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New Policy Digest Makes Case for Startup Visa

The first in a new series of policy digests from the Kauffman Foundation highlights strategies for how a 'startup visa would allow immigrants to start businesses in the U.S. after satisfying certain funding, employment and other requirements. The Economic Case for Welcoming Immigrant Entrepreneurs features an analysis of possible economic contributions of one proposal currently before Congress and goes on to offer the following research-based strategies to maximize the benefits of any startup visa:

on April 07, 2014
Category:  Capitol Hill  Immigration 
The Next Chapter for America’s Entrepreneurial Growth Agenda

With the economy finally gaining steam after four years of a stop-and-start recovery, the Kauffman Foundation kicked off its “America's New Entrepreneurial Growth Initiative” at the fifth annual State of Entrepreneurship Address. The main output will be a New Entrepreneurial Growth Agenda by early 2016.

on February 24, 2014
Category:  Capitol Hill  Growth & Poverty  Immigration 
Can Our Governors Rescue Immigration Reform?

It has now been more than a year since the United States Congress restarted efforts to overhaul the nation’s immigration laws. Despite expected resistance from conservatives, the effort looked promising initially, with strong support from business, labor and President Obama. It was disappointing news for many when John Boehner, Speaker of the House of U.S. Representatives, conceded last week in a news conference that it is going to be politically difficult to move the overhaul forward this year.

on February 10, 2014
Category:  Capitol Hill  Immigration 
The Immigrant Exodus Book Available for Free Download

The Policy Dialogue on Entrepreneurship is pleased to share a free electronic copy of Vivek Wadhwa’s ebook, The Immigrant Exodus: Why America Is Losing the Global Race to Capture Entrepreneurial Talent. Wadhwa is an entrepreneur and academic who was been on the front lines of the immigration debate for the past few years and the book is a 2012 Economist Book of the Year.

on July 01, 2013
Category:  Global  Immigration 
Immigration and the Global Talent Search

Is the U.S. losing the global race for the best and brightest entrepreneurial talent? It depends who you ask, but the question is the main focal point of the latest program from America Abroad Media entitled ‘Immigration and the Global Talent Search’—part of a four-part series on American entrepreneurship in a global economy.

on May 13, 2013
Category:  Global  Immigration 
The Voters Have Spoken… On Immigration Reform

How often do you get more than 70% of self-professed conservative Republicans and liberal Democrats to agree? Apparently, when the topic is immigration reform and you ask about a proposal that includes “a pathway to citizenship, allowing more high-skilled workers and guest workers into the country, increasing border security and creating employer verification requirements.” Those are the core elements of the Gang of Eight proposal (S.744: Border Security, Economic Opportunity and Immigration Modernization Act) being pushed by a bi-partisan group of U.S. senators.

on May 06, 2013
Category:  Immigration 
Measuring the Impact of a Startup Visa

This week, President Obama will turn his focus from budget sequestration to immigration. A new Kauffman Foundation report released last week argues that making 75,000 Startup Visas available for current holders of H-1B and F-1 visas who start companies could create as much as 1.6 million U.S. jobs in the next 10 years. Will Washington act or, if they cannot agree, throw the baby out with the bath water?

on March 04, 2013
Category:  Immigration 
New Portal to Help Immigrant Entrepreneurs

Immigrants looking to start a firm and remain in the United States have a new tool at their disposal—a portal launched by the U.S. Citizenship and Immigration Service to help them navigate the process of registering for and securing visas to extend their stay in the country. Announced last week, Entrepreneur Pathways is more of a user-friendly guide to existing resources on the USCIS site than it is a stand-alone resource.

on December 03, 2012
Category:  Immigration 
Are We on the Verge of an Exodus of Immigrant Entrepreneurs?

The debate has been raging for a while now concerning immigrant entrepreneurs and what could or should be done to keep them--and the jobs they create through their startups--in the U.S. Startup visas and other policies to make it easier for them to stay and start new firms have been a part of numerous pieces of legislation on Capitol Hill.

on October 08, 2012
Category:  Immigration 
Washington’s Willingness to Send Job Creators Overseas

As elections approach and there is a lot of debate on which is the best road to a robust economy with more jobs, policymakers should take time to listen to the message of the just-released Kaufman Foundation videos on the benefits of high-skilled immigration. With Washington being unwilling to separate the obviously different issues of high-skilled immigration and how to handle illegal immigrants, a net job gain strategy remains hostage to politics as usual in the nation’s capitol.

