Attention Foreign National Entrepreneurs: Small Tech Companies Needed in the U.S.

Attention Foreign National Entrepreneurs:  Small Tech Companies Needed in the U.S.          

There are a number of potential opportunities in the U.S. for small technology companies, including start-ups established by foreign nationals.   Reported on http://www.nextgov.com/nextgov/ng_20100416_1532.php, and confirmed in that article by Alan Swendiman, former general counsel of the General Services Administration,  small businesses (even those established by foreign nationals)  in the U.S., are able to go after “set asides” (Federal contracts) reserved for small firms.  Foreign companies and foreign national entrepreneurs should find this encouraging and should be incentivized to establish U.S. start-ups, subsidiaries or branch offices.  

Currently, large companies submitting proposals for Federal projects must include a subcontracting plan using smaller subcontractors.  These plans must account for 40% of the total offer.  This is great news for small U.S. companies since large companies are constantly seeking the work of smaller subcontractors to meet this requirement.  This also allows small companies to take advantage of the Federal Recovery Act stimulus money available to Federal subcontractors.  Please note that in order to qualify for these subcontracts, the U.S. company must have been in business for at least two (2) years.

We encourage you to take advantage of these unique subcontracting opportunities by establishing a company in the U.S..  If you have any immigration questions regarding the establishment of your business within the U.S., please don’t hesitate to contact our immigration law firm.

Tags: entrepreneur, foreign national, immigration, start-up, technology, visa
Posted in Uncategorized | Read More »