A step in the right direction - a proposed visa for startups
Posted by: Jeffrey Neu on Mar 15, 2011
We work with legislators around the country on various issues, and hope to encourage the modification of certain legislation. One bain of the technology world is the visa legislation (we won't get in to patent world in this post. Finally, a legislator has heard the cries of the techology industry and has proposed a variety of changes to visa qualifications.
Senators John Kerry (D-Mass.) and Richard Lugar (R-Ind.), the Chairman and Ranking Member of the Senate Foreign Relations Committee, along with Senator Mark Udall (D-Colo.), today reintroduced legislation to drive job creation and increase America’s global competiveness by helping immigrant entrepreneurs secure visas to the United States. Congresswoman Carolyn Maloney (D-N.Y.) plans to introduce companion legislation in the House.
The StartUp Visa Act of 2011 will 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. And in an expansion from the Kerry-Lugar StartUp Visa Act of 2010, the pool of eligible immigrants would now include holders of H-1B visas and entrepreneurs living outside the United States with a market presence in the country.
Check out the post from Kerry's blog here.
For those of you not aware, there is a push at the website www.startupvisa.com. Check it out to see how you can get involved.

