The goal of the “Global Entrepreneur in Residence Program” is to allow more high-skilled international students to stay in Massachusetts upon graduation if they are growing or starting a business.
H-1B Visas Needed
Currently, international students’ visas expire when they graduate. In order to stay in the U.S. they must find an employer willing to sponsor their H-1B visa application. However, there are only a limited number of H-1B visas available each year and the application process is challenging for emerging entrepreneurs. Gov. Patrick asserts the U.S., and specifically Massachusetts, is losing valuable talent when these students are educated here then go to other countries to launch their businesses.