Home

08

Mar

2013

White House Looking for Applicants for Presidential Innovation Fellows Program PDF Print E-mail

Janice Mawson

Written by Janice Mawson   
Share
The Presidential Innovation Fellows Program is looking for applicants for this high profile White House program which brings top innovators, entrepreneurs, and change agents into government for 6-12 months to develop game-changing solutions that benefit the American people in a myriad of ways -- saving lives, saving taxpayer money, and helping to fuel job growth. Regardless of one's political affiliation, this is a wonderful opportunity to engage in improving our government.  

Each team of innovators is supported by a broader community of interested citizens throughout the country. The 1st round of five projects was launched in August 2012 with 18 inaugural Fellows. The 2nd round of the Presidential Innovation Fellows program will include nine projects, four that are the second phases of Round 1 projects and five new projects. Presidential Innovation Fellows have a unique opportunity to serve our Nation and make an impact on a truly massive scale. 

Interested innovators should apply for this program by March 17, 2013! More information and the application can be found here.

 

07

Mar

2013

To Members and Friends of NVCA PDF Print E-mail

Mark Heesen

Written by Mark Heesen   
Share
Dear Friends:

After working for the NVCA for more than two decades and serving as President since 1999, I recently informed the board of directors of my intention to retire as head of the Association. I have planned this departure for some time. And the timing is right in my life, and in the life of NVCA, to begin that transition.

Words cannot express what a privilege it has been to lead and advocate for the venture capital industry for the past 22 years. It has been an incredible ride, one that has seen tremendous progress and change in our industry and in Washington D.C. And personally, I have deposited well over a million frequent flyer points in my account, a milestone that has me looking forward to more time at home with my wife Stacy and my daughters Claudia and Amelia.

The Board has requested, and I have agreed to play an integral role in the search and transition period for a new NVCA president. I plan to continue my presidency until such time as this process is complete. Neither I nor the Board are beholden to an end date and plan to take as much time as needed to select and install a new leader.

I am confident that I will leave NVCA in excellent hands and would like to thank the Board of Directors for their support in my decision. I remain extremely proud of the work that our members and staff do each and every day, and look forward to staying in close touch with you all as we begin the transition process.

Thank you for all that you do.

Last Updated on Thursday, 07 March 2013 08:57
 

05

Mar

2013

Kamra Testifies on StartUp Visa PDF Print E-mail

Emily Baker

Written by Emily Baker   
Share
This morning Deepak Kamra, general partner of Canaan Partners and past board member of NVCA, testified before the House of Representatives Subcommittee on Immigration Policy and Enforcement in support of a StartUp Visa category for foreign–born entrepreneurs who wish to start their high growth businesses in the United States. Deepak made a knowledgeable witness as before he became a venture capitalist, he himself was an immigrant entrepreneur who had difficulty obtaining a visa in the 1980s. He ultimately was able to come to the U.S. and help start Aspect Communications, a software company that employs approximately 2,000 people today. However, as he shared with Congress, significant difficulties remain for today's company founders who are not born in the United States.

As Deepak explained to the committee, while H-1B visas often help immigrants work for large, established corporations, they are rarely issued to entrepreneurs wishing to start a company. Consequently, individuals seeking to innovate and start their company here have to find other means of establishing temporary or permanent residency in the United States. Many are choosing to start their companies overseas, which is costing the U.S. significant jobs. A StartUp Visa category, with appropriate parameters and monitoring, would send the right message to a vital community that America is open for business.

The committee recognized the need for highly skilled immigration reform and was supportive of measures that would allow immigrant entrepreneurs to start companies here. We hope this bipartisan support will result in legislation this year that not only "allows" these individuals to build companies in the U.S. – but truly welcomes them to do so.

You can read Deepak's full testimony here.

 

26

Feb

2013

NVCA is Ready to Rock PDF Print E-mail

Emily Mendell

Written by Emily Mendell   
Share

As Jason Mendelson shared today in his blog , a key ingredient of VentureScape 2013 -  NVCA’s  Annual Meeting -  is fun.  And boy did we have fun shooting this video to promote NVCA Live! presented by Silicon Valley Bank.

Watch Now!

NVCALiveThumb

That’s Jason as our dreamer, along with by Ray Rothrock of Venrock (and NVCA chairman) and Marc Cadieux of SVB.  These three talented musicians will be performing at NVCA Live! on March 14th at the Great American Music Hall with their bands Legitimate Front, Up and to The Right, and The Exploding Warrants.  The evening will culminate in a private concert by Train lead singer Pat Monahan and his trio.

More information on this party and concert, which also includes outstanding food and open bar courtesy of Merrill Lynch and Cooley, can be found here.

Want tickets?  Sure thing.

If you are an NVCA member, you can purchase them for yourself and all your friends here.

If you are a member of the press, email me (emendell@nvca.org)  as there are a limited number of passes I can offer.

If you are not either of those folks, connect with your favorite NVCA member and ask them to buy you a ticket.  Guests are welcome!!

Advance tickets are required for entry.  They must be purchased separate from VentureScape registration.  No sales will be made at the door.  We are planning to sell out, so get tickets soon.

We are ready to rock.  Hope many of you will join us.

 

21

Feb

2013

Final FATCA Regulations and Deadlines Issued PDF Print E-mail

John Taylor

Written by John Taylor   
Share

On January 17, 2013, the U.S. Department of the Treasury and U.S. Internal Revenue Service (IRS) issued final Treasury Regulations under the tax provisions commonly referred to as the Foreign Account Tax Compliance Act (FATCA). The full alert from Proskauer can be found here. The mobile version is also available.

There is quite a rubric of rules which could apply to venture firms and funds with any kind of foreign presence or affiliated entity. Member general counsel and CFOs need to be familiar with these new rules which are specified in a 543-page IRS document.

Last Updated on Thursday, 21 February 2013 14:32
 

18

Feb

2013

NVCA Seeks to Expand Corporate VC Data Collection PDF Print E-mail

Janice Mawson

Written by Janice Mawson   
Share
Last week, the NVCA announced a new data collection initiative with Thomson Reuters, to promote and report the depth and powerful impact of corporate venture capital (CVC) investing.  A recent revamp in Thomson Reuters’s definition of CVC will allow them to capture all CVC investments regardless of syndicate makeup, round sequencing, investing company’s corporate structure, or virtually any deal whether it is strategic or financial in nature.  Historically we have only captured CVC investment if it is part of a syndicate of traditional VC investors.  
However, our success depends on the participation of corporate VC investors.
An invitation for corporations to contribute to Thomson Reuters' surveys can be found here.  We are asking corporations to begin the process by developing or updating their company profile and contact information at Thomson Reuters by connecting with Donald Fleurantin at donald.fleuratin@thomsonreuters.com.
As many know, Thomson Reuters data powers the quarterly MoneyTree Reports and maximum participation will help ensure that CVC deals and data are included to the fullest extent possible.
Thanks to all those who participate and please feel free to contact me at jmawson@nvca.org with any questions.

Last Updated on Tuesday, 19 February 2013 10:11
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 10 of 37