ABOUT US

The NextGen Chamber of Commerce, a not-for-profit 501(c)(3), is America's first business organization supporting our emerging entrepreneurs and business leaders.

We want to turn the tide in favor of a new generation that has been tasked with carrying America's economy through the 21st century. 

We pursue this mission by advocating for policy solutions that will benefit Next Gen business formation, supporting the entrepreneurial ecosystem, promoting diversity in our economic ecosystem, and advancing millennial voices to enable a new generation of business leadership across businesses of all sizes to promote better capitalism. 

NextGen Chamber is focused on:

• Policy: Addressing policy barriers to Next Gen business creation and entrepreneurship including portable benefits, retirement security, student debt, and higher education.

• Diversity: Promoting diversity in entrepreneurship by ensuring that US business creation is reflective and inclusive of America’s increasingly diverse demographic through supplier diversity, access to capital, and mentoring.

• Future of the Economy: Tackling the challenges and opportunities of the future of work to develop a job market that will deliver results for everyone. 

Why focus on this population? 

Currently, America’s largest age demographic is the millennial generation. Born between 1980 and 1995, Millennials contribute 92 million employees to the US economy, representing almost two-fifths of the working age population. Surpassing the baby boomers as the most significant and diverse generational group, millennials hold strong social values which impact who they do business with, where they invest and how they grow. We want to ensure that their values are communicated and understood among investors, policymakers and the wider business community. Representing the most diverse generation in America’s history, the NextGen Chamber wants to ensure that America’s business creation is particularly supportive of women and minorities, who account for a growing market share and investment in the US economy. 

Addressing future challenges for aspiring business owners 

Millennials face a tough economic and social landscape which inhibits their potential to create and grow businesses. The fundamental transformation affecting the US workforce - automation and robotics - will change the skills sought by organizations, and will disproportionately affect those under 40. The conversation surrounding the future of work, especially the growth of the independent workforce, will create a seismic shift in the landscape of work in America. Most importantly, the rising level of student debt, especially impacting women and minorities, cripples millennials aspiring act on their entrepreneurial ambition. Research shows that new and young companies - not existing ones - are the top source of job creation in America, making them critical to grow our country’s economy. Without acting to remove barriers to business creation, we could face a lost generation of entrepreneurial activity.