Erich Schwartzel

With more foreign-born students now returning to booming economies in countries such as China and India, technical communities hope a proposed bill will stop the brain drain they've suffering.

The bill, soon to be reintroduced in Congress, pitches a let's-make-a-deal plan for immigrant entrepreneurs: Want a green card? Start a company.

The StartUp Visa Act targets startup efforts across all sectors, but enthusiasm for the bill is especially acute in tech communities where foreign-born students want to stay and develop a company.