Skip to main content

Startup Visa : New Contents; Better Options

The new proposal called “Startup Visa Act of 2011” is a whole lot better than the current one and looks quite promising for aspiring entrepreneurs.

You can read the full text of the bill here.

Here is something that is most relevant to those who are already in US either working on H1B or just completed their studies:

Immigrant entrepreneurs currently living and working inside the U.S. on an unexpired H-1B visa; OR immigrant entrepreneurs currently in the U.S. who have completed a graduate level degree in science, technology, engineering, math, computer science, or other relevant academic discipline from an accredited United States college, university, or other institution of higher education would be eligible for a StartUp Visa if…
-    They demonstrate annual income of not less than roughly $30,000 or the possession of assets of not less than roughly $60,000; and
-    Have proven that a qualified U.S. investor agrees to financially back their entrepreneurial venture with a minimum investment of $20,000.
After two years, their business must have created 3 new jobs and raised not less than $100,000 in additional capital investment or generate not less than $100,000 in revenue.

Source : Startup Visa

Follow the discussion and voice your support at Startup Visa if you like the proposal.

Popular posts from this blog

You Are What You Think People Think About You

There are about 6.7 Billion people in this world that we know of.  Whether you believe in ‘Creation’ or ‘Evolution’, this human race started with a tiny number. It is quite amazing to see how fast it multiplies. What is more amazing is that every single individual in that 6 billion crowd is born ‘unique’.  Quite literally, you are born to be one in a billion, whether you believe it or not. “ This was the Introduction to my latest and last speech in Toast Masters club, ‘One in a Billion’ as part of International Speech contest. 
As much as I believe that each one of us can be that 'one in a billion' personality, I admit the reality as I perceive it and some times feel alone in that belief.
A famous quote says 'You are what you think'. It is also true that 'you are what you think people think about you'. If you think people think you are smart, then you act smart and become smart. If you think people think you are dumb, you will become dumb even if you are not, a…

Cooking looks like an unforgiving art

When you are writing software, you always get a second chance. In fact, lots of chances to get it correct. You have compiler warnings, failed test cases and some times crashes alert you that something is not right and will give you a chance to correct. And you get literally unlimited chances to apply those corrections. 
Well, cooking looks to be totally unforgiving in this respect and on any given day, you may get just one chance to get it right. If you fail, you fail. Try again right away if you have patience of starting it all over. Or start over some time later or next day. But not much of a second chance to correct a mistake. 
More ruthless, when it comes to salt. If you put just a little more, even a tiny little more, it never hesitate to show what it got. Totally ruthless. End result will be a failed dish that no one will be able (and/or happy) to eat. And most dishes, you may not be able to add something little more to offset it.

Little trick I learned the hard way, start on …

Just For Fun : India’s Super Computer

This is a T-shirt I bought almost 10 years ago that depicts the Lord Ganesha as India’s super computer. It was so much fun wearing it then as it used to grab everybody’s attention. And in my recent trip, I recovered it and wore again yesterday. It grabbed everybody’s attention as usual.Look at the mighty RAM he got. 256MB RAM.  Well it was quite a bit of RAM 10 years back. Thanks to Harish for taking a quick snap and sharing it. The iPhone he used got lot more power and memory than one the best computers of that time. That says it all.I guess, I should pull out all my T’s with messages and post it. May be myself and those around me that time could relive some of those wonderful moments.