WASHINGTON, DC – Today, the White House Office of Science and Technology Policy announced their final version of their International Entrepreneurship Rule, which will allow the brightest entrepreneurs from across the globe to grow their companies and innovate in the U.S. to boost the American economy.

FWD.us President Todd Schulte released the following statement on the final rule:

"We applaud the White House’s announcement of the final International Entrepreneurship Rule, a vital effort to ensure that the best and the brightest foreign-born entrepreneurs can more easily grow the companies that will create American jobs here in the U.S. while expanding our economy. In the global race for talent, the IER will help encourage innovators to bring their skills, new ideas, and expertise to our nation, rather than putting their talents to work for our competitors abroad.

“We know that countless hours of work went into the release of this final rule, and we are grateful to the many individuals – both in the Obama Administration and the members of the tech and business communities who made their voices heard – who helped make today’s announcement possible. We’ll continue to work to find solutions to our badly broken and outdated immigration system so that the U.S. can remain a hub for job creators who want to grow the American economy.”