*Partially satisfying one or both of the above criteria in addition to other reliable and compelling evidence of the startup entity’s substantial potential for rapid growth and job creation.”
While the public has until October 10, 2016 to submit suggestions before a final rule is put in place, many in the tech industry are approve of such a proposal as a step in the right direction. Tim Ryan, co-founder of Startup San Diego, even advocates for less stringent requirements but thinks that even as is the rule should prevent “brain drain” of highly-educated international students back to their home countries. Bernhard Schroeder, director at San Diego State University’s Lavin Entrepreneurship Center, offers the caveat of making sure the rule does not allow unproductive workers to stay in the US but agrees that it could help the country economically if it helps companies flourish like it is intended. After the United States Citizenship and Immigration Services respond responds to public comments the final rule will not be put in place until approved by the Federal Registrar.