In Mississippi, there is no doubt that immigrant entrepreneurs and innovators play an important role. Immigrant entrepreneurs bring in additional revenue, create jobs, and contribute significantly to the state’s economy. Highly skilled immigrants are vital to the state’s innovation industries and to the metropolitan areas within the state, helping to boost local economies. Furthermore, local government, business, and non-profit leaders recognize the importance of immigrants in their communities and support immigration through local “welcoming” and integration initiatives.
Immigrant entrepreneurs contribute to Mississippi’s economy.
- From 2006 to 2010, there were 4,534 new immigrant business owners in Mississippi, and in 2010, 4.2 percent of all business owners in Mississippi were foreign-born.
- In 2010, new immigrant business owners had total net business income of $181 million, which is 3.2 percent of all net business income in the state.
- In 1908, Russian immigrant Sam Stein founded Stein Mart in Greenville, Mississippi. Although the company is now headquartered in Jacksonville, Florida, it maintains a presence in 29 states with over 260 stores.
Highly skilled immigrants are vital to Mississippi’s innovation industries, which in turn helps lead American innovation and creates jobs.Read more...
Published On: Tue, Nov 26, 2013 | Download File