The New Business Preservation Act and the Tradition of U.S. Federal Government Support for Entrepreneurship and Venture Capital
Ian Hathaway
MARCH 31, 2020
Senators led by Amy Klobuchar introduced the New Business Preservation Act to incentivize venture capital formation around the country. It avoids two well-known traps for government-sponsored venture programs by requiring that public funds are matched with private dollars and that capital is deployed by professional investors.
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