Entrepreneurship & Innovation
New American Fortune 500 Report Reveals Impact of Immigrant Entrepreneurship
The American Immigration Council released today a report that examines the role of immigrant entrepreneurs and their children in America’s economic success story. The report, “New American Fortune 500 in 2022: The Largest American Companies and Their Immigrant Roots,” found that 43.8%, or 219 companies, in this year’s Fortune 500 list were founded by immigrants or their children. Read More
New American Fortune 500 in 2022
Some of the largest and most recognizable American companies were founded by immigrants or the children of immigrants. Read More
The Economic Benefits of the Empire State Licensing Act
New research from the American Immigration Council, Economic Benefits of the Empire State Licensing: Immigrants in New York State’s Workforce, highlights the crucial role of immigrants and refugees in New York’s workforce, as well as the need to reduce barriers to professional and occupational licenses for all New York residents. Read More
The House Passes the America COMPETES Act, Including Immigration Reforms to Help the U.S. Economy
The House of Representatives passed an economic competitiveness bill on February 4 that includes several immigration provisions. The bill is called the ‘‘America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength Act of 2022’’—or the America COMPETES Act of 2022. This bill (which is more than… Read More
U.S. House Moves Immigration Reform in Bill Aimed at Increasing American Competitiveness and Helping Economy
The U.S. House of Representatives passed an economic competitiveness bill focused on advancing the United States’ innovation and global competitiveness, which also proposes reforms to U.S. immigration law to help attract and retain immigrant talent. Read More
Will Immigrant Investors and Regional Centers Benefit From Court Win or Has Time Run Out?
A recent court win that restored lower minimum investment amounts was good news for regional centers and immigrant investors in the EB-5 program. But the bad news is the EB-5 regional center program will end on June 30, because Congress did not extend it. While Congress may restore the program,… Read More
Another Trump Barrier Broken as DHS Withdraws Two Proposed Rules for Limiting Access to Legal Immigration
The Department of Homeland Security (DHS) recently withdrew two rules proposed by the Trump administration. On the surface, it seems they have nothing in common: a proposed expansion in collecting biometrics and the proposed end to a program for foreign entrepreneurs to develop new ventures in the United States. But… Read More
Coalition Letter to DHS Secretary Mayorkas Supporting the International Entrepreneur Rule
The American Immigration Council joined the National Venture Capital Association (NVCA) and other organizations in showing Secretary Mayorkas that there is strong support for the International Entrepreneur Rule (IER). The IER fills a gap by offering a short-term opportunity for highly-qualified foreign entrepreneurs to pursue new ventures “with substantial potential for rapid growth and job creation” in the United States. Read More
The Artificial Intelligence Industry Thrives on a Global Workforce
At a time when skills related to the burgeoning field of Artificial Intelligence (AI) are in very short supply, the U.S. government is making it harder to recruit highly trained professionals from abroad. According to a report from Georgetown University’s Center for Security and Emerging Technology, U.S. immigration policies… Read More
Immigrants and Their Children Founded Almost Half of All US Fortune 500 Companies
From the highest levels of corporate America to virtually every level of the labor force, immigration creates new jobs in the U.S. economy. The businesses founded by immigrant entrepreneurs directly employ all types of workers. Immigrant workers also support the jobs of other workers through the wages they spend and… Read More
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