WASHINGTON, April 5, 2012 /PRNewswire-USNewswire/ -- Today, the President signed the Jumpstart Our Business Startups Act (JOBS Act) into law. CompTIA President and CEO Todd Thibodeaux, who was among the guests at the White House signing ceremony, issued the following statement.
"CompTIA is very pleased that the President has signed the bipartisan JOBS Act into law. The JOBS Act is an important way to help jump start small businesses that need a boost in this uncertain economy. The law opens up a new channel of vital equity capital for technology firms seeking funding to expand their operations. Of course, making it easier for small businesses to grow means new jobs for the economy as a whole.
"In the coming months, CompTIA plans to work with our 2,000-plus member companies in the IT sector, particularly small and medium firms, to seek ways for them to better understand and utilize the provisions of the newly-enacted JOBS Act.
"CompTIA is encouraged by this bipartisan effort and cooperation between Congress and the President. We hope this is a sign that both sides can work together on other important policies to help grow small businesses, create more jobs and strengthen the economy."
CompTIA is the voice of the world's information technology (IT) industry. Its members are the companies at the forefront of innovation; and the professionals responsible for maximizing the benefits organizations receive from their investments in technology. CompTIA is dedicated to advancing industry growth through its educational programs, market research, networking events, professional certifications, and public policy advocacy. For more information, visit www.comptia.org or follow CompTIA at www.facebook.com/CompTIA and twitter.com/comptia.
CompTIA's Public Advocacy group focuses on a broad array of issues affecting the IT industry, with particular emphasis on representing the interests of small and mid-sized IT companies and entrepreneurs. Areas of focus include workforce education and training, tax matters, access to capital, health IT, export promotion, procurement, cybersecurity and smart technologies.