Interview with Richard Bendis, Board Member of NASVF and Jim Jaffe, President of NASVF

In a recent press release, The National Association of Seed and Ventures Funds (NASVF) announced it is working with a national innovation intermediary, Innovation America, to create a new National Innovation Seed Fund of Funds (NISF) to help remedy the lack of funding for young entrepreneurial companies and to get knowledge-based job growth going again. NASVF claims to be in discussions with the Obama administration about providing $2 billion to the NISF.

NASVF is a 12-year-old not-for-profit association that represents innovation capital leaders including private, public and nonprofit organizations that are committed to building their local economies by investing in local entrepreneurs. Innovation America has been developed by Richard Bendis, a recognized national leader in innovation based economic development. He was the first chairman and later CEO of the Kansas Technology Enterprise Corporation, the founder of Innovation Philadelphia and was a founding board member of both NASVF and the State Science and Technology Institute.

We are joined today by Richard Bendis as well as Jim Jaffe, President of NASVF.

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