Immigrant Entrepreneurs: A StudyFri, 05/04/2012 - 12:37 — admin
May 3, 2012
Immigrants to the United States are more likely to found a business than native-born U.S. citizens, according to a report released today by the Small Business Administration.
The report analyzed data collected by the U.S. Census Bureau for the 2007 Survey of Business Owners and the 2010 Current Population Survey in order to better understand immigrant entrepreneurs’ access to financial capital. Included in the findings, there is more than one interesting gem. Below are a few we found particularly fascinating:
Immigrant business ownership:
- The business-ownership rate is higher for immigrants than nonmmigrants—10.5 percent of the immigrant workforce owns a business, compared with 9.3 percent of the nonimmigrant (i.e. U.S.-born) workforce.