Entrepreneurship
Are immigrants more likely to start businesses?
Yes. Immigrants are more likely to become entrepreneurs than U.S.-born Americans. Immigrants play an outsized role in business creation and are a crucial part of the U.S. economy.Today, immigrants make up 23.6% of all entrepreneurs nationwide, even though they account for just 14.3% of the U.S. population.
Immigrant entrepreneurs start businesses ranging from neighborhood small shops to some of the largest and most successful companies in the country, including a significant portion of Fortune 500 businesses. They create jobs, generate income, and contribute to economic growth in communities across the United States.
What kind of businesses do immigrants start?
Immigrants start businesses across virtually every sector of the U.S. economy. They are particularly prominent in industries including accommodations and food services, construction, professional services, transportation, retail, and healthcare.For example, immigrants make up one-third of entrepreneurs in the accommodations and food services industry, as well as 26.6% of entrepreneurs in construction.
Immigrant entrepreneurs also start and build companies that grow far beyond the small-business stage. Some of America’s best-known corporations — such as Amazon, Apple, NVIDIA, and Levi Strauss & Co. — were founded by immigrants or their children.
How many people do immigrant-owned businesses employ?
Immigrant-owned businesses provide millions of jobs for American workers. The latest data shows the significant role immigrant-owned and immigrant-founded businesses play in job creation.The impact is especially visible among the country’s biggest and most valuable companies. In the 2025 Fortune 500, a total of 231 companies — nearly half of all Fortune 500 companies — were founded by immigrants or children of immigrants.
These companies include businesses founded directly by immigrants as well as companies founded by the children of immigrants. Of the 231 New American Fortune 500 companies in 2025, 109 were founded by immigrants and 122 were founded by children of immigrants.
Do immigrants create jobs?
Yes. Immigrant entrepreneurs are job creators. New businesses are a major source of job growth in the United States, and immigrants play a particularly important role in business creation.Our research shows that immigrant-founded businesses often grow into major employers and economic engines. Nearly half of the Fortune 500 companies were founded by immigrants or their children. Collectively, these companies employed more than 15.4 million people worldwide and generated $8.6 trillion in revenue in fiscal year 2024.
Immigrant entrepreneurship benefits more than the entrepreneurs themselves: immigrant-founded and immigrant-owned businesses create opportunities for workers, support local economies, and contribute to innovation and economic growth. They have been especially helpful as baby boomers retire, fueling growth in sectors that would have otherwise seen major declines.
How do immigrants contribute to America’s biggest companies?
Immigrants and their children have founded some of America's most influential companies — and their presence among the nation's largest businesses continues to grow.In 2025, 46.2% of Fortune 500 companies were founded by immigrants or their children, the highest share recorded by the Council since we began tracking immigrant-founded Fortune 500 companies in 2011.
Among the 14 companies appearing on the Fortune 500 for the first time in 2025, a total of 10 were founded by immigrants or their children. This included companies rising in the ranks of the Fortune 500, like Ace Hardware and Sirius XM Holdings.
Immigrant-founded and immigrant-descended companies are particularly prominent in major industries. They account for 80% of Fortune 500 companies in professional and other services, 65.6% in manufacturing, and 57.5% in information.
Why are immigrants more likely to become entrepreneurs?
There’s no single reason immigrants have higher rates of entrepreneurship. Starting a business can provide immigrants with an opportunity to use their skills in their new home, pursue economic mobility for themselves and their families, and serve needs in their communities.Immigrants also bring skills, knowledge, experiences, and connections from around the world. Their businesses range from local ventures to companies that operate on a global scale.
It’s worth noting, however, that the United States doesn’t have a dedicated visa specifically for immigrant entrepreneurs, despite relying heavily on their contributions. This gap can make it difficult for promising foreign entrepreneurs to establish and grow businesses in the United States — even when they have the resources and ideas to do so. Coupled with increasingly restrictive U.S. immigration policies, it has become even more difficult to drive international talent to this country.
Supporting immigrant entrepreneurs — and creating streamlined pathways that allow talented entrepreneurs to build and grow businesses in the United States — can help strengthen the U.S. economy, provide jobs to Americans, and build up local communities.
