After winning rare bipartisan approval in the House of Representatives, a package of bills aimed at kick-starting the market for initial public offerings and other financing options for start-up companies may reach a Senate vote in a week.
The Jumpstart Our Business Start-ups bill, or JOBS Act, would help young companies by exempting smaller businesses from some regulations imposed after the tech stock bust of 2000, said Kate Mitchell, chairwoman of the IPO Task Force, a group organized by the National Venture Capital Association. Former venture-backed start-ups account for 12 million U.S. private-sector jobs, according to an NVCA-commissioned study.
To read the full, original article click on this link: JOBS act awaiting Senate action could ease young companies' IPOs – USATODAY.com
