Richard Bendis, CEO of Innovation America and James Jaffe, President of NASVF were interviewed recently by VCExperts.com Below are excerpts from that artcle.
About discussions with the Obama Administation:
Bendis: We began our discussions with the Obama administration transition team in December 2008. Team members and certain interested agency personnel also interacted with the White House Office of Management and Budget, who actually proposed increasing our initial $1 billion ask to $2 billion. Discussions are continuing and agencies are responding to these immediate stimulus response needs while continuing to review new program opportunities. - Interview with Richard Bendis, Board Member of NASVF and Jim Jaffe, President of NASVF, by VC Experts.com
About the idea for the survey:
Jaffe: The survey was requested by federal agency personnel. NASVF responded in a timely fashion to this request to assist the Obama administration to determine the real early stage funding environment and needs in America. (We have attached a copy of the survey for your review as well as the press release that summarizes the surveys findings). Interview with Richard Bendis, Board Member of NASVF and Jim Jaffe, President of NASVF, by VC Experts.com
Check it out!