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President Obama Supports Visas for Job-Creating Foreign Entrepreneurs

Yesterday at Facebook, President Obama had this to say about foreign entrepreneurs:

“If we’ve got smart people who want to come here and start businesses and are PhDs in math and science and computer science, why don’t we want them to say? I mean, why would we want to send them someplace else?

So those are potential job creators. Those are job generators. I think about somebody like an Andy Grove of Intel. We want more Andy Groves here in the United States. We don’t want them starting companies — we don’t want them starting Intel in China or starting it in France. We want them starting it here.

So there’s a lot that we can do for making sure that high-skilled immigrants who come here, study — we’ve paid for their college degrees, we’ve given them scholarships, we’ve given them this training — let’s make sure that if they want to reinvest and make their future here in America that they can.”

These ideals spoken of today by President Obama at Facebook are the ideals embodied in the Startup Visa Act of 2011. We want more startups that create more jobs to be located here in America, for the benefit of Americans.

Startups are the engine of job creation in America. The Kauffman Foundation shows that “new firms add an average of 3 million jobs in their first year, while older companies lose 1 million jobs annually.” The Startup Visa Act of 2011 will help create more jobs and expand the tax base by removing government roadblocks from letting American and foreign entrepreneurs come together to create more jobs for Americans.

“Every job-creating American business started as an idea in the mind of an entrepreneur.  We need to keep and bring more of those ideas to our shores where they can put Americans to work.  Global competition for talent and investment grows more intense daily and the United States must step up or be left behind,” according to Startup Visa bill lead sponsor Sen. Kerry (D-MA).

“We want to establish a way for the smartest and most entrepreneurial individuals in the world to come to the United States and create jobs. Many are already here studying at our great universities. Helping them stay to invest in their ideas and create jobs benefits all Americans,” adds lead cosponsor Sen. Lugar (R-IN).

Go to Votizen to add your voice to ours in supporting the Startup Visa Act of 2011:

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