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Have him apply to an MBA program that offers CPT courses and give him an "internship" position.

He would be able to do only part time CPT from the get go. This is capped at a max of 20 hours per week. Once 9 months have passed, he can do full time CPT of 40 hours.

Not true. Some colleges let you take full time CPT classes (3 credit) as part of their curriculum. However, if the total exceeds 1 year of full time work he will not be eligible for a year of CPT with no school after he graduates.

Where are you located?

From here: ( http://www.uscis.gov/ilink/docView/SLB/HTML/SLB/0-0-0-1/0-0-... ) Refer the paragraph:

"Practical training may be authorized to an F-1 student who has been lawfully enrolled on a full time basis, in a Service-approved college, university, conservatory, or seminary for one full academic year. "

I know for a fact that this is not true for an MBA student. Maybe it only applies for a bachelors.

Email me if you need specifics.

Edit: "a year of OPT" (after graduation).

That's not a bad idea. A student visa in general would at least delay the problem.

Would work for two years, by then, with funding and you as a co-founder he should lose a controlling stake and your startup would be able to get him an h1b.

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