Several recent studies demonstrate that Indian American immigrant entrepreneurs play an increasingly important role in the economic growth in the United States. There is a renewed interest among policy makers in the StartUp Visa proposal the objective of which is to drive job creation by helping immigrant entrepreneurs secure visas to the United States. The new proposal will allow an immigrant entrepreneur to receive a two year visa if he or she can show that a qualified U.S. investor is willing to invest in the venture. However, the findings of our study show that there are several important gaps that need to be addressed to make the StartUp Visa proposal yield results.