The Big Story: LIKE Act provides hope for startup visas
A new bill in Congress would create more opportunities for foreign-born innovators and strengthen our diverse startup ecosystem. This week, Congresswoman Zoe Lofgren (D-Calif.), chair of the House Subcommittee on Immigration and Citizenship, introduced the Let Immigrants Kickstart Employment (LIKE) Act, legislation that would enable foreign-born innovators who meet certain investment benchmarks to embark on their entrepreneurial endeavors in the U.S., while also providing them with a pathway to permanent residency. A startup visa is more critical than ever, as other countries continue to attract founders through visas and investment in entrepreneurial infrastructure.