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.
Why There Are Not Enough STEM Workers in the U.S. Labor Market
Occasional research, such as a report released last week by the Economic Policy Institute, suggests the U.S. has a sufficient supply of science, technology, engineering, and mathematics (STEM) graduates and workers. However, these conclusions are at odds with a growing number of expert analyses that find the U.S. does in fact face significant challenges in meeting the growing needs of our expanding knowledge-based economy. Here is a sampling of the evidence: Read More
High-Skilled Immigration and Entrepreneurship in the Senate’s Immigration Bill
On the road to reform, the Senate’s Border Security, Economic Opportunity, and Immigration Modernization Act contains several changes and new provisions for skilled immigration and entrepreneurship. Specifically, the bill provides balanced reforms to the H-1B nonimmigrant visa for high-skilled individuals, various provisions for highly skilled individuals through permanent employment-based immigration, and a new INVEST visa for entrepreneurs. Read More
H-1B Visa Cap Reached in Five Days
U.S. Citizenship and Immigration Services (USCIS) announced on Friday, April 5, just five days after the H-1B high-skill “visa race” began, that they had received more applications than could be approved under the cap of 65,000 for fiscal year 2014. Additionally, USCIS stated they had received more than 20,000 H-1B petitions on behalf of individuals who are exempt from the cap. As such, USCIS will no longer be accepting additional H-1B petitions for fiscal year 2014. At this point, USCIS will use a random selection “lottery” process to allocate the 65,000 visas from the applications received through April 5. Read More
Small Business Owners Support Comprehensive Immigration Reform
Small business owners throughout the United States have a pulse on the goings on within their local communities. They recognize that immigrant workers and their families are also consumers, which helps to create additional jobs and bolster local economies. Within that context, two new polls highlight small business owners’ perspectives of immigration and its positive effects on the ground in communities. Overwhelmingly, the surveys show small business owners, regardless of political affiliation, support comprehensive immigration reform. Read More
Labor and Business Strike Immigration Deal on Worker Program
Over the weekend, the U.S. Chamber of Commerce and the AFL-CIO reached an agreement on a new type of immigrant worker program that has the potential to reshape the way temporary and permanent immigration visas contribute to American immigration policy. Although this is commonly referred to as future immigration flow, it should not be confused with other debates over increasing visas for high skilled workers or increasing employment based green cards. Instead, the agreement represents an attempt to reshape how business and labor will deal with the incredibly complex issues that are part of filling the demand for less-skilled labor in the United States. In the short term, it sets up a series of concepts that both sides would be willing to support in comprehensive immigration reform—but the Gang of Eight still has to convert those concepts into workable legislation. Read More
Facebook Founder “Likes” Comprehensive Immigration Reform
While immigration reform has long been important to Silicon Valley, for the most part the advocacy has focused on high tech issues such as expanded immigration for workers in science and technology fields and increased access to H-1B temporary visas. The breadth of support for more comprehensive reform, however, has been growing, as it becomes increasingly clear that issues like family-based immigration, enforcement, training the next generation of Americans for the next generation of jobs, and a pathway to citizenship for unauthorized immigrants are actually deeply connected. Read More
Supporting STEM Education Where It’s Most Needed
Geography is a topic often lost in national-level immigration policy and the ensuing conversations around comprehensive reform. We frequently hear statistics cited at the national level. However, all too often, data at the metropolitan and local level – where the challenges and opportunities of immigration policy play out – are overlooked in policy debates. Read More
The Sooner Immigrants Become Citizens, the Better it is for the Economy
As lawmakers negotiate the contours of an immigration reform bill, they should keep in mind that the granting of legal status to undocumented immigrants would be a boon for the U.S. economy—and allowing undocumented immigrants to eventually become U.S. citizens would be an even bigger boon. Such is the finding of a report from the Center for American Progress (CAP), entitled The Economic Effects of Granting Legal Status and Citizenship to Undocumented Immigrants. The report was authored by Robert Lynch, a Visiting Senior Fellow at CAP and the Everett E. Nuttle professor and chair of the Department of Economics at Washington College, and Patrick Oakford, a Research Assistant at CAP. The authors explain succinctly why legalized immigrants and newly minted U.S. citizens are so economically valuable: Read More
Why Regional Economies Need Immigration Reform
Comprehensive immigration reform and its array of issues is a hot topic of discussion these days at the national level. Yet while those in Washington continue crafting proposals, states are most impacted by the country’s current outdated immigration system and are making the economic and moral case for reform, as a recent Chicago Council on Global Affairs report highlights. Read More
The Promise and Challenges of Family-Based Immigration
Today the U.S. House Committee on the Judiciary is hosting a hearing on “The Separation of Nuclear Families under U.S. Immigration Law”. The issue to be addressed relates specifically to the obstacles that many legal permanent residents (LPR) currently living in the United States face when they try to bring their immediate relatives to the country. While there are neither country nor yearly caps for immediate relatives (currently defined as opposite-sex spouses and minor children) of U.S. citizens who want to immigrate to the United States, there are only 87,900 immigrant visas available each year for immediate relatives of LPRs. In addition, no country can receive more than 7 percent of the visas available for all immigration categories in a fiscal year. In 2012, for example, the maximum number of visas available per country was 47,250. And because the demand for visas in some countries is much larger than the number of visas available, some LPRs have to wait several years to be able to bring their spouses and unmarried children. Read More
America's story is an immigrant story.
