In New Jersey, foreign-born individuals like our 2013 winner Jay Kulkarni CEO of Theorem and 2014 winner Marion Casabona CEO of Tech Launch, have created more than one in three new businesses in recent years, ranking New Jersey behind only California, New York, and Florida. NJ companies started by immigrants generate an annual business income of $6.2 billion in New Jersey.
We believe that rather than send qualified foreign-born advance-degree graduates of U.S. colleges and universities back home to compete against U.S. businesses, Congress should encourage these individuals to stay in the United States by offering them permanent resident status. We can further buttress our competitive edge, by expanding the H-1B visa program, which makes available to U.S. businesses some of the world's most highly-trained professionals in fields across the business sector. What's more, a significant portion of H-1B filing fees fund education and training programs to enhance the skills of U.S. workers, particularly in the technology fields.
Submit your nominations at http://njieawards.org/wp/nominate/ here.