The US Takes Steps to Improve the Economy by Focusing on Startups
23 Mar
Senators John Kerry, D-Mass., and Richard Lugar, R-Ind. are leading the way to ease immigration requirements for foreign entrepreneurs with their “Startup Visa” bill. There are many different requirements to qualify for the Startup Visa, but most importantly the foreign entrepreneur must directly create jobs for Americans. Essentially, what this is saying is that foreigner entrepreneurs will be allowed to come and work in the US if they have a direct and major impact on the US economy.
These visas will not effect the overall immigration quotas in the US, they will simply be using unused visas. Entrepreneurs, small businesses and startups are the way we are going to grow our economy to get out of this recession. The UK has already realized this and have passed a Startup Visa of their own recently. It is important to note that the crowd funding exemption we are talking about here at Startup Exemption is already allowed in the UK. If the US does not move fast we are going to get left behind while entrepreneurs, money, and jobs flow overseas to the UK and other more forward thinking countries.
Tags: crowd fund, crowd fund investing, crowdfunding, economic growth, entrepreneurs, startup visa, startups, venture capital
It is actually rare to find well-informed individuals with this topic, nevertheless, you be understood as you no doubt know exactly what you are preaching about! Many thanks
Weather some investors agree or not, technology, and I mean start up or Angel investing is still the most financially lucrative opportunity. A decade ago we divided opportunities on high risk (startup investing) and low risk (public stock) etc. Considering latests shifts in economy, or should I say market crashes, it became evident, at least to me, that there is no such thing as low risk investments. And choosing between two evils, it is obvious, again, at least to me, that with more or less equal level of risk it makes more sense to chose those investment opportunities that promise much higher return and emotional gratification – feeling that you actually make a difference. So, obviously all the stock chat is not sexy to me anymore and my vote is for Angel investment. And we deal every day with so many promising ideas – great mobile applications, cloud computing, new advertising platforms… web 2.0 is still super hot. What to wait for?