TABLE OF CHANGES – INSTRUCTIONS
Form I-941, Application for Entrepreneur Parole
OMB Number: 1615-0136
08/03/2021
Reason for Revision: Project Phase:
Legend for Proposed Text:
Expires 04/30/2022 Edition Date 04/24/2019 |
Current Page Number and Section |
Current Text |
Proposed Text |
Pages 5-9, Evidence for Initial Entrepreneur Parole |
[Page 5]
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(1) The start-up entity has received a qualified investment, within 18 months immediately preceding the filing of your Form I-941, of at least $250,000 from one or more qualified investors;
(2) The start-up entity has received, within 18 months immediately preceding the filing of your Form I-941, an amount of $100,000 or more through one or more qualified government awards or grants; or
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(1) Received a substantial level of investment (although less than $250,000), or
(2) Received a substantial level of government funding (although less than $100,000).
[Page 6]
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(1) The individual or organization made investments in start-up entities in exchange for equity or convertible debt or other security convertible into equity commonly used in financing transactions within their respective industries comprising a total in such 5-year period of no less than $600,000; and
(2) Subsequent to such investment by such individual or organization, at least 2 such entities each created at least 5 qualified jobs or generated at least $500,000 in revenue with average annualized revenue growth of at least 20%.
[Page 8]
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(1) Made investments in other U.S. business entities in exchange for equity or convertible debt or other security convertible into equity commonly used in financing transactions within their respective industries comprising a total in such 5-year period of no less than $600,000; and
(2) Subsequent to such investment by such individual or organization, at least 2 such entities each created at least 5 qualified jobs or generated at least $500,000 in revenue with average annualized revenue growth of at least 20%.
[Page 10]
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A. Received at least $500,000 in qualifying investments, qualified government grants or awards, or a combination of such funding, during the initial parole period;
B. Created at least 5 qualified jobs with the start-up entity during the initial parole period; or
C. Reached at least $500,000 in annual revenue in the United States and averaged 20% in annual revenue growth during the initial parole period.
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[Page 5]
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(1) The start-up entity has received a qualified investment, within 18 months immediately preceding the filing of your Form I-941, of at least $264,147 from one or more qualified investors;
(2) The start-up entity has received, within 18 months immediately preceding the filing of your Form I-941, an amount of $105,659 or more through one or more qualified government awards or grants; or
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(1) Received a substantial level of investment (although less than $264,147), or
(2) Received a substantial level of government funding (although less than $105,659).
[Page 6]
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(1) The individual or organization made investments in start-up entities in exchange for equity or convertible debt or other security convertible into equity commonly used in financing transactions within their respective industries comprising a total in such 5-year period of no less than $633,952; and
(2) Subsequent to such investment by such individual or organization, at least 2 such entities each created at least 5 qualified jobs or generated at least $528,293 in revenue with average annualized revenue growth of at least 20%.
[Page 8]
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(1) Made investments in other U.S. business entities in exchange for equity or convertible debt or other security convertible into equity commonly used in financing transactions within their respective industries comprising a total in such 5-year period of no less than $633,952; and
(2) Subsequent to such investment by such individual or organization, at least 2 such entities each created at least 5 qualified jobs or generated at least $528,293 in revenue with average annualized revenue growth of at least 20%.
[Page 10]
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A. Received at least $528,293 in qualifying investments, qualified government grants or awards, or a combination of such funding, during the initial parole period;
B. Created at least 5 qualified jobs with the start-up entity during the initial parole period; or
C. Reached at least $528,293 in annual revenue in the United States and averaged 20% in annual revenue growth during the initial parole period.
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File Type | application/vnd.openxmlformats-officedocument.wordprocessingml.document |
Author | Carter, Pea Meng |
File Modified | 0000-00-00 |
File Created | 2021-10-04 |