Twitter's Controversial Algorithm Changes: What They Mean for Your BusinessTwitter Vs. Facebook: Which One Is Better for Promoting Your Brand?3 Free Twitter Tools PR Pros Can't Live WithoutSocially Stephanie: Social Media for the Automotive Industry
Get Schooled by YouTubers: Content and Business StrategyHow to Build Your Brand on YouTube and Reach New CustomersThanks to Google, YouTube Is Now a Viable Channel in Any Social Media StrategyHow to Maximize Your YouTube Views and Subscribers [INFOGRAPHIC]
Technology & Data
New IBM Study Reveals 3 Key Characteristics of the Most Successful CompaniesTalking Strategy and Data with Shannon Lee of Precision StrategiesHarnessing Mobile Users: The Power of Big Data in Social AppsMinority Report: Confronting Privacy Issues in Big Data Gathering
- Tech & Innovation
- marketing automation
- Social Tools
- Small Business
- Social Organization
Recap from the First-Ever Employee Advocacy SummitFormer IBM Senior Advisors Launch Brands Rising to Build Employee Advocacy ProgramsPerformance and Risk Management Through Social Media TrainingEmployee Advocacy Summit: Advocate Stories from the Field
- Customer Service
Join us September 15th in Atlanta for The Employee Advocacy Summit and learn how to unleash the power of your employees.
Post your event here and we'll share it with our community. If one of our members is featured, we'll promote as well on their profile.
- Marketplace & Webinars
The SMT Marketplace
Your resource for exclusive content and insights from Social Media Today, and opportunities to reach our community of professionals.
The Social Business Book Club brings you books, discussions, and insights from today's to business thought leaders.
Join interactive talks and and panel discussions with leading thinkers and practitioners on social media and networked business, or browse the catalogue of recorded sessions - all completely free.
Reach Social Media Today's community of marketing and communications professionals in an editor-approved context with a native advertising package.
The Startup Visa's Appeal to Women
Posted on November 19th 2013
So why are the efforts to bring more startup founders to the US focused mostly on that stereotypical understanding of who is likely to found a startup? The Startup Visa plan calls for a law that provides a visa geared specifically towards entrepreneurs that will last two years, dependent on the entrerpeneur bringing in investment capital. In order to stay in the country after that two-year period ends, the entrepreneur needs to have created a certain number of jobs. The plan is good in concept, but it doesn’t consider the needs of entrepreneurs who aren’t easily able to pick up and move as someone fresh out of college with no family — entrepreneurs, by the way, who are more likely to keep their company in the U.S. if was established there initially.
Using the EB-5 Visa as a Basis
Currently, proponents of the Startup Visa want to base the new visa on the existing EB-5 visa for investors. The EB-5 Visa is meant for investors who wish to come to the U.S. and invest in businesses. The Startup Visa would essentially be a sub-category, sharing the allocation of the allocation of visas set aside for EB-5 applicants. There are some problems with this approach, which in turn lead to the constraints that the Startup Visa would face.
One of the big concerns is the pool of EB-5 visas available, which would be split between applicants for that visa class and for Startup Visas. There are 10,000 visas allocated — and that number has to include any dependents that come with the entrepreneur applying for the visa. Dependents include spouses (who must be legally married, not common law partners) and children (who must be both under the age of 21 and unmarried). There may not be enough visas actually available to make this a viable program for anyone who needs more than a visa just for herself.
The Startup Visa would also only offer conditional green cards, for two years, to visa holders. That means that a spouse can have difficulty getting a job and a child who wants to enroll in college may have to try to refile separately for a student visa at some point.
What Would a Fair Startup Visa Look Like?
At the very least, a discussion of the Startup Visa needs to address some of the concerns that go along with visas in general: how to make the visa program a practical option for someone who needs to bring her family with her?
There also needs to be a commitment from the investors who are interested in providing the money that entrepreneurs need to qualify for the Startup Visa. It’s going to be hard enough for startup founders to build the international connections to land that funding, but unless investors actively move past preconceived notions about who is likely to be a startup founder, it’s going to be doubly hard for anyone who isn’t a young man with a brand new computer science degree. There needs to be a commitment to look at women within international startup communities.
Originally posted in Huffington Post