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.
Immigration Reform an Imperative for Cities and Metropolitan Areas
Metropolitan leaders from around the country made the case for immigration reform at an event hosted by the Brookings Institution’s Metropolitan Policy Program today. Over 80 percent of the U.S. population, including 95 percent of immigrants, now live in metropolitan areas; cities and towns across the country therefore have a huge stake in passing immigration reform. In fact, panelists agreed that comprehensive immigration reform is an imperative for metropolitan areas. “We need an immigration system that is keeping with the times,” stated Audrey Singer, a Senior Fellow with Brookings. Read More
Immigration Reform Fattens State Economies, Too
“Should the United States be pro-immigrant?” asked Tax Watchdog Grover Norquist. “That’s like asking whether McDonald’s should make hamburgers. It’s made the United States work for several hundred years. It’s what’s made us different, what’s made us more successful,” said Norquist during a recent call summarizing a new report from Regional Economic Models, Inc. (REMI) on the economics of immigration reform. Read More
Supreme Court’s DOMA Decision Good for Economic Competitiveness
In the global economy of the twenty-first century, a globally mobile workforce is critical to remaining competitive. Yet for LGBT employees, their families, and their employers, significant barriers remain in place. The Supreme Court’s June 26 decision in United States v. Windsor finding part of the Defense of Marriage Act (DOMA) unconstitutional has clear and direct benefits for married same-sex couples, including bi-national couples. But beyond the benefits to married couples themselves, the Court’s decision is also a win for economic competitiveness. Specifically, the DOMA ruling makes U.S. businesses more globally competitive because they now can attract and retain foreign-born employees who want to stay in the United States with their same-sex spouses. Read More
Local Welcoming Initiatives Help Build a Nation of Neighbors
While attention has been focused on federal immigration efforts these last few months, states and cities continue to encourage and promote immigration as well. From well-established programs like Welcoming America and its many state-level affiliates, Cities of Migration, the Building Resilient Regions research group, and the Center for the Study of Immigrant Integration, to new programs like the Welcoming Cities and Counties initiative, the impetus to invite immigrants into our communities continues to grow. Read More
Immigrants are Key Driver of U.S. Talent and Economic Competitiveness
U.S. workers in science, technology, engineering, and mathematics (STEM) fields have been important contributors to American innovation, job creation, rising incomes, and global economic competitiveness throughout the years. And not surprisingly, immigrants have played a critical role in American innovation through STEM fields and all parts of the U.S. economy. A new report by Gordon Hanson (University of California, San Diego) and Matthew Slaughter (Dartmouth) describes these important relationships between talent, economic competitiveness, and immigration in the United States. In their paper, the authors present data in support of three critical points: Read More
Immigrants Boost Economic Vitality through the Housing Market
Abundant research shows that immigration is a net benefit to the United States’ economy. It leads to higher wages, business formation, job creation, and greater innovation – nationally and locally. Foreign workers who immigrate to the U.S. help alleviate labor force gaps left by a workforce increasingly nearing and entering retirement age. Furthermore, immigrants help fulfill growing healthcare needs of an aging population. In addition to these positive benefits of immigration, the favorable effect immigrant home-buyers have on the housing market is another important economic impact. Indeed, new research from the Americas Society/Council of the Americas and the Partnership for a New American Economy describes how the 40 million immigrants residing in the United States added $3.7 trillion to housing wealth in the U.S. The research, prepared by Jacob Vigdor at Duke University, uses county-level data on population and housing from the U.S. Census Bureau and American Community Survey from 1970 to 2010. The results show that immigration led to a boost in home values, particularly in neighborhoods hit hardest by the U.S. housing bust. Read More
For Indian engineers, H-1B visa is key to career growth
Rama Lakshmi, The Washington Post BANGALORE, India — For the past three years, 32-year-old Jagadish Kumar has worked in India testing software systems before they are installed in slot machines in American casinos. Now the curly-haired, round-eyed Indian software engineer is weeks away from appearing for a U.S. Consulate visa… Read More
Intro: Entrepreneurship
Immigrants have consistently demonstrated a strong entrepreneurial spirit and propensity to create new businesses. For example, immigrants are more than twice as likely as native-born citizens to start new businesses, and 28 percent of all U.S. companies started in 2011 had immigrant founders – despite immigrants comprising roughly 13 percent of the… Read More
Immigrants and Their Children Fill Gaps Left by Aging American Workforce
Over the next two decades, as the baby boom generation continues entering retirement, we will experience the largest exodus from the workforce by any generational cohort in American history. This wave of retirees will create a labor force deficit among the millions of jobs baby boomers depart from on top of new job growth industries create. Amid this great demographic shift, immigrants and their children are poised to play a critical role in filling workforce gaps left by massive baby boom generation retirements over the next twenty years, as a new forward-looking report from the Center for American Progress describes. Read More
Tech firms launching ‘Keep Us Here’ project to build support for immigration bill
The Washington Post As the Senate begins debating a bipartisan immigration bill this week, a coalition of technology firms and larger special interest groups is launching a new way for people to directly contact lawmakers as the debate continues. Engine Advocacy, a coalition of tech firms including Google, Firefox and… Read More
America's story is an immigrant story.
