USA – Startup Visa Act for Foreign Entrepreneurs
What is it: A bill that is under consideration in the United States Senate. Once approved, it will allow foreign entrepreneurs with at least $100,000 of investment backing from an American investor; to receive a two-year visa. After two years in the United States, the entrepreneurs performance will be reviewed. The emphasis of the review will be on the number of new jobs created and capital secured. Status: The Startup Visa Act, is a bill that was first introduced in February, and has now been reintroduced to the U.S. Senate. We will keep you posted on developments with this legislation. Contact Us by following this link.
World Startup Capital ? Land of Entrepreneurs !
If ever, there was any dispute about which nation takes the gold in start-up creation, it may be put to rest now. United States had a whopping 565,000 new start-ups, EVERY MONTH in 2010. Other facts from the CNN release on the report from Kauffman Foundation:- The construction and service industries had the highest startup rates; manufacturing had the lowest.
- Immigrants were more likely to start businesses than the native born.
- The rate of new business creation is the highest in 15 years.