Tag Archives: investments

1 in 3 Companies Constrained by Corruption

jim-kimBy Dr. JimYong KimM.D., Ph.D. is the President of the World Bank Group. Soon after he became president in July 2012, the organization established two goals: ending extreme poverty by 2030 and boosting shared prosperity for the bottom 40 percent of the population in developing countries. Kim’s career has been focused on health, education, and delivering services to the poor.

Approximately one in three companies around the world identify corruption as a major constraint to operating their business. We can and must do much more to combat corruption. It poses an enormous obstacle to the global goal of ending extreme poverty, denying resources to the poor and undermining the delivery of services to the vulnerable. 

Continue reading

White House Proposes a New Immigration Rule for Entrepreneurs

Lapowsky_IssieBy Issie Lapowsky.  A staff writer for WIRED, covering business, tech policy, and the 2016 election season.

THE OBAMA ADMINISTRATION is proposing a new rule to allow foreign startup founders who’ve raised money from American investors to come to the United States for two to five years, with the option to apply to stay longer once they’re here.

The so-called International Entrepreneur Rule, which will go into effect after a 45-day comment period, is a sort of workaround for President Obama, who has long wanted to create a “startup visa” that would pave the way for immigrant entrepreneurs looking to start businesses in the United States. But congressional gridlock has made new immigration legislation impossible, and several attempts to pass a startup visa died on the way to the President’s desk.

For the complete article go to       bit.ly/2bm3oPQ

Newly proposed rules for foreign entrepreneurs will help some, but not all, found U.S. startups

By John Mannes, Tech Crunch,

The U.S. Citizenship and Immigration Services, an office under the Department of Homeland Security, put forward a proposal today that would allow the U.S. Government to offer parole (temporary permission to be in the country) to foreign entrepreneurs starting their businesses in the United States. The proposal specifies that a founder can qualify if they started a company in the U.S. in the last three years and meet investor, founder, and company criteria.

For the entire report please go to  http://tcrn.ch/2bmw8Od