1/3 44% of FORTUNE 500 companies were founded by immigrants or their children. From Moderna and Pfizer, to Google and Tesla, foreign-born entrepreneurs helped drive the 21st-century economy. Yet unlike other developed nations, the US lacks a suitable #startupvisa.

Per OECD ➡️ Better Policies for Better Lives, the US is the only G-7 nation to have returned to (and surpassed!) pre-pandemic GDP. We owe this to the one-two punch of stimulus and vaccines. But how much will Delta slow us down? Cc: Bloomberg

Venture capitalist investment hitting an all-time high in 2021. CNBC's Kate Rooney took a look at where all the money's going. 💸

“Over the past five years (2016-2020), 44.5% of global climate technology VC investment went to U.S.-based startups. 1,917 early and growth stage companies raised $41.8 billion to develop solutions to the climate crisis.”

🗓️ February 2 at 2pm ET: Join us with Venture Forward and SBA as we discuss: ▶️ The Biden-Harris Administration policy agenda ▶️ SBA’s focus on emerging managers & support for underrepresented investors ▶️ SBA priorities that impact #VC 🔗 Register: ow.ly/f58j50HByHy

🌟 827 U.S.-based #climate tech #startups raised $27.27B in #VC #funding in 2021— more than double 2020's record-breaking $12.7B total [PitchBook].

The economy of tomorrow requires a thriving and inclusive innovation ecosystem that promotes investments in all small business communities and helps entrepreneurs compete in the global market. Thanks to Venture Forward of NVCA for having me for this important conversation.

"Direct pay would help level the playing field 'between startups and incumbent companies that can access the credits right away because they generate profits that the credits can offset,' said Jonas Murphy, government affairs manager of the National Venture Capital Association."

Job growth skyrocketed 960% at startups that got venture capital funding from 1990 to 2020, a new report finds businessinsider.com/job-growth-emp…

📅 March 2 at 1pm ET: Join NVCA, Venture Forward and representatives from Treasury Department to learn about best practices for VC's considering #SSBCI funds. 🔗Register for the webinar featuring Eric Cromwell, Karl Fooks, @jrtegan, @dschmiss and Jonas Murphy: ow.ly/Sb6b50I1JFX

Immigration is America's superpower, so this should be raising alarm bells for policymakers: The United States is no longer the top choice of foreign talent when asked where they would move for work.

1/ In honor of #EarthDay we’re recognizing & celebrating 5 leading VCs in climate and sustainability investing within the NVCA member community! We’re excited to hear from them, highlight their impact + cheer their continued success! 🧵 nvca.org/nvca-celebrate…

The environmental movement of the last generation was partly organized around stopping things. But to save the planet we are going to have to build things at an unprecedented speed and scale. We need to make it easier, not harder, to build big, planet saving projects.

⚡ On the fourth episode of the #VentureCapitol podcast, Jonas Murphy gives an update on past, current, and future federal policies that address investments in #climate startups and how #VCs can advocate for the right policy to solve the #climate crisis. link.chtbl.com/infpf93a

🎙️ NEW #VentureCapitol #Podcast Episode: We talk to Ross DeVol, Jonas Murphy, Ray Leach & @jrtegan about how #SSBCI helps unlock significant capital for underrepresented communities and emerging ecosystems. Listen: link.chtbl.com/s_j4h8F7

There’s no other way to put it: this has been the most consequential Congress for climate policymaking in history. New programs coming online will supercharge the deployment of 🔑 technologies to address the climate crisis.

"Form can scale more quickly thanks to new tax credits for battery-storage projects in the Inflation Reduction Act and forecasts for faster deployment of renewables. 'It’s a rising tide across the board. It makes everybody feel that much more confident.'"

There is an exciting opportunity to work with me as a federal employee at the National Advisory Council on Innovation and Entrepreneurship (NACIE). The deadline for applying is tomorrow! Apply here: usajobs.gov/job/688693200 More context here: linkedin.com/posts/ericpaul…

"Ambitious annual appropriations can help bridge RDD&D gaps, balance our nation’s clean energy innovation portfolio, and ensure America leads on the invention and production of emerging clean energy technologies that can be deployed both at home and abroad."

Thanks to immigrants, the US won 75% of Nobel prizes in 2023. Without them, we only would have won 25%. High skilled immigration is a policy lever for more innovation unlike anything else. Oh and its free.