Trump’s immigration ban is terrible for entrepreneurs–Samia Bahsoun

Samia Bahsoun, EMBA ’17

From TechCrunch

Donald Trump’s executive orders targeting Muslims, immigrants and refugees are moves that pander to the dangerous forces of racism and xenophobia.

These bans will worsen a worldwide humanitarian crisis, isolate us from our friends and allies, and make us even more vulnerable to terror attacks. Moreover, if these foolish actions are enforced, it will result in dire consequences for the economic well-being of our country. Immigrants of all races, creeds and national origins form a vital part of America’s economy as workers, job creators, and entrepreneurs.

I’m an immigrant of Lebanese Muslim descent. I’m also a telecom infrastructure expert, entrepreneur, and the founder and CEO of Capwave Technologies, based out of Asbury Park, New Jersey. Before launching Capwave, I helped restructure and launch several telecom startups and served as a strategic adviser to Fortune 500 companies. I hold a graduate degree in electrical engineering, and am currently enrolled in MIT’s Executive MBA program.

As an immigrant and successful small business owner, I’m living the American dream.

Like many immigrants, I lost relatives to conflict and war, and I came to the United States to make a better life. My fellow immigrants and I form a key part of the deep talent pool that has helped grow America’s economy and transform it into the economic powerhouse that it is today.

We immigrants are twice as likely to start our own business and are nearly a third of all entrepreneurs in the United States today. About 25% of the engineering and technology companies started in the US between 2006-2012 have at least one key founder who was an immigrant. Just in the engineering and high-tech sectors, immigrant-founded firms employed some 560,000 workers and generated $63 billion in sales in 2012.

It’s no wonder that companies such as Apple and Google are in an uproar over this executive order. This shortsighted policy will deprive them of the best and brightest talent available.

Our success as a nation, and my success as an entrepreneur  would not have been possible without the generosity of Americans that came here before us and nurtured the spirit of inclusion and diversity that made this country a great nation.

Read the full post at TechCrunch.

Samia Bahsoun is a 2017 Executive MBA graduate of the MIT Sloan School of Management. 

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