U.S. Must Confront Challenges of Attracting Global Innovation Talent
Across the United States, innovative industries in the science, technology, engineering, and mathematics (STEM) fields have driven economic growth and job creation nationally and in metropolitan areas throughout the country. And the human capital—the people who are leading these innovations—comes not only from homegrown talent but also from a global labor market and talent pool. The U.S. has a well-established innovation economy, similar to other developed nations. But certain challenges exist for countries to attract talent to fuel these industries. A new report from the Migration Policy Institute (MPI) describes the policy challenges related to attracting individuals from the global talent pool. The authors recognize human capital as “the one resource that can propel firms and economies to the top tier of competitiveness.” There have been undeniable increases in the supply and demand for skilled workers worldwide as more places continue to transition to knowledge-based economies with rising occupational skill requirements. As such, in addition to advances in OECD countries, the report notes that as developing countries continue to grow, and as their immigration policies “become less bureaucratic and cumbersome, a much greater choice of destinations will open up for the internationally mobile.” Read More
Labor Day Celebrations Should Also Pay Tribute to Immigrant Workers
Americans are observing Labor Day, which pays tribute to the many contributions and achievements of American workers. As celebrations are underway, the holiday offers an opportune moment to reflect on the very concept of American workers. In other words, who is an American worker? Where do immigrants—who contribute their talents and labor to the production of goods and services in the United States—fit into the picture? Read More
Immigrant Business Owners Continue to Contribute to Communities Across America
During the August recess, Members of Congress have been meeting with constituents in their home states and districts. During this time, many have likely dined at an immigrant-owned restaurant or used the services of an immigrant-owned business within their home state. The fact is, immigrant businesses are important in many communities across America. Immigrant entrepreneurs bring in additional revenue, create new jobs, and boost local and state economies. Indeed, immigrant entrepreneurs and innovators continue to make contributions throughout the U.S. Read More
Our Immigration System Must Encourage Foreign Entrepreneurs to Invest in the U.S.
Immigrants started 33 percent of U.S. venture-backed companies between 2006 and 2012 that went public, according to a new report from the National Venture Capital Association. The report, however, also noted that there is no reliable immigration program for foreign entrepreneurs, who must surmount enormous legal difficulties in order to come here to create businesses and drive innovation and job growth. Read More
Immigrant Entrepreneurs Help Build U.S. Economy One Company at a Time
Google, Intel, eBay, Yahoo!, Facebook, LinkedIn, SanDisk, Altera, Zoosk, Etsy, Tesla Motors. What characteristic does each of these well-known companies share? They each were either founded by an immigrant or have at least one immigrant founder. Now, a new report from the National Venture Capital Association highlights the profound impacts that immigrant entrepreneurs—like the immigrants who helped to found major U.S. corporations—have on our economy. Immigrant entrepreneurs start companies throughout America in many different industries, creating value and new jobs in the United States, and advancing U.S. innovation. Read More
Report: Immigration Bill Would Add Nearly 14,000 Jobs Per District
August 20, 2013 Jordan Fabian, ABC News The Senate’s immigration bill would add nearly 14,000 new jobs on average in each congressional district over the next decade, according to a new report. The new analysis is from the center-right American Action Network (AAN), which backs an overhaul of the… Read More
Immigration reform can let N.Y. benefit from world’s skills
Cornell University President David J. Skorton, Press Connects A growing number of Americans are coming around to an idea that the tech industry and other business groups have been promoting for quite a while: To fuel economic growth, especially in the tech sector, we need to make it easier for… Read More
Forging Consensus on Visa Program Critical to Crafting Effective Policy
A proposal being considered in the House revives the debate around the number of visas that would be allocated to less skilled workers, also known as “W” visas. In particular, Representatives Ted Poe of Texas and Raul Labrador of Idaho are working on an immigration bill that could double the number of visas of less skilled workers that the Senate settled on. Although the increased number could help address the labor shortage in some industries, this proposal would potentially cause a fracture in the consensus achieved between business and labor leaders who negotiated the levels that were included in S. 744. Ultimately, what is critical to success of a program depends on having the right players at the table ensuring both private and public interests are protected. Read More
Paul Ryan: Immigrants ‘Bring Labor to Our Economy So Jobs Can Get Done’
Nancy Cook, The National Journal July 25, 2013 In the past month, Rep. Paul Ryan, normally so focused on fiscal matters, has shifted his attention to immigration. He isn’t pitching reform as a humanitarian or budget-cutting move, though other advocates say it would be both. Instead, the House Budget Committee… Read More
How States And Local Economies Benefit From Immigrants
Detroit usurped Jefferson County, Alabama’s place last week as the largest municipality in the United States ever to file for bankruptcy. And as signs increasingly pointed toward the city’s financial issues, local leaders in Southeast Michigan have been exploring ways in which to stabilize or strengthen Detroit’s economy. One way to do that is to encourage more immigrants to settle there. New restaurants, shops, and residents already have helped to revitalize one area in Southwest Detroit called Mexicantown. And there is no doubt that immigrant entrepreneurs and innovators play an important role throughout Michigan as well. Immigrant entrepreneurs create jobs, bring in additional revenue, and contribute significantly to the state’s economy. Highly skilled immigrants are vital to the state’s innovation activities, spurring further growth. As such, local leaders and advocates recognize the importance of immigrants in their communities and support immigration through local “welcoming” and integration initiatives. Read More
America's story is an immigrant story.
