ICYMI: Startup Act 2.0 endorsed by News Journal
The News Journal: In a Sunday editorial, the News Journal wrote about the importance of the Startup Act 2.0. Introduced last week by U.S. Senators Chris Coons (D-Del.), Marco Rubio (R-Fla.), Mark R. Warner (D-Va.), and Jerry Moran (R-Kan.), this legislation will help jumpstart the economy through the creation and growth of new businesses and jobs.
It is based upon research showing that for close to three decades, companies less than five years old have created almost all of the net new jobs in America, averaging about three million new jobs each year.
Sen. Chris Coons of Delaware was joined by fellow Democrat Mark Warner of Virginia and Republicans Jerry Moran of Kansas and Marco Rubio of Florida in proposing “Startup Act 2.0.” The “2.0” means it’s an updated version of an earlier Moran-Warner proposal.
Startup 2.0 would do several important and smart things. First, it would create “STEM visas” for foreign students to come here to earn graduate degrees in science and math. It also would create “entrepreneur visas” for legal immigrants who start businesses.
Click here to learn more about the bill.