Immigrants Outpacing the General Population in Owning Small Businesses: Study

Published: June 14, 2012

New York Daily News
June 14, 2012

They’re coming to America – and starting businesses.

Immigrant entrepreneurship is on the rise both in New York City and across the country, with immigrants owning a disproportionately large number of small businesses, according to a just released study from the Fiscal Policy Institute.

As of 2010, more than one in six small business owners in the U.S. were immigrants, the study found. And in New York City, nearly one half of entrepreneurs were born in foreign countries.

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