying jobs in communities across the country that will prepare the U.S. workforce to compete globally in the years ahead. We look forward to working with Congress on this bipartisan legislation that will boost our economy, spur innovation, and help us recruit, train, and retain the world’s best talent,” said TechNet President and CEO, Linda Moore.
For a complete list of organizations who signed the letter, click here.
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.