What would President Biden’s administration mean for the startup ecosystem in the U.S.?

Usually, when the administration is changed, you weigh in on what the new administration will mean for the business environment.

Here is why President Joe Biden’s administration would be better for the startup ecosystem in the U.S.?

➡️ President Biden signed a $2 trillion Environmental Plan that includes eliminating coal, oil, and natural gas as electricity sources by 2035.

➡️ President Biden set a goal of net-zero emissions by 2035. This will push for new innovations for alternative energy development, electric vehicles, and construction, which will likely benefit innovative startups.

➡️ President Biden is going to revise Trump Admin’s immigration rulings, increasing the number of high-skilled visas, including the H-1B, and eliminate the limit on employment-based visas by country. This brings new hopes to the tech community to bridge the talent gap.

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