Posts Tagged ‘Startup Visa’

Progress On The Startup Visa Movement

Yesterday there was solid progress on the Startup Visa Movement – specifically making it easier for foreign entrepreneurs to start their companies in the US. The WSJ had a good summary article titled U.S. to Assist Immigrant Job Creators that discusses two formal communications from the Obama administration.

There are additional guidelines listed in detail at the following links.

I’ve been working on this issue since I wrote the post The Founders Visa Movement on 9/10/09 (all my posts can be seen in the category summary Startup Visa on my blog). A number of colleagues throughout the entrepreneurial community (entrepreneurs, angels, VCs) joined in on the effort as it became a formal grass-roots movement, resulting in several bills being drafted in Congress in 2010 and then 2011.

While I’ve learned a lot about politics, Congress, and how Washington works in the past two years, one thing that became painfully apparent to me was that Congress was completely stalled on anything related to immigration issues. While I’ve continued to view the Startup Visa as a jobs issue (we need more entrepreneurs in the US – anyone should be able to start a company here if they want to, and that creates jobs, which is good for our economy) that’s not how people in Washington see it (“visa” – that means “immigration”).

In parallel, a number of us have been talking to key people in the White House, including the amazing Aneesh Chopra, the White House CTO. Aneesh totally gets this issue as do a number of his colleagues in the White House and the Office of Science and Technology Policy and they’ve been working on non-legislative solutions that can be implemented with policy changes in USCIS. While the changes made yesterday don’t cover every case, they make a solid step in the right direction.

In the past six months, I’ve personally been involved in about ten cases of foreign entrepreneurs trying to get valid US visas so they could either start their company here or join a US-based company that they helped co-found. After being stymied for a variety of reasons, including extremely aggressive, negative, and inconsistent behavior at the border from U.S. Customs and Border Protection (CBP) officers, most of the folks I’ve been talking to and/or helping have been able to get visas. In all cases, they were willing to share their stories, in detail, with people on the White House staff, who I think have been extremely thoughtful and diligent about understanding what was going on, worked hard to figure out appropriate and legal solutions, and provided a constructive and empathetic ear to the very frustrated entrepreneurs.

I don’t feel comfortable naming names as most people are very concerned about confidentiality around immigration issues, but I’m proud of the efforts by many of these entrepreneurs. They didn’t give up, didn’t get angry even when they had plenty of reason to, and were willing to be very open with White House officials in trying to help figure out a more effective approach. I’m also very impressed with the folks at the White House and OSTP who I’ve been working with on this issue. The contrast between their efforts, thoroughness, and their “let’s solve the problem” vs. a “let’s be political” attitude is commendable.

There are plenty of additional things in the Startup Visa Movement that need to be addressed but I feel like we made some progress today. Thanks to everyone who has been involved – you are a force for good in the world.

August 3rd, 2011     Categories: Startup Visa     Tags:

Looking For Several Startup Visa Supporters in Texas, California, and Virginia

If you support the Startup Visa and are in the congressional district for Congressman Lamar Smith (TX-21), Darrell Issa (CA-49), or Bob Goodlatte (VA-6) I’d like to talk to you – please drop me an email.

April 15th, 2011     Categories: Startup Visa     Tags:

The Startup Visa Act of 2011

Today Senators Kerry (D-MA), Lugar (R-IN) and Udall (D-CO) unveiled the Startup Visa Act of 2011. This is an updated version of the Startup Visa bill from last year that is aimed at making it much easier for foreign entrepreneurs who want to start a company in the US to get a visa. Today, this process is incredibly difficult and has been stifling the creation of new companies and the corresponding job creation that these companies provide.

The Startup Visa Act of 2011 has several significant improvements over last years bill.

- Lowered, More Realistic Thresholds: The minimum investment has be lowered to $100,000. This is more in line with a larger number of startup companies.

- Broadened Qualifications to Include H-1B or Students with Advanced Degrees: Entrepreneurs already in the US on an unexpired H-1B or those who have completed a graduate level degree in science, technology, engineering, math, computer science are eligible to apply as long as they have either an annual income of $30,000 or assets of at least $60,000 and a qualified US investor has agreed to invest at least $20,000. This opens up the Startup Visa to students after they graduate, which is a huge thing.

- Entrepreneurs Who Want to Relocate: Entrepreneurs who’s companies are based outside the US can now relocate as long as their businesses have generated at least $100,000 in sales in the US.

I’m particularly excited about the broadened qualifications. I think every student that graduates with an advanced STEM or computer science degree should have a green card stapled to his or her diploma. It makes no sense to me that we’d make it difficult for the best and the brightest to stay in the US if they want. While this doesn’t go that far, at least it’s now easy for them to stay in the US and start a company if they want.

If you are a supporter of the Startup Visa, go to the Startup Visa web site and send a message to Congress about this right now!

March 14th, 2011     Categories: Startup Visa     Tags:

Starting-Up In America

If you’ve been following the Startup Visa, you may know that the bills that were submitted in both the House and the Senate expired at the end of the 2010 Congress. I’ve been on a number of calls lately discussing re-introducing these bills with updates to reflect the renewed understanding of the impact on high growth entrepreneurship on jobs in our country.

A few months ago several entrepreneurs took it upon themselves to create a great short (25 minute) documentary called Starting-Up In America. It is a set of interviews with foreign entrepreneurs in the US talking about why they chose to start their company here, the struggles they’ve had getting appropriate visas, and – in several cases – the severe limitations their visa status has placed on their businesses.

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Starting-Up in America from Starting-Up In America on Vimeo.

It’s been very difficult to get people to talk publicly about their experiences because of fear of retribution from the USCIS. I’m super proud of everyone involved in this documentary – both for putting the effort into making it as well as being brave about talking out about the issue.

March 1st, 2011     Categories: Startup Visa     Tags: , ,

Startup Visa Interviews at O’Reilly Gov 2.0

I spent the previous 36 hours in Washington DC, primarily at the O’Reilly Gov 2.0 conference.  I did a ten minute speech on the Startup Visa and a ten minute interview about entrepreneurship, innovation, and the Startup Visa.  The conference was well attended – about 700 or so folks – and I enjoyed a number of the talks that I sat through.

Following are the two segments – first my keynote and then the interview.


September 9th, 2010     Categories: Startup Visa     Tags: