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The Engine Team
Startup News Digest 05/03/24

Ownership disclosure law creates burdens for startups

Startup News Digest 05/03/24
#StartupsEverywhere
Imani Webb
#StartupsEverywhere: San Antonio, Texas

José Padilla has an established track record of providing efficient, low-cost legal services. With LegalMente AI, he’s able to provide that same quality of work to those in need, including early-stage startups. We sat down with him to talk about what policymakers need to know about the uses of AI, how to keep the U.S. innovation ecosystem the most competitive globally, and his motivation to provide the most efficient work possible. 

#StartupsEverywhere: San Antonio, Texas
#StartupsEverywhere
Imani Webb
#StartupsEverywhere: Brooklyn, N.Y.

After overcoming childhood shyness in the warmth of his local Caribbean-owned barbershop, Royon Jeffrey knows the power of the beauty industry firsthand. He set out to create ListedB, an online marketplace for beauty industry professionals. We spoke to him about the financial opportunity within the industry, navigating capital access and investors, and his desire to empower small businesses owners.

#StartupsEverywhere: Brooklyn, N.Y.
Blog, @Engine, Tax & Trade
Nathan Lindfors
For startups’ sake, Congress needs to reorient ...

Foreign nations are saddling U.S. companies — including startups — with discriminatory burdens.

For startups’ sake, Congress needs to reorient U.S. trade agency
#StartupsEverywhere
Imani Webb
#StartupsEverywhere: New York, N.Y.

MegaMinds was created out of a need to make learning more creative, fun, and hands-on for students. In our conversation with Co-Founder and CEO Eric Tao, we learned about the growing popularity of immersive learning, the tricky regulatory landscape for a product like MegaMinds, and what it’s like for many first-time entrepreneurs to build businesses. 

#StartupsEverywhere: New York, N.Y.

startup visa

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DACA Decision Puts U.S. Startup Ecosystem at Risk

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DACA Decision Puts U.S. Startup Ecosystem at Risk

A ruling from a federal judge last week is disrupting an immigration program for individuals brought to the U.S. as minors, that entrepreneurs — among many others — have relied on in recent years. The ruling from a Texas district court found the Deferred Action for Childhood Arrivals (DACA) unlawful and blocks the administration from approving new applications. It is essential that policymakers implement a permanent solution, which includes a pathway to citizenship, for this community, because failing to do so can mean abandoning a critical source of U.S.-educated talent.

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U.S. Needs a Startup Visa for Innovation to Thrive

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U.S. Needs a Startup Visa for Innovation to Thrive

Countries around the world are attracting innovators and entrepreneurs with pro-startup immigration policies, and Congress is beginning to take notice. This week, the House Judiciary Committee held a hearing on international talent loss to U.S. competitors, including Canada. Though the U.S. is a target destination for immigrant entrepreneurs looking to launch startups, other nations with more favorable immigration policies — including startup visas and considerable investments in entrepreneurial infrastructure and R&D — are quickly becoming hotspots for international talent. If we are to remain competitive and at the forefront of innovation, it is essential that policymakers reform immigration law so entrepreneurs can have access to the opportunities and talent they need to launch and grow their businesses in the U.S. instead.

 

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