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.
Immigrants May Hold the Key to Urban Renewal in Baltimore
In an attempt to reverse decades of population decline, Baltimore Mayor Stephanie Rawlings-Blake has launched a high-profile effort to attract “new Americans” to the city. The theory is that these new Americans—that is, immigrants—will bring the skills, entrepreneurship, and tax base needed to revitalize blighted neighborhoods that are now full of boarded-up buildings rather than thriving businesses and family homes. The available evidence suggests that immigration can indeed be a powerful force for urban renewal. But most immigrants will not be drawn to a new city simply by a welcome sign. It is likely that they look for some signs of revitalization before they take the risk of uprooting their families and moving to a new place. Read More
Foreign Students Add Billions of Dollars to the U.S. Economy Each Year – And That’s Just the Beginning
Most people don’t think of foreign students as an economic resource, yet that is precisely what they are. Each year, students from other countries spend billions of dollars in the U.S. economy, pumping money not only into the colleges and universities they attend, but the surrounding businesses as well. In addition, many foreign students go on to become highly innovative scientists, engineers, and entrepreneurs who add value to the U.S. economy in myriad ways that are often difficult to quantify. Given the economic value of the education they receive in U.S. universities, it is unfortunate that so many foreign students are forced by our nonsensical immigration policies to return to their home countries rather than putting their knowledge to use in this country. Read More
The Business Plan for American Revival
Wall Street Journal November 13, 2012 Four years ago, it was said that the incoming Obama administration aspired to the dynamic that existed in Abraham Lincoln’s cabinet, where former competitors and antagonists came together to help the country through the Civil War. If Doris Kearns Goodwin’s “Team of Rivals”… Read More
Understanding the Important Symbolism of the Maryland DREAM Act Victory
While much of last week’s energy was focused on Latino voter turnout in the Presidential race— and the subsequent recognition that immigration reform was all but inevitable—there was another major victory for immigration policy that came out of Maryland. Voters in the state supported through referendum their legislature’s decision to provide in-state tuition to undocumented students. This was the first vote of its kind in the nation and one where African-American voters were an important voting bloc in support of the measure. Read More
Nativist Group Releases Hopelessly Flawed Report on Immigrants and Job Creation
By Patrick Oakford, Research Assistant for the Economic Policy Team at the Center for American Progress. Last week the Center for Immigration Studies (CIS) released a shocking report claiming that most new jobs created under President Obama have gone to immigrants. Aside from the sheer incorrectness of the claim, being founded on flawed methodologies, CIS perpetuates a hateful “us versus them” discourse at a time when we should be focused on creating more and longer-lasting jobs. Read More
Immigrant Entrepreneurs Open for Business
Des Moines Register November 3, 2012 Betty Garcia embraces the term “immigrant entrepreneur” as a badge of pride. She says her family hasn’t had it as easy as native-born Americans in turning Tortilleria Sonora, whose name hints at both the product and her family’s origins, into a successful business. Read More
What The Election Means To Silicon Valley
Silicon Beat November 3, 2012 Silicon Valley is and will continue to be the world’s epicenter of technology innovation and entrepreneurship. It’s very small but extremely diverse population of 2.9 million residents enjoy the second highest per capita income (only DC is slightly ahead) and highest educated people in… Read More
Enact Rational Immigration Policies
Omaha.com October 23, 2012 Few issues come as politically charged as immigration, but on the ground here in the Cornhusker State, we must consider immigrants through a different lens. Restaurants and food service are a $1.9 billion industry in Nebraska, one that depends on all 67,000 of its employees. Read More
Opinion: Skilled Immigrants Are Uptapped Assets for Regional Economic Development
National Journal October 17, 2012 What do Pittsburgh, Detroit, and Dayton, Ohio, have in common? Each of these cities has endured decades of shrinking population—and each has recently identified skilled immigrants as a vital component of a healthy economy. Their economic-development agendas recognize that attracting and retaining talented newcomers… Read More
Study Shows Immigration May Boost St. Louis Economy
St. Louis Public Radio October 17, 2012 A Saint Louis University economist thinks he has found a key to growth for St. Louis. Professor Jack Strauss presented his findings this afternoon from an economic study that shows a direct correlation between an increasing immigrant population and economic growth. The… Read More
America's story is an immigrant story.
