Billhighway at the White House (Again!): CIO Steve Robert Attends White House Signing of JOBS Act Today at Rose Garden Ceremony
For the second time this year, Billhighway is in attendance at the White House.
Billhighway’s CIO Steve Robert was invited to witness President Barack Obama sign the long-awaited Jumpstart Our Business Startups (JOBS) Act at a signing ceremony in the Rose Garden.
Earlier this year, Billhighway CEO Vincent Thomas participated in a conversation on jobs and the economy as led by the White House Business Council and Business Forward.
About the JOBS Act
The newly crafted legislation is designed to spur investment in the nation’s emerging growth companies. Highlights of this new bill include:
- Easing the initial public offering (IPO) process for “emerging growth companies” and reducing their regulatory burden.
- Improving the ability of companies to access capital via private offerings and small public offerings without Securities and Exchange Commission (SEC) registration.
- Allowing private companies with a substantial shareholder base to delay becoming a public reporting company.
Steve is part of Startup Michigan’s regional leadership team, a regional implementation of Startup America Partnership, the national effort dedicated to helping startups grow and jumpstart job creation throughout the country. Through Steve’s involvement, the White House felt Billhighway exemplified the purpose and promise of the new bill and invited Steve to attend the historical signing, including remarks from the President.
Startup America is a White House initiative that was launched to celebrate, inspire, and accelerate high-growth entrepreneurship throughout the nation. Leaders in the private sector launched the Startup America Partnership, an independent alliance of entrepreneurs, corporations, universities, foundations, and other leaders, joining together to fuel innovative, high-growth U.S. startups. Within just one year, the Partnership has mobilized to make over $1 billion in business services available to a national network that will serve as many as 100,000 startups over the next three years.
Many congratulations to Steve on his efforts, and this distinct honor. Learn more about Startup America here.