ABSTRACT

Immigrant Entrepreneurs Can Drive Economic Growth in the Pandemic Recovery   [open pdf - 0B]

From the Executive Summary: "Immigrants are critical to U.S. economic success and innovation. Foreign-born entrepreneurs play a key role in the creation of U.S. venture capital-backed startups. Startups, in turn, are fundamental to U.S. job creation and have been responsible for virtually all net new jobs in the last couple of decades. Numerous immigrant-founded startups have also grown to become some of America's most successful companies, including Moderna, Tesla, and eBay. But the contributions of foreign-born entrepreneurs are despite U.S. immigration law, not because of it. Congress should create a Startup Visa to attract the world's best entrepreneurs to our shores to create American jobs. In addition, Congress should reform the H-1B visa program to fuel the growth of startups and encourage the Biden Administration to implement the International Entrepreneur Rule."

Publisher:
Date:
2021-03
Series:
Copyright:
2021 NVCA
Retrieved From:
NVCA: https://nvca.org/
Media Type:
application/pdf
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