New England Venture Capital Association

New England Venture Capital Association
	NEVCA Logo
Type	Trade Association
Industry	Venture Capital
Founded	1902
Headquarters	Cambridge, Massachusetts
Area served	New England
Services	Lobbying, Networking
Website	newenglandvc.org

The New England Venture Capital Association (NEVCA) is a trade association with the mission to make New England the best place in the world to start and grow new companies. The NEVCA represents the interests of venture capital investors by promoting entrepreneurship. As of 2014, the association represented members from over 90 firms and had an annual budget of $1 million.[1]

History

NEVCA was founded in 1902 as a loose association of the regional investment bodies. At that time, the organization had no full-time staff and served primarily as a communications channel between investors. Since its foundation, NEVCA has grown into a much larger regional body that represents hundreds of partner firms who manage thousands of companies, with tens of billions of dollars in capital.

The NEVCA produces the NEVY Awards, a celebration of excellence on both sides of the investor / startup equation.[2]

In 2018 NEVCA advocated for non-compete reform in a Massachusetts Economic Development bill, specifically to reduce non-compete maximum duration to 6 months and to require 100% garden leave for employers.[3][4]

References

Leung, Shirley. "C.A. Webb a new face for an evolving city". Boston Globe. Retrieved 19 September 2018.
"How The NEVY Awards Are Making a Bigger Play for Diversity". BostInno. Retrieved 2016-08-18.
Bernsau, W. Marc (25 July 2018). "As Beacon Hill weighs noncompete reform, VC industry makes its pitch". Boston Business Journal. Retrieved 19 September 2018.
Cohan, Peter (29 July 2018). "WALL & MAIN: State poised to confirm its competitive disadvantage". Telegram & Gazette. Retrieved 19 September 2018.

External links

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[globe-1] Leung, Shirley. "C.A. Webb a new face for an evolving city". Boston Globe. Retrieved 19 September 2018.

[2] "How The NEVY Awards Are Making a Bigger Play for Diversity". BostInno. Retrieved 2016-08-18.

[3] Bernsau, W. Marc (25 July 2018). "As Beacon Hill weighs noncompete reform, VC industry makes its pitch". Boston Business Journal. Retrieved 19 September 2018.

[4] Cohan, Peter (29 July 2018). "WALL & MAIN: State poised to confirm its competitive disadvantage". Telegram & Gazette. Retrieved 19 September 2018.