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Elance Pledges $1 Million Commitment to the Startup America Partnership

Leading Online Employment Platform Supports Entrepreneurs Across the County (January 09, 2012)

MOUNTAIN VIEW, CA -- (Marketwire) -- 01/09/12 -- Elance, the leading platform for online work, today announced a $1M commitment to the Startup America Partnership in order to help young companies grow and create jobs throughout the country.

"Growing young companies are the job creators in our country and in order for them to scale, they need a host of vital resources," said Scott Case, CEO of the Startup America Partnership. "We're excited to partner with Elance and look forward to the benefits they'll provide Startup America Firms that are in need of virtual workers to advance their growth."

As part of the sponsorship, Elance is pledging service credits on its platform to all verified Startup America Firms, with a total commitment of $1M to help revitalize the growth of new businesses and jobs across the country. This credit will help companies grow their businesses with a virtual team of workers that can help execute their vision. Whether businesses require IT, marketing, administrative or creative services, Elance ensures that entrepreneurs have instant access to a contingent, global and online workforce.

"We're very excited to join Startup America in their efforts to help create jobs by supporting entrepreneurs and young companies," said Fabio Rosati, CEO of Elance. "Entrepreneurship is a key driver of any economy's health, and we're committed to support economic growth by offering businesses instant access to great talent."

Entrepreneurs are no longer limited by geography, expensive software or overhead to get a prototype or service out to market. Elance helps equip startup companies with access to resources and skilled talent to help them take their ideas to market more quickly and at a lower cost than ever before.

About Elance
Elance, the world's leading platform for online employment, helps businesses hire and manage in the cloud.

For businesses looking to staff-up a team on an hourly or project basis, Elance offers instant access to qualified professionals who work online. Elance provides the tools to hire, view work as it progresses and pay for results. Elance is faster and more cost-effective than job boards, staffing firms and traditional outsourcing.

For skilled professionals who want to work online, Elance offers access to qualified clients, a virtual workplace and guaranteed pay for great work. Contractors have already earned nearly $500 million on the Elance platform.

The company is privately held and headquartered in Mountain View, California. To take advantage of the massive growth in demand for its services across the world, Elance opened European headquarters in Oslo. For more information, visit Elance at

About the Startup America Partnership
The Startup America Partnership was launched at the White House in response to President Obama's call to celebrate, inspire and accelerate high-growth entrepreneurship throughout the nation. The Partnership is bringing together an alliance of major corporations, funders, service providers, mentors and advisors working to dramatically increase the prevalence and success of high-growth enterprises in the U.S. AOL co-founder Steve Case chairs the Partnership and the Kauffman and Case Foundations are founding partners. American Express OPEN, Dell Inc., Intuit Inc., and Microsoft are sponsors. The Partnership will identify measure and report on the effectiveness of cross-sector collaboration in support of entrepreneurial ventures and its effect on job creation and growth. For more information on the Partnership, visit

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Emily Borders
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