NVCA Today

The latest data on how venture-backed companies contribute to U.S. economic growth is now available! The fifth edition of Venture Impact will be distributed to members of Capitol Hill and will also be available for down load on the NVCA website in September. The study, which is commissioned by NVCA and based on data collected and analyzed by IHS Global Insight, measures the 2008 jobs and revenues at venture-backed companies headquartered in the U.S. Further details are given by geographical region, and industry sector. Some data highlights include:

• Companies that were once venture-backed accounted for 12.1 million jobs or 11 percent of total private sector employment.
• Companies that were once venture backed accounted for $2.9 trillion of revenue which equates to 21 percent of U.S. GDP
• Venture backed company job growth from 2006 - 2008 was 1.5% compared to total US private sector growth of .2%
• Venture-backed company sales growth from 2006-2008 was 5.3% compared to total US sales growth of 3.5%.
• Venture backed companies account for 80% of total employment in the software industry and 74% of total employment in the telecommunications and semiconductor industries.
• For every $38,252 of venture capital invested from 1970-2008, there was one US job in 2008.
• For every dollar of venture capital invested from 1970-2008, there was $6.32 of revenue generated in 2008.

In addition to the broad report, the NVCA also has state packets of information available for members to use. Each packet contains venture capital investment end economic impact data specific to the state. For more information or to request state data, please contact Emily Mendell (610-565-3904 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it )