In Maine, 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 significantly to Maine’s economy.
- From 2006 to 2010, there were 2,711 new immigrant business owners in Maine, and in 2010, 3.2 percent of all business owners in Maine were foreign-born.
- In 2010, new immigrant business owners had a total net business income of almost $120 million, which is 3.3 percent of all net business income in the state.
- Maine is home to many successful companies with at least one founder who was an immigrant or child of an immigrant, including well-known companies such as Fairchild Semiconductor International, which employ nearly s 8,000 people and produces more than $1.5 billion in revenue.
Highly skilled immigrants are vital to Maine’s innovation industries, which in turn helps lead American innovation and creates jobs.Read more...
Published On: Mon, Jul 15, 2013 | Download File