on July 16, 2012
Category:  Capitol Hill  Immigration 
Immigrant Entrepreneurs Are People Too
As the Kauffman Foundation, the Partnership for a New American Economy and many others have repeatedly shown, immigrants make great entrepreneurs. We know that 40 percent of 2010's Fortune 500 companies were founded by new Americans. Immigrants start firms at rates much higher than natives. [More]
on July 11, 2012
Category:  Immigration  Global 
Legislation Aimed at Retaining High-Tech Immigrants

A new piece of legislation introduced by Senator Lamar Alexander (R-TN) and Senator Chris Coons (D-DE) aims to stem the tide of high-tech immigrants returning to their home countries immediately after they finish their studies. The Sustaining Our Most Advanced Researchers and Technology (SMART) Jobs Act of 2012 allows foreign-born, American-educated holders of masters and doctoral degrees in science, technology, engineering and math (STEM) fields to remain in the United States to work and create jobs.

on May 21, 2012
Category:  Immigration 

Diasporans are natural bridges between cultures and systems, but their diplomatic and developmental potential remains largely untapped. During Global Entrepreneurship Week in Washington DC, the U.S. Department of State, the Inter-American Development Bank (IDB), the Kauffman Foundation and Univision Networks hosted Unleashing IdEA to develop ideas for harnessing the entrepreneurial spirit of diaspora communities.

on November 21, 2011
Category:  Global  Immigration 
Roadblocks to Startup Success

Each day, Innovation Daily checks the pulse of global innovation-- courtesy of Innovation America and its founder, Rich Bendis. Here, we take a look at a handful of relevant stories it compiled last week: Financial Reform Legislation Gives Angel Investors a Break (from Small Business Trends) Venture-Capital...

on July 21, 2010
Category:  General  Immigration 
A 16 Point Gameplan for the U.S. Economy

Inc. Magazine has just released an article that serves as “a game plan to help revitalize the American economy.” The article is called Revitalizing the American Dream, and details 16 steps for how to promote entrepreneurial optimism and create jobs. Inc. underlined the importance of startups by echoing a recent...

