NVCA Praises House Passage of Expanding Access to Capital Act

The National Venture Capital Association (NVCA) commends House Financial Services Chairman Patrick McHenry (R-NC) for his outstanding leadership and commitment in successfully passing HR 2799, the Expanding Access to Capital Act, which includes provisions in the NVCA-supported Developing and Empowering Our Aspiring Leader (DEAL) Act.

“The Expanding Access to Capital Act will be a catalyst for America’s economic growth by encouraging young companies to go and stay public, while also modernizing the definition of a venture capital fund, particularly in terms of capital formation and early-stage liquidity through the DEAL Act,” said NVCA President and CEO Bobby Franklin.

The post NVCA Praises House Passage of Expanding Access to Capital Act first appeared on National Venture Capital Association - NVCA.