#326. StartUp Visa Act

Posted on April 19, 2011June 5, 2014 | The Agurban

StartUp Visa Act

Following our Agurban last week on Immigration Policy, we received a response from Dr. Norris Krueger, a leader in entrepreneurship-led economic development. Dr. Krueger recently assisted on a white paper, StartUp Visa Proposal and immigration policy: A view from the trenches, with Suresh Kumar, founder and CEO of NexAge Technologies USA Inc.

Dr. Krueger pointed out that legislation to drive job creation and increase America’s global competitiveness by helping immigrant entrepreneurs secure visas to the United State has been reintroduced before Congress. This legislation, the StartUp Visa Act of 2011, is designed to allow an immigrant entrepreneur to receive a two year visa if he or she can show that a qualified U.S. investor is willing to invest in the immigrant’s startup venture.

“We want to establish a way for the smartest and most entrepreneurial individuals in the world to come to the United States and create jobs. Many are already studying at our great universities, said Senator Richard Lugar (R-Ind.), co-sponsor of the legislation. “Helping them stay to invest in their ideas and create jobs benefits all Americans.”

To learn more about The StartUp Visa Act, visit here.