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CEA's Shapiro Applauds Immigration Proposal

12/14/2011 11:29:34 AM Eastern
Arlington, Va. - Gary Shapiro, president/CEO of the Consumer Electronics Association (CEA) is applauding the introduction of strategic immigration legislation proposed in the U.S. Senate last week.

The legislation is called the Startup Act and is being sponsored by Sens. Jerry Moran (R-Kan.) and Mark Warner (D-Va.).

Shapiro said in a statement, "Strategic immigration has long been a key tenet of CEA's Innovation Movement, through which we promote innovation as a key national priority for America's economic success."

He added, "We applaud Sens. Moran and Warner for introducing the Startup Act, and in particular the provisions to create a STEM Visa for up to 50,000 immigrants per year who graduate from U.S. institutions with a Masters or Ph.D. in science, technology, engineering or mathematics (STEM); and to create an Entrepreneur's Visa for up to 75,000 immigrant entrepreneurs who register a business and employ at least two non-family member employees, and invest in their business within one year of obtaining the visa."

Shapiro asserted, "America can only remain strong if we are a magnet for the world's best and brightest. The bold strategic immigration proposals in the Startup Act will help get America's economy moving. As a country we must do more to support and foster innovation and entrepreneurialism, and the introduction of the Startup Act is an important step forward."
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