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Administration Proposes Rules to Appeal to High Skilled Immigrants

With immigration reform proposals languishing in Congress, the Obama administration announced a new set of proposed rules to allow the spouses of H-1B visa holders to work in the United States. Under the proposed rules, H-1B visa holders -- highly skilled temporary immigrants working in advanced or technical "specialty" occupations -- must be in the pipeline for permanent-resident green cards in order for their spouses to qualify. However, the rules are only a small step toward what is needed to compete against countries with more open immigration policies -- like Chile, Canada, Italy and Australia -- that are actively marketing themselves to nascent entrepreneurs.

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Mark Marich
on May 12, 2014
Category:  Capitol Hill 
This Week in Entrepreneurship Policy

It promises to be a very quiet week on Capitol Hill. Members of the House are back in their home districts for a constituent work week and will return next Monday. Meanwhile, members of the Senate are in town but there isn't much on the radar in terms of relevant committee hearings.

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Mark Marich
on May 12, 2014
Category:  Capitol Hill 
A Look Back at Innovation Daily

Each day, Innovation Daily checks the pulse of global innovation--courtesy of Innovation America. Today we take a look at a handful of relevant stories compiled from the last week including a handful of countries that are blazing tech trails, Y Combinators status in the accelerator space, a new bill on crowdfunding, Baltimore's innovation ecosystem and why nonprofits are acting like startups.

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Mark Marich
on May 12, 2014
Category:  General 
A Way of Life in Medellín

Last month, an international selection committee picked Medellín, Colombia, to host the Global Entrepreneurship Congress in March 2016.  Ahead of my visit there later this week, it is easy to see why.  Medellín stands out not just as a city with an entrepreneurial mindset but as a place where new firm formation is a way of life.

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Jonathan Ortmans
on May 12, 2014
Category:  Global 
Entrepreneur-led Education of Tomorrow’s Risk-Takers
Those who know about entrepreneurship education in the United States know of Ewing Marion Kauffman. Kauffman was a philanthropist in Kansas City who sought to enable generations to create wealth, value and jobs by encouraging and preparing them to take the entrepreneurial path. Are entrepreneurs following his example? I note today the work of another entrepreneur, Dr. Ir. Ciputra, who is busy with a similar mission in Indonesia.

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Jonathan Ortmans
on May 05, 2014
Entrepreneurs Increasingly Confident About U.S. Economy
While members of Congress will be listening this week to Fed Chair Janet Yellen testify about the national economic outlook, they received an early glimpse last week with news that U.S. entrepreneurs' confidence continues to rise. The latest Kaufman/LegalZoom Startup Confidence Index showed that 91 percent of the nation's newest business owners were confident or very confident that their companies' profitability would increase in the next 12 months.

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Mark Marich
on May 05, 2014
Category:  General 
This Week in Entrepreneurship Policy

Federal Reserve Chair Janet Yellen makes a couple of appearances on Capitol Hill this week to talk about the state of the U.S. economy. Wall Street will be keeping an eye on Yellen's testimony to the Joint Economic Committee of Congress on Wednesday and Senate Budget Committee the following day. Meanwhile, the House is expected to vote on legislation -- the American Research and Competitiveness Act of 2014 -- that would make the research and development tax credit permanent.

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Mark Marich
on May 05, 2014
Category:  Capitol Hill 
A Look Back at Innovation Daily

Each day, Innovation Daily checks the pulse of global innovation--courtesy of Innovation America. Today we take a look at a handful of relevant stories compiled from the last week including the need to start and scale quickly, insights into the German entrepreneurial ecosystem, the rise of computer science and the best jobs of 2014 and the cities that provide them.

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Mark Marich
on May 05, 2014
Category:  General 
Kirk Named to Head EDA's Office of Innovation and Entrepreneurship
Julie Lenzer Kirk, an entrepreneur and author, has been appointed by Commerce Secretary Penny Pritzker to lead the Office of Innovation and Entrepreneurship within the Economic Development Administration. Kirk had been serving as the executive director of the Maryland Center for Entrepreneurship and was the co-founder of Startup Maryland.

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Mark Marich
on May 02, 2014
Category:  Capitol Hill 
Greeks Taking Charge of Their Economic Future

While classified as a high-income country by the OECD, youth unemployment rates in Greece persist at around 60 percent. Despite gains in economic freedom, major fiscal weaknesses remain. With more people finding it acceptable to start a business, Greek entrepreneurs are taking their economic transformation into their own hands with networks well beyond their borders.

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Jonathan Ortmans
on April 28, 2014
Category:  Global 

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