On July 17th, 2017, the Department of Homeland Security (DHS) will enforce new, flexible regulation placing immigrants in a promising position to expand their commercial pursuits and showcase a diverse entrée of talent. Like recent developments in National Interest Waivers, changes in DHS policy address benefits afforded to the United States as foreign heads of start-up companies expand their services, refine and invent more signature products, and ultimately bolster U.S. prosperity as capital expenditures rise and new jobs materialize.
The benefits start-up companies offer are tremendous, and deserve favorable consideration concerning booms in employment. Each year sees the birth of approximately 500,000 businesses. Unlike larger, longstanding corporations that take a low-risk approach to capital investment, start-ups devote their resources and expertise into groundbreaking technologies and business strategy, often yielding new products and versatile services that catalyze competition and ultimately, economic growth. By welcoming immigrant start-up founders and facilitating their commercial expansion, new immigration policy not only eases socioeconomic mobility for immigrants, but also holds long-term national interests in high regard. Continue reading Acknowledging The Promise of Global Entrepreneurship – New Law Addresses Immigrant Start-Up Founders