Thursday, May 19, 2011

"Google, eBay, Intel and Yahoo! All Had Founders Who Were Born Overseas"

The NY Daily News reports that Mayor Bloomberg met with the world-wide winners and finalists of a program that allows them to launch their businesses in New York City. In addition to $15,000 to $20,000, the winners also receive free office space for six months.

Meeting these foreign born individuals, Mayor Bloomberg stated his desire for immigration restrictions to be removed so that it would be easier for immigrants to begin business and ventures in New York. He stated that "we must continue to attract the best, brightest, and hardest-working to make sure the next great company is founded here." Mayor Bloomberg went on to say: "Talented entrepreneurs from across the globe entered this competition with the goal of getting help to establish their ventures in the City. We want them and other budding business leaders from around the world to start their ventures here, and one of the most important things we need to make that a reality is immigration reform. Without sensible changes to immigration laws, we risk missing out on the next big thing. That would be a big loss for our City's economy or our country's future."

The six finalist teams were from leading business and engineering schools in India, Singapore, France, the Czech Republic and Canada. This week is also Immigrant Heritage Week, which was established by the mayor in 2004 in New York. During this week, Mayor Bloomberg’s offices are working with StoryCorps to collect and share immigrant stories of how they arrived to New York.

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