Close X
Wednesday, December 4, 2024
ADVT 
International

Chicago Universities To Sponsor Entrepreneurs On H-1B Visas

Darpan News Desk, 16 Mar, 2017 12:07 PM
  • Chicago Universities To Sponsor Entrepreneurs On H-1B Visas
Chicago Mayor Rahm Emanuel has announced that five Chicago-based universities will launch the Global Entrepreneur-in-Residence (EIR) Program.
 
The universities -- Columbia College, DePaul University, the Illinois Institute of Technology, Loyola University and Northwestern University -- will work with the city of Chicago and sponsor between 10 to 20 visas for start-up founders in the first year of the programme, American Bazaar online reported on Thursday.
 
"We want entrepreneurs to see Chicago as a place where their ideas dreams their companies can happen," Mayor Emanuel said in a press conference on Wednesday. "I believe this initiative ... is saying yes to entrepreneurship, yes to diversity and most importantly, yes to the future of the city of Chicago."
 
The universities will sponsor entrepreneurs based on their company's growth. Early stage entrepreneurs will be employed part-time for the university and work separately on their companies, said the report.
 
 
 
The established start-ups will get a chance to make a home base at their sponsor university and mentor its students.
 
These application would likely be exempt from an annual cap on H-1B visas, which restricts spots to 65,000, with another 20,000 reserved for those with Master's degrees or higher. 
 
The universities will independently run the admissions and reviews, although the requirements and decisions would be unique.
 
Indian-American Shradha Agarwal, the co-founder of Chicago-based health information provider Outcome Health, also shared her experience as an aspiring immigrant entrepreneur during the news conference.
 
"The first year, I didn't get the visa ... Fortunately, the second time around, I did hit the lottery ... but it shouldn't be that way. It shouldn't be held to such uncertainty," Agarwal said.
 
Massachusetts also launched a similar programme in 2014, first at University of Massachusetts' Boston and Lowell campuses, and more recently at Babson College. 

MORE International ARTICLES

Manitoba Man Who Had Heart Attack Stuck With Big Bill For Treatment In U.S.

Manitoba Man Who Had Heart Attack Stuck With Big Bill For Treatment In U.S.
WINNIPEG — A Manitoba man who received emergency medical treatment south of the border is going to be stuck paying the hefty bill on his own.

Manitoba Man Who Had Heart Attack Stuck With Big Bill For Treatment In U.S.

Trump Blasts Australia PM Malcolm Turnbull Over Refugee Deal In 'Worst' Phone Call

Trump Blasts Australia PM Malcolm Turnbull Over Refugee Deal In 'Worst' Phone Call
US President Donald Trump has sparked a fresh diplomatic row -- this time with Australia -- by branding a refugee deal with the country as "dumb", days after holding a heated conversation with Prime Minister Malcolm Turnbull.

Trump Blasts Australia PM Malcolm Turnbull Over Refugee Deal In 'Worst' Phone Call

After Trump's Ban Orders, Hijab-Clad Woman Harassed In US, Asked For 'Green Card'

After Trump's Ban Orders, Hijab-Clad Woman Harassed In US, Asked For 'Green Card'
Asma Elhuni, 39, noticed the man, news outlets believe to be Rob Koehler, walk into Joe's Coffee Shop and start taking pictures of her as she worked on her laptop.

After Trump's Ban Orders, Hijab-Clad Woman Harassed In US, Asked For 'Green Card'

Quebec Court Certifies Class Action Lawsuit Against Air Canada On Ticket Glitch

The airline's website had offered a package of 10 flights within Western Canada for a total cost of $800 before taxes.

Quebec Court Certifies Class Action Lawsuit Against Air Canada On Ticket Glitch

Sushma Swaraj Assures Help To Student Admitted In Georgia Hospital

External Affairs Minister Sushma Swaraj today assured all possible help to an Indian student admitted in a hospital in Georgia.

Sushma Swaraj Assures Help To Student Admitted In Georgia Hospital

Iranian Boy, 5, Detained At US Airport For Hours. White House Feared 'Security Risk'

Iranian Boy, 5, Detained At US Airport For Hours. White House Feared 'Security Risk'
The little boy is reportedly a US citizen who lives with his mother in Maryland

Iranian Boy, 5, Detained At US Airport For Hours. White House Feared 'Security Risk'