Entrepreneur
Logistics Field ยท 2024-08-02
Proposed Endeavor
The petitioner proposes to use a jointly owned company to provide logistics services to U.S. companies and to export goods from the United States to Brazil. The endeavor aims to capitalize on increasing demand for logistics services.
Framework Evaluation
0 of 3 criteria metThe petitioner failed to demonstrate that the proposed endeavor had substantial merit and national importance, as the business plan's projections were speculative and lacked objective basis, and the national importance was not adequately tied to the specific endeavor.
Why This Petition Was Denied
Request for Evidence (RFE)
Unsuccessfully AddressedThe Director's decision noted the business plan was inadequate because it did not indicate how its projections for revenue, profits, and employment creation were calculated. The petitioner's appeal brief did not adequately address this methodology, and new evidence submitted on appeal was not considered.
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Case data sourced from publicly available petition decisions and case studies. Decision date: 2024-08-02.
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