Ease-up on visa rules or you will lose talent
StartupAus board member Teresa Engelhard has warned DIBP that talent is more valuable than SIV investors and it needs to change its attitude and approach when dealing with such talent.
Her warning comes after officials from both the UK and the US rushed in to entice Chris Bailey and his nine-person team at Disrupt to setup his business there after Australia’s department of immigration recently threw-out the million dollar start-up entrepreneur for not picking fruit.
According to a report in The Australian Financial Review, Ms Engelhard, who once had a US$5 billion IPO to her name, has joined calls for the DIBP to be less combative and work with startups.
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