Namely, it can take a decade or more for highly trained workers or
immigrant entrepreneurs who create fast - growth companies and jobs to get long - term work status and citizenship.
As
an immigrant entrepreneur, I'm going to continue with business as usual.
In the coming decade,
immigrant entrepreneurs will continue to play a crucial role in the small business community.
The seminal research on immigrants and diversity in Silicon Valley was conducted by University of California - Berkeley professor AnnaLee Saxenian, who published a paper titled «Silicon Valley's New
Immigrant Entrepreneurs» in 1999.
As
an immigrant entrepreneur, I didn't grow up going to Disney World.
Immigrant entrepreneurs are the epitome of the American dream.
Despite their numbers,
immigrant entrepreneurs must navigate a sea of obstacles beyond the normal challenges that all small business owners face.
Amid reports of the damage brain drain inflicts on the economy, Senators John Kerry, Democrat of Massachusetts, and Richard Lugar, Republican of Indiana, Wednesday introduced the Start - up Visa Act, which would open up the U.S. to
immigrant entrepreneurs.
Meanwhile, Richard Herman, a Cleveland immigration lawyer and the author of Immigrant, Inc.: Why
Immigrant Entrepreneurs Are Driving the New Economy, claims nearly all of the net job creation in the past 20 years has come from companies less than five years old.
In a letter of support, they complained that «it is often impossible» for
immigrant entrepreneurs to get a visa to stay in the U.S. «Even in cases where the founders already have a visa of some sort, they typically can't use this visa to start a company.
After two years, if
the immigrant entrepreneur can create five or more jobs (hiring his or her children or spouse is not included), attract an additional $ 1 million in investment, or produce $ 1 million in revenue, he or she can become a legal resident.
Like many
immigrant entrepreneurs in the U.S., Henderson feels deeply troubled over the prospect of a Trump Administration.
«We're going to continue to push this administration, and frankly everyone in Washington to understand the merits of encouraging more, new company formation in the U.S., and to recognize the strong correlation between
immigrant entrepreneurs and successful companies.»
The White House today, just unveiled a new proposal aimed at encouraging high - potential
immigrant entrepreneurs to start up in the U.S.
Update: The Department of Homeland Security has officially enacted the rule, outlined below, which aims to ease the ability for
immigrant entrepreneurs to startup in the U.S..
Welcome to the so - called «Reverse Brain Drain,» whereby tens of thousands of U.S. - educated high - technology
immigrant entrepreneurs are fleeing the U.S. each year out of frustration with our overly burdensome immigration system.
Immigrant entrepreneurs are also uniquely qualified to create innovative business models that tap into the «hidden» needs of immigrant consumers in the U.S. Anurag Jain, a native of India and the co-founder of Prepay Nation in Berwyn, Pennsylvania, is a case in point.
Last year efforts to boost available green cards and create a new visa class for
immigrant entrepreneurs fizzled.
Helping
immigrant entrepreneurs become as successful as they can be is in the country's best interests.
Although many
immigrant entrepreneurs choose to cater to a community they are familiar with, «I think success comes when you try to go out of your comfort zone,» Jain says.
And so as I work toward that next step, I wanted to share some of my lessons learned with fellow
immigrant entrepreneurs:
Why 3.5 Million Students — and Salesforce Founder Marc Benioff — Love
This Immigrant Entrepreneur's Software
It also disqualified a number of people known as
immigrant entrepreneurs on the grounds that they had not technically founded their companies.
Clearly, as a populace we're ready for any idea that might improve the overall economic picture, and the folks at the Kauffmann Foundation think they have one: Getting members of Congress to get off their butts and pass a startup visa to help bring more
immigrant entrepreneurs into the country.
While washington struggles to set a policy for
immigrant entrepreneurs, other countries are snapping up talent from the United States.
He's
an immigrant entrepreneur.
«Many Republicans and Democrats support allowing
some immigrant entrepreneurs to grow their companies.»