on July 08, 2010
Category:  Education  Immigration  Tax Code  Technology Transfer 
Is the U.S. Turning Away Entrepreneurs?
ABCNews has an interesting article, 'Shooting Itself in the Foot': Is U.S. Turning Away Entrepreneurs?, describing the growing movement in favor of new immigration policy specifically for skilled foreign workers as immigration reform becomes a future hot button issue. Supporters like Microsoft founder Bill Gates who... [More]
on April 22, 2010
Category:  Immigration 
Qualifying for the Startup Visa
In a Wall Street Journal opinion piece, Kauffman Foundation economist Robert E. Litan argues the "Startup Visa Act" introduced recently by Senators John Kerry (D., Mass.) and Richard Lugar (R., Ind.) should be broader to fully capture the job-creation potential of immigrant entrepreneurs.  In particular,... [More]
on March 16, 2010
Category:  Immigration 
Job Generating High-Growth Firms
According to a new Kauffman Foundation study, High-Growth Firms and the Future of the American Economy, high-growth firms account for a disproportionate share of job creation despite their relatively small numbers. More specifically, the study showed, that so-called “gazelle” firms (ages three to five) comprise... [More]
on March 10, 2010
Category:  General  Immigration  Technology Transfer 
Rockstar Entrepreneurs in DC to Push for a StartUp Visa
More than a dozen rockstar entrepreneurs and startup financiers have decided it was time to visit Washington, DC. They have taken three days of their busy schedules this week to push for the passage StartUp Visa Act of 2010, a bill that would make it... [More]
on March 08, 2010
Category:  Immigration 
Senators Introduce "Start-Up Visa" Legislation
On Wednesday, February 24, 2010, Senators John Kerry, D-Mass., and Richard Lugar, R-Ind., introduced legislation to drive job creation and increase America's global competitiveness by helping immigrant entrepreneurs obtain visas to the U.S. The “StartUp Visa Act of 2010” would allow an immigrant entrepreneur to receive... [More]
on February 25, 2010
Category:  Capitol Hill  Immigration 
Real Support for Entrepreneurs: What Are We Waiting For?
So we know that entrepreneurs are the primary engines of job creation in the United States. Research study after research study has confirmed that it is young firms that drive improvements in the employment situation. From 1980–2005, firms less than five years old accounted for all... [More]
on January 25, 2010
Category:  Education  General  Immigration  Red Tape  Tax Code  Technology Transfer 
The State of Start-ups
When President Obama will deliver his first State of the Union address is still unclear. However, with 80 percent of the population believing that new economic growth and jobs will come from entrepreneurs, discussion around what his address should include in terms of policies that... [More]
on January 18, 2010
Category:  Capitol Hill  Global  Health Care  Immigration  Tax Code 
A Job Creator's Visa
The idea of an entrepreneur’s or start-up visa that grants high-skilled immigrants the right to stay if they start job-generating businesses is gaining traction. Last Wednesday, a Wall Street Journal article laid out the case for it and the next day it was discussed both at a meeting... [More]
on December 07, 2009
Category:  Immigration 
An Emerging National Innovation Strategy
While President Obama has said a lot of the right things about innovation and entrepreneurship, a number have pointed to a disconnect between those words and the actions and policies emerging from the Administration. Earlier today, the president again addressed the topic from Hudson Valley... [More]
on September 21, 2009
Category:  Capitol Hill  Education  Energy  Environment  Health Care  Immigration  Intellectual Property  Physical Infrastructure  Red Tape  Technology Transfer  Workforce 
The Building Blocks of Innovation
PDE staff attended today a briefing on education and immigration hosted by the Council for American Medical Innovation. Our report of the event follows:At a Capitol Hill briefing titled "Education & Immigration: Building Blocks of Innovation," the Council for American Medical Innovation President Debra Lappin... [More]
on September 10, 2009
Category:  Education  Immigration 
Entrepreneurs As a Solution to Policy Challenges
In the past few months, we have highlighted through articles and factsheets how public policy can make the path easier for entrepreneurship and innovation. With the Policy Dialogue on Entrepreneurship, we hope to emphasize not only how policies can foster entrepreneurs, but also how entrepreneurship can directly be part of... [More]
on September 07, 2009
Category:  Capitol Hill  Education  Energy  Environment  General  Global  Health Care  Immigration  Intellectual Property  Liability Litigation  Physical Infrastructure  Red Tape  Tax Code  Technology Transfer  Workforce 
In the National Interest: High-Skill Immigration Reform
Before the August congressional recess, key Senators anticipated thatan immigration reform bill will be ready for the Senate to considerthis fall. Given that congressional action on immigration could startsoon, it is time again to highlight why the U.S. needs a smartimmigration reform that considers high-skilled immigrants’ contributions... [More]
on August 31, 2009
Category:  Immigration 
Immigrants a Plus for the Economy
Immigrants create more jobs than they take. That is the take home message appearing in a recent issue of Newsweek from the following 'Smart List' item: Lou Dobbs, take note: immigrants are good for our economy. The most skilled create jobs in technology and engineering,... [More]
on August 24, 2009
Category:  Immigration 
What Accounts for the Overproportion of Immigrant Entrepreneurs?
Another news article has highlighted the overproportion of entrepreneurs in places like Silicon Valley: over half (52.4 percent) of the startups contributing to innovation and wealth creation in that region have at least one immigrant founder. This New York Times article asks “Why this overproportion?”... [More]
on May 21, 2009
Category:  Immigration 
Reality Check: Scarce Talent
The $787 billion economic stimulus package includes largeinvestments in innovation in areas such as energy, health IT, andbroadband. Developing these new technologies will be scientists andengineers, but here’s a reality check: we don’t have enough of them.Although increasing the number of U.S. scientists and engineers... [More]
on March 30, 2009
Category:  Global  Immigration  Workforce 
Next PDE Briefing to Address Immigration & Innovation
The next PDE briefing on Capitol Hill will look at the much-discussed and debated issue of what to do about foreign talent as we try to jumpstart the economy. Innovation, Immigration & the Knowledge Economy is scheduled for Monday, April 6 from 11:15 am -... [More]
on March 22, 2009
Category:  Capitol Hill  Immigration 
Nordic Innovation Monitor
Over the past decade, the Nordic nations have emerged with some of the world’s most innovative and competitive economies. According to the Nordic Council of Ministers’ latest Nordic Innovation Monitor, the current economic crisis may offer an opportunity to help accelerate innovation in the region.Clearly,... [More]
on March 16, 2009
Category:  Global  Immigration  Technology Transfer 
A Sobering Look at American Competitiveness
America’s competitiveness challenges are not simply an outgrowth of the current economic crisis. Instead, they are the culmination of decades without a coherent national innovation strategy. That’s the primary message of a new Information Technology and Innovation Foundation (ITIF) report that benchmarks American innovation performance... [More]
on March 02, 2009
Category:  Global  Immigration  Intellectual Property  Technology Transfer 

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