Gary Tan, CEO of Y Combinator—the world’s largest startup accelerator—was direct in his September 2025 assessment of Trump’s new H-1B visa policy: “This won’t bother big tech,” he told Fortune. “But it will kneecap startups.” For mid-market manufacturers and emerging tech companies, the math is unforgiving. The $100,000 fee, effective September 21, 2025, applies to every new H-1B petition filed by U.S. companies seeking to hire skilled foreign workers. For a startup hiring an engineer to lead product development, that’s $100,000 on top of existing visa fees ($1,700–$4,500) and salary commitments of $130,000–$180,000 annually. For a mid-market manufacturer hiring one

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