Read on Twitter
"If Miami launches a crusade to resurrect the [International Entrepreneur Rule] and succeeds, it could become the world’s premier magnet for Latin American & European entrepreneurs. It could happen." — @oppenheimera
True for Miami & other cities, too…
1/ https://www.miamiherald.com/news/local/news-columns-blogs/andres-oppenheimer/article249050560.html
True for Miami & other cities, too…
1/ https://www.miamiherald.com/news/local/news-columns-blogs/andres-oppenheimer/article249050560.html
The Int'l Entrepreneur Rule is a DHS regulation that's an administrative version of a "startup visa" (which Congress has yet to enact).
Up to 3 founders per startup can get permission for up to 5 years in the US, based on a few clear criteria...
2/ https://www.progressivepolicy.org/publication/long-live-the-international-entrepreneur-rule-an-opportunity-to-boost-jobs-and-economic-growth-is-hiding-in-plain-sight/
Up to 3 founders per startup can get permission for up to 5 years in the US, based on a few clear criteria...
2/ https://www.progressivepolicy.org/publication/long-live-the-international-entrepreneur-rule-an-opportunity-to-boost-jobs-and-economic-growth-is-hiding-in-plain-sight/
a) Raise at least $250k from an experienced US investor
b) Receive at least $100k from a federal, state, or local gov't agency (there are many econ dev orgs across the country that do this—see @ssti_org)
c) Show other evidence of future job growth
3/
https://ssti.org/ssti-members
b) Receive at least $100k from a federal, state, or local gov't agency (there are many econ dev orgs across the country that do this—see @ssti_org)
c) Show other evidence of future job growth
3/
https://ssti.org/ssti-members
There are at least 3 ways cities/regions like Miami could use a revitalized Int'l Entrepreneur Rule under the Biden admin to boost their economies.
1st, local investors specializing in recruiting high-potential startup founders.
@UnshackledVC does this successfully already.
4/
1st, local investors specializing in recruiting high-potential startup founders.
@UnshackledVC does this successfully already.
4/
2nd, any state & city with an economic development arm could attract int'l entrepreneurs by running a competitive funding program that awards at least $100k
This can happen now, without waiting for Congress to pass a "Heartland Visa" program as @InnovateEconomy has proposed.
5/
This can happen now, without waiting for Congress to pass a "Heartland Visa" program as @InnovateEconomy has proposed.
5/
3rd, universities could more confidently encourage int'l students to pursue entrepreneurship, currently seen as too risky by too many talented grads.
cc @PresImmAlliance @NAFSA @GlobalEIR
See @calebwatney @LK_Milliken & me for more, via @ppi:
6/6
https://www.progressivepolicy.org/pressrelease/opportunity-for-biden-administration-to-boost-jobs-and-economic-growth-is-hiding-in-plain-sight/
cc @PresImmAlliance @NAFSA @GlobalEIR
See @calebwatney @LK_Milliken & me for more, via @ppi:
6/6
https://www.progressivepolicy.org/pressrelease/opportunity-for-biden-administration-to-boost-jobs-and-economic-growth-is-hiding-in-plain-sight/
