On February 24, 2010, Senators Kerry (D-MA) and Lugar (R-IN) introduced the "StartUp Visa Act of 2010." By helping immigrant entrepreneurs secure visas to the United States, the bill seeks to stimulate job creation and increase America's global competitiveness. The StartUp Visa Act of 2010 would create a new EB-6 category for immigrant entrepreneurs, drawing from existing visas under the EB-5 category.
"Global competition for talent and investment grows more intense daily and the United States must step up or be left behind," said Sen. Kerry. "Everywhere Dick Lugar and I travel for the Foreign Relations Committee, we see firsthand the entrepreneurial spirit driving the economies of our competitors. Creating a new magnet for innovations and innovators to come to the United States and create jobs here will offer our economy a double shot in the arm- robust job creation at home and reaffirmation that we're the world's best place to do business."
Over 160 venture capitalists from around America have endorsed the proposal, and the National Venture Capital Association, which represents over 400 venture captilalists, applauded the proposal.
"Global competition for talent and investment grows more intense daily and the United States must step up or be left behind," said Sen. Kerry. "Everywhere Dick Lugar and I travel for the Foreign Relations Committee, we see firsthand the entrepreneurial spirit driving the economies of our competitors. Creating a new magnet for innovations and innovators to come to the United States and create jobs here will offer our economy a double shot in the arm- robust job creation at home and reaffirmation that we're the world's best place to do business."
Over 160 venture capitalists from around America have endorsed the proposal, and the National Venture Capital Association, which represents over 400 venture captilalists, applauded the proposal.
