NVCA among 70 groups urging Congress to pass Endless Frontier Act

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A coalition of more than 70 organizations from various industries are urging members of Congress to pass the Endless Frontier Act.

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The Endless Frontier Act would provide increased investment to support U.S. leadership in key emerging technologies, leveraging public-private partnerships.

“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 Bobby Franklin, president and CEO of the National Venture Capital Association (NVCA), one of the organizations that signed the joint letter.

The letter was signed by executives from more than 70 organizations from across the country, including TechNet, the national bipartisan network of innovation economy CEOs and senior executives.

“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,” TechNet President and CEO Linda Moore said.

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