Immigrant Entrepreneurs: Starting American Companies and Creating American Jobs
Immigrant Entrepreneurship Is Vital to the American Economy
Date: March 21, 2011
New businesses are the single best creators of new jobs, and – even with current visa impediments – immigrants are among the leading drivers in creating new businesses:
- In 2010, immigrants were more than twice as likely to start businesses each month as natives.
- From 1995 to 2005, immigrants helped found 25 percent of all high-tech companies, creating 450,000 jobs.
- Forty-percent of Fortune 500 companies were founded by immigrants or their children.