Helping deep tech founders build in strange shores

James L. Banal*

Edited by Bertrand J. Neyhouse

Perspective | Aug. 29 2022

*Email: james@cache-dna.com

DOI: 10.38105/spr.0tnwlcw5of

Highlights

Immigrant deep tech founders are important cogs in the U.S. innovation economy

The U.S. is at risk of losing innovative deep tech talent to countries that have less challenging immigration policies

Immigration policy reforms could help immigrants flourish and continue contributing to the U.S. economy

Article Summary

Immigrant deep tech founders have significantly contributed to the trillion-dollar U.S. economy. Yet, U.S. immigration policies for foreign-born founders remain challenging to navigate. The U.S. may lose to the global competition for deep tech talent in countries like Australia, Canada, Germany, and U.K. where access to entrepreneurship visas are easier to obtain. If the U.S. wants to continue leading the world in deep tech innovation, it can expand immigration policies for foreign-born entrepreneurs to make building startups here more attractive — not only to promote innovation but to support the U.S. economy.

Open Access

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James L. Banal

Cache DNA, Foster City, California 94404 USA