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NVTC Applauds the Introduction of Startup Act 3.0

New federal legislation would bolster entrepreneurship and innovation in the US

HERNDON, Va., Feb. 15, 2013 /PRNewswire-USNewswire/ -- The Northern Virginia Technology Council (NVTC) today announced its support for Startup Act 3.0, a renewed bipartisan jobs and high-skilled immigration bill to bolster entrepreneurship and innovation nationwide. U.S. Sen. Mark Warner (D-Va.), along with Sens. Jerry Moran (R-Kan.), Chris Coons (D-Del.) and Roy Blunt (R-Mo.), submitted the updated version of their bill to jumpstart the economy through the creation and growth of new businesses.

(Logo: http://photos.prnewswire.com/prnh/20071106/DC06626LOGO)

In backing the bill, NVTC President and CEO Bobbie Kilberg made the following statement on behalf of NVTC and its membership:

"By proposing this bold piece of legislation, Senator Warner and his colleagues are advancing the cause of job creation, innovation and entrepreneurship. Startup Act 3.0 will drive job growth and innovation by helping startup companies recruit and retain global talent, encourage more research and development (R&D), promote investment in startups, and generate new intellectual property and new technology."

The Northern Virginia Technology Council (NVTC) is the membership and trade association for the technology community in Northern Virginia. As the largest technology council in the nation, NVTC serves about 1,000 companies from all sectors of the technology industry, as well as service providers, universities, foreign embassies, non-profit organizations and governmental agencies. Through its member companies, NVTC represents about 200,000 employees in the region. NVTC is recognized as the nation's leader in providing its technology community with networking and educational events; specialized services and benefits; public policy advocacy; branding of its region as a major global technology center; initiatives in targeted business sectors and in the international, entrepreneurship, workforce and education arenas; the Equal Footing Foundation, a 501(c)(3) nonprofit charity that serves local area youth; and The Entrepreneur Center @NVTC which mentors new technology entrepreneurs. Visit NVTC at www.nvtc.org

SOURCE Northern Virginia Technology Council

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