This week, members of the U.S. House introduced a bipartisan companion to the Startup Act 2.0, which was introduced in the Senate by Senator Coons, along with Senators Moran, Rubio and Warner.
The House companion to the Startup Act 2.0, introduced by Reps. Michael Grimm (R-NY) and Loretta Sanchez (D-CA), shows continued strong, bipartisan momentum for this important legislation to jump-start our economy and help businesses grow and create jobs.
“Startup 2.0 is about creating American jobs,” Rep. Grimm said in a press release. “Too often we educate the world’s best and brightest in STEM fields, only to send them back to countries like India and China to open businesses and compete against us. This bill will keep top talent here in the U.S. to build businesses that hire Americans, and drive U.S. innovation and competitiveness.”
“As our economy continues to recover, we must further enable our entrepreneurs to grow and to create jobs,” Rep. Sanchez said in a press release. “Startup 2.0 legislation is a natural follow-up to our efforts to jumpstart the economy and it is exactly the kind of legislation the United States needs to keep up with India, China and the rest of the global market.”
Senator Coons joined his colleagues on the Senate floor for a colloquy on the Startup Act 2.0 earlier this week. Click here to watch.