Posts Tagged ‘Startup American Initiative’

President Obama Pursuing New Measures to Retain Highly Skilled Foreign Workers

February 3rd, 2012 No comments
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The President is deeply committed to fixing our broken immigration system so that it meets our 21st century national security and
economic needs. As a part of comprehensive immigration reform, the President supports legislative measures that would attract and
retain immigrants who create jobs and boost competitiveness here in the U.S., including creating a “Startup Visa,” strengthening the
H-1B program, and “stapling” green cards to the diplomas of certain foreign-born graduates in science, technology, engineering,
and math (STEM) fields. Together these actions would help attract new businesses and new investment to the U.S. and ensure that
the U.S. has the most skilled workforce in the world. In the meantime, the Obama Administration is working to make
improvements in the areas where we can make a difference.

As part of these ongoing efforts and in recognition of the one-year anniversary of the White House Startup America Initiative, the
Department of Homeland Security today announced a series of administrative reforms which will be completed in the future. These
reforms reflect the Administration’s continuing commitment to attracting and retaining highly-skilled immigrants. These efforts are
critical to continuing our economic recovery and encouraging job creation.

In last week’s State of the Union, President Obama noted that “Innovation is what America has always been about. Most new jobs
are created in start-ups and small businesses.” He also stated in his remarks in El Paso last May, “In recent years, a full 25 percent
of high-tech startups in the United States were founded by immigrants, leading to more than 200,000 jobs in America.” Echoing
this, the President’s Council on Jobs and Competitiveness stated in its recent report, “Highly skilled immigrants create jobs, they
don’t take jobs.”

For more detailed information on the proposals.

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