Amendment #1462 to H4600

Entrepreneur-in-Residence Program

Mr. Rogers of Cambridge moves to amend the bill in section 2, by inserting after item 7002-1502, the following item:

“7002-XXXX        For an entrepreneur-in-residence program to be administered by the Massachusetts Technology Development Corporation, doing business as MassVentures, to encourage the part-time employment by institutions of higher education or their nonprofit affiliates of entrepreneurs who are not citizens of the United States, and who desire to move to or remain in the commonwealth on a nonimmigrant status following a period of study for a masters or doctorate degree in the sciences, technological fields, engineering, mathematics, accounting, finance, economics, business or business administration; provided, that the program shall support entrepreneurs who have established, or who have the skills and demonstrate the intention to create, a new business venture in the commonwealth; and provided further, that the program shall support entrepreneurs and part-time employers who commit to apply for a nonimmigrant H1-B visa under § 101(a)(15)(h)(i)(b) of the federal Immigration and Nationality Act of 1965…….$220,000”