Why America Trains Entrepreneurs, Then Pushes Them Out? New York Has a Solution

The US Dilemma: Training Global Entrepreneurs, Then Sending Them Away

Yuanchu "Andrew" Liu, a Syracuse University graduate, embodies a common challenge faced by international students in the US. Despite excelling in his studies and eager to establish his own business, he was forced to return to China after graduation due to restrictive immigration policies.

This scenario plays out every year, with thousands of international students leaving the US after graduation. An outdated federal immigration policy acts as a barrier, preventing these talented individuals from pursuing their entrepreneurial dreams in the country that nurtured their skills.

Liu's story is a stark reminder of the potential lost when the US trains and educates brilliant entrepreneurs only to watch them establish successful businesses abroad. Imagine the economic benefits, job creation, and tax revenue that could be generated if these individuals could freely pursue their ambitions within the US.

New York's Innovative Approach

Recognizing the issue, New York state is taking a proactive approach by proposing a new visa program specifically designed for international entrepreneurs. This program aims to attract and retain skilled individuals like Liu, fostering their entrepreneurial growth and benefiting the state's economy.

This initiative highlights the potential for states to act independently in tackling immigration challenges and attracting valuable talent. It's a step towards a more inclusive and dynamic ecosystem for entrepreneurship, benefitting both individuals and the economy.