Skip to content

Immigrant entrepreneurs making a big impact

New report urges immigration reform to further improve business development among immigrants.

While many immigrants come to the United States so that they can earn a living and send money home to their families, the goods and services they produce improves the country’s economic function, a new report indicates. As a result, officials are calling on lawmakers to reform immigration laws so more immigrants will be motivated to enter the U.S.

According to the results of a report conducted by the U.S. Chamber of Commerce and the Immigration Policy Center of the American Immigration, immigrant entrepreneurs are a valuable asset that the country needs to better its financial well-being, based upon analysis of businesses started by immigrants. These jobs have led to the creation of millions of jobs for U.S. workers, and in so doing, have contributed to the country’s financial health.

“Regardless of one’s school of thought, there is very little disagreement among researchers and experts that immigrant entrepreneurship is a powerful and valuable asset to America’s economic future,” said Benjamin Johnson, executive director of the American Immigration Council. “There has been a lot of attention paid to the high tech, highly educated immigrant entrepreneur, this report reinforces that it is less about your degree or the product you produce, and far more about recognizing a need in your community and having the skills and commitment to bring a dream to life.”

Included among the reports findings are details about some of the country’s most successful businesses that were started by immigrants. For example, Sergey Brin of Google and Pierre Omidyar of eBay have helped millions of Americans find gainful employment since their respective organizations were established.

“The U.S. Small Business Association estimates that small businesses have generated 64 percent of the net new jobs over the past 15 years and credits immigrant businesses with a significant contribution to this job growth,” said Marcia Drew Hohn, director of the Public Education Institute at The Immigrant Learning Center and the report’s lead author.

Including immigrant entrepreneurs’ successes, the report also describes their challenges, many of which may be improved through comprehensive immigration reform.

The U.S. Chamber and IPC also offer several recommendations regarding how these changes can be implemented. This includes the Department of Homeland Security making it easier for immigrant entrepreneurs to start a business by cutting back on the amount of paperwork and documentation that’s required. The groups also say Congress should also develop a visa category that’s specifically for immigrant entrepreneurs. These would help immigrants establish residency more quickly so that they can get their businesses up and running.

Helpful links:

Immigrant Entrepreneurs: Creating Jobs and Strengthening the Economy

The Small Business Administration

Read more from Money Transfer
50 Comments
  1. “Think about the foot as a little block of clay,” Lohff said. “During the first 10 years of their life, their bones are molding and developing. They need the right level of support, but their feet still need to develop naturally.”

  2. Sep 23 2013

    Its such as you read my thoughts! You appear to know a lot
    about this, such as you wrote the e-book in it or something.
    I believe that you simply can do with some p.c.

    to drive the message home a little bit, but other than that,
    that is fantastic blog. A great read. I’ll definitely be back.

  3. Sep 23 2013

    Hello, I think your blog might be having browser compatibility issues. When I look at your website in Chrome, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other then that, wonderful blog!

  4. Sep 27 2013

    Immigrant entrepreneurs making a big impact | The Official Xoom.com Blog

  5. Sep 30 2013

    Incredible! This blog looks just like my old one! It’s on a entirely
    different topic but it has pretty much the
    same layout and design. Great choice of colors!

  6. Sep 30 2013

    This text is priceless. How can I find out more?

  7. Sep 30 2013

    I loved as much as you’ll receive carried out right here.
    The sketch is tasteful, your authored subject matter stylish.
    nonetheless, you command get bought an shakiness
    over that you wish be delivering the following.
    unwell unquestionably come more formerly again as exactly the same nearly a lot often inside case you shield this hike.

  8. It is a weird alchemy of what we put on our own shoulders with this stuff right? We are so concerned with what is worthy of our time and efforts, how we should be rewarded mentally (and financially) from work, how we want others to perceive us, etc. You make a really good point that if you take all the expectation out of what a job should provide you with, a lot of the stress of what we do and are can melt away.

  9. Oct 1 2013

    Hello there, I discovered your site by way of Google whilst looking for a comparable subject, your website came up, it seems to be good.
    I have bookmarked it in my google bookmarks.
    Hello there, simply was alert to your blog thru Google, and located
    that it’s truly informative. I am gonna be careful for brussels.

    I’ll appreciate in the event you continue this in future.

    Numerous other people might be benefited from your writing.
    Cheers!

  10. Oct 1 2013

    Today, I went to the beach with my kids. I found a sea shell and gave it
    to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear
    and screamed. There was a hermit crab inside and it pinched
    her ear. She never wants to go back! LoL I know this is entirely off topic but I had to tell someone!

  11. Oct 3 2013

    Right now it sounds like BlogEngine is the top blogging platform out
    there right now. (from what I’ve read) Is that what you are using on your blog?

  12. Oct 3 2013

    Thanks for one’s marvelous posting! I certainly enjoyed reading
    it, you might be a great author. I will ensure that I bookmark your blog and definitely will come back later in life.
    I want to encourage you continue your great job, have a nice
    morning!

  13. Oct 3 2013

    Hi there to every one, the contents existing at this website are in fact remarkable for
    people experience, well, keep up the nice work fellows.

  14. Oct 5 2013

    Greetings from Los angeles! I’m bored to death at work so I decided
    to browse your website on my iphone during lunch break.

    I enjoy the knowledge you present here and can’t
    wait to take a look when I get home. I’m amazed at
    how fast your blog loaded on my mobile .. I’m not even
    using WIFI, just 3G .. Anyhow, good site!

  15. Oct 6 2013

    Howdy! Do you use Twitter? I’d like to follow you if that would be ok.

    I’m undoubtedly enjoying your blog and look forward to new posts.

  16. Oct 6 2013

    Here is a good Blog You may Obtain Intriguing that we encourage you to visit.

  17. Oct 6 2013

    Hi i am kavin, its my first occasion to commenting anywhere, when i
    read this paragraph i thought i could also
    make comment due to this sensible post.

Trackbacks & Pingbacks

  1. www.ubergamez.com
  2. Joplin Missouri Private Detective
  3. Click on this page
  4. wsbifkatowice.net
  5. generalestate
  6. look younger
  7. smokeless cigarettes starter kit
  8. zoe kravitz divergent
  9. lavorare da casa
  10. http://www.jxxct.com
  11. best diet pills
  12. visit website
  13. v2 cigs best
  14. apostila bacen
  15. Carpet Pet Urine Removal
  16. tree removal atlanta - click here
  17. come lavorare da casa con internet
  18. floor decor roswell
  19. raspberry ketone reviews
  20. hcg ez drops reviews
  21. casino bad homburg
  22. additional info
  23. electric cigarettes starter kit
  24. UATWPtIzlf UATWPtIzlf
  25. site de rencontre gratuit en belge
  26. wedding dj
  27. universal 48v power supply
  28. e-cigarettes canada
  29. cheap car insurance
  30. http://ZaufanaStrona.org
  31. check this out
  32. album news
  33. check my blog

Comments are closed.