Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

DIANA RANSOM

Call it Christmas in August--at least for some founders. The White House today, just unveiled a new proposal aimed at encouraging high-potential immigrant entrepreneurs to start up in the U.S.

The proposal, dubbed the International Entrepreneur Rule, would be administered by the Department of Homeland Security and would affect only entrepreneurs who, among other criteria, have received funding from qualified U.S. investors or institutions. Still, the program could lead to an uptick in new business creation, which in the U.S., has been falling for years.