Venture Impact: The Economic Importance of Venture Capital Backed Companies to the U.S. Economy

Description

Venture Impact takes a look at the economic impact of venture backed companies. This study looks at the contribution venture backed companies have had on overall job creation, revenue creation and innovation over the last 30 years.

This report provides an overview of the key findings contained in the Global Insight study, Venture Impact: The Economic Importance of Venture Capital Backed Companies to the U.S. Economy, commissioned by the National Venture Capital Association (NVCA). The statistics presented here are based on a database of over 23,500 venture capital backed companies. The data demonstrates the enormous contribution of venture capital backed companies to U.S. jobs, sales, economic growth, and technological progress. The nation’s venture capital industry plays a paramount role in nourishing the U.S. economy by bringing innovative concepts and business models to life.

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