In North Dakota, 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 North Dakota’s economy.
- From 2006 to 2010, there were 381 new immigrant business owners in North Dakota, and in 2010, 1 percent of all business owners in North Dakota were foreign-born.
- In 2010, new immigrant business owners had a total net business income of $20.6 million, which is 1 percent of all net business income in the state.
- North Dakota is home to successful companies with at least one founder who was an immigrant or child of an immigrant, including Hebron Brick Company. Founded by German immigrant Charles C. Weigel, the company employs over 50 people and brings in $2.5 million in revenue each year.
Highly skilled immigrants are vital to North Dakota’s innovation industries, which in turn helps lead American innovation and creates jobs.Read more...
Published On: Mon, Aug 19, 2013 | Download File