Washington, D.C. – TechNet, the national bipartisan network of innovation economy CEOs and senior executives, and the National Venture Capital Association (NVCA), the voice of the U.S. venture capital and startup community, today led a coalition of more than 70 organizations from across the country in a joint letter urging Congress to pass the Endless Frontier Act.

“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,” said TechNet President and CEO, Linda Moore.

“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 NVCA President and CEO, Bobby Franklin.

For a complete list of organizations who signed the letter, click here.