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Comment by jabo | Hacker News Reader

  Consistent with university policy and applicable law, entrepreneurs in 
  the program will be free to work on their existing entrepreneurial ventures or 
  start a new company in one of the best entrepreneurial communities in the world.

Isn't the requirement for a H1B visa that the "non-immigrant alien" not work for any other company/institution other than the one that sponsored the visa? How does the program get around that?

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IANAL but as long as money does not change hands they should be in the clear. There is nothing stopping someone on an H1B doing a "hobby" and then pitch that "hobby" to investors to get seed money to form a startup. The investors would then have to sponsor their new H1B.

Full-time employment is also a requirement (and I believe 20h per week is not considered full-time in the visa context) so either they've found a way around the law or the USCIS is going to bust them.

I don't think full-time employment is a strict requirement of the H1B visa. It's just that most companies wouldn't go through the hassle of H1B sponsorship (and it's a huuuuge hassle for both the employer and the employee) for a part time employee.

I stand corrected, it's not a requirement per se, it's just a part-time H1B still has to meet the prevailing wage requirement, which is established for the full-time job.

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