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Ok cool, for others reading I found it: Substantial Investment is $250K of funding or $100K of grants (Just YC funding would not be enough to qualify on fundin
by philipkiely 5y ago
Ok cool, for others reading I found it:
Substantial Investment is $250K of funding or $100K of grants (Just YC funding would not be enough to qualify on funding)
The qualified investor must be a US person or entity who regularly makes this type of investment, has invested $600K in the past 5 years, and their investments have created 5 qualified jobs in the US. So it looks like most VCs and some larger angels would qualify.
Edit: source: https://www.uscis.gov/sites/default/files/document/forms/i-941instr.pdf https://www.uscis.gov/sites/default/files/document/forms/i-9...
- proberts 5y agoThanks for providing! I would recommend that everyone interested in the IEPP read the form instructions on the USCIS web site. The form is 941. While they do not answer every question, they do provide a lot of good and clear information about the requirements.