Harvard and Duke University professor Vivek Wadwha,
himself an immigrant entrepreneur from India, warned in a Congressional hearing, «The U.S. is giving an unintentional gift to China and India by causing highly educated and skilled workers, frustrated by long waits for visas, to return home.»
None of these efforts are permanent fixes, but they at least offer
immigrant entrepreneurs some stability — which they couldn't find before.
The VC trade group has spent much of the last year working to preserve carried interest tax benefits and protect
immigrant entrepreneurs from deportation.
In fact, more than half of U.S. companies valued at over $ 1B were founded by
immigrant entrepreneurs.
But, she pointed out, most
immigrant entrepreneurs — Google's co-founder, Sergey Brin, included — come in on other visas.
Any one of these would help address the skills gap — the inability of willing employers to find workers with the right skills and qualifications — by enabling qualified, job - creating
immigrant entrepreneurs to open more U.S. businesses.
The survey did not ascertain the age or circumstances of
the immigrant entrepreneurs» arrival in the United States but found foreign - born founders generally to be «deeply rooted» in the United States, Hart said.
«Because [that research] concentrates on the region of the United States in which high - tech
immigrant entrepreneurs are most likely to be found, one can not generalize easily from it» to the rest of the country, Hart and Acs write in a paper titled «High - Technology Immigrant Entrepreneurship in the U.S.,» which is forthcoming in Economic Development Quarterly.
«New immigrants who aren't used to having credit cards tend to use it only for emergencies,» says Nick Noorani,
an immigrant entrepreneur who explains the «secrets of immigration success» in Canada through workshops.
«New immigrants who aren't used to having credit cards tend to use it only for emergencies,» says Nick Noorani, a Vancouver - based
immigrant entrepreneur who gives workshops on the secrets of immigrant success in Canada.
I am experienced working with
immigrant entrepreneurs, having assisted numerous entrepreneurs obtain the necessary visas to start and run their companies in the US.
This program seeks to recruit innovative
immigrant entrepreneurs who will create new jobs and spur economic growth in Canada.
Henry J. Chang's Canada - US Immigration Blog Citizenship and Immigration Canada Announces Start - up Visa Program On January 24, 2013, Citizenship, Immigration and Multiculturalism Minister Citizen Jason Kenney (the «Immigration Minister») announced that Citizenship and Immigration Canada («CIC») would launch a Start - Up Visa Program to recruit innovative
immigrant entrepreneurs who will create new jobs and spur economic growth.
Immigrant entrepreneurs have enhanced our economy and culture despite immigration law, rather than because of it — that has to change if we are going to grow our economy as President Trump hopes.
Key Highlights: • Honored with award «10 Detroit
Immigrant Entrepreneur» by Global Detroit.
Ghanaian Female
Immigrant Entrepreneurs in Canada: Experiences, Challenges, and Coping Strategies
Immigrant entrepreneurs tend to open a small business and then add properties over time.
Not exact matches
To find those traits, we polled a sampling of successful female founders at the event, from Wurwand to an 11 - year - old lemonade
entrepreneur who snagged a sweet offer on Shark Tank and an El Salvadoran -
immigrant - turned - millionaire - waste management mogul who «turns trash into treasure.»
According to the study, authored by Vivek Wadhwa, an Indian - American
entrepreneur and academic, who is currently vice president of academics and innovation at Singularity University, the proportion of
immigrant - founded companies across the country has fallen nearly 4 % in the past seven years.
As an Indian - born
immigrant and tech
entrepreneur myself, I have first - hand experience of some modes of thinking that, frankly, shocked me and rocked my belief in the Valley's story of its own openness.
ProsperUS does all of their work in the neighborhoods assisting
immigrant and minority
entrepreneurs.
Indeed, two of our
entrepreneurs in fact employ legal
immigrants.
The Start - up Visa came two years after the federal government shuttered the
Immigrant Investor and
Entrepreneur programs over concerns that rich foreigners were simply buying their way into the country.