Economics of Immigration

In New Mexico, 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. Furthermore, highly skilled immigrants are vital to the state’s innovation industries, and to the metropolitan areas within the state, helping to boost local economies.

Immigrant entrepreneurs contribute significantly to New Mexico’s economy.

• From 2006 to 2010, there were 11,440 new immigrant business owners in New Mexico, and in 2010, 12.6 percent of all business owners in New Mexico were foreign-born.

• In 2010, new immigrant business owners had total net business income of $389 million, which is 8.9 percent of all net business income in the state.

• New Mexico is home to successful immigrant-founded companies, including two of the state’s largest supermarket chains, El Mezquite and El Paisano.

Highly skilled immigrants are vital to New Mexico’s innovation industries, which in turn helps lead American innovation and creates jobs.Read more...

Published On: Thu, Aug 22, 2013 | Download File

In Texas, 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 Texas’ economy. Read more...

Published On: Thu, Aug 22, 2013 | Download File

In Arizona, 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 Arizona’s economy. Read more...

Published On: Thu, Aug 22, 2013 | Download File

In New York, 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 New York’s economy. Read more...

Published On: Thu, Aug 22, 2013 | Download File

In Florida, 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 economy, 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 Florida’s economy.Read more...

Published On: Wed, Jul 24, 2013 | Download File

In California, 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 economy, 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 California’s economy. Read more...

Published On: Wed, Jul 24, 2013 | Download File

In South Carolina, 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 economy, 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 South Carolina’s economy.

• From 2006 to 2010, there were 11,869 new immigrant business owners in South Carolina, and in 2010, 6.7 percent of all business owners in South Carolina were foreign-born.

• In 2010, new immigrant business owners had total net business income of $521.9 million, which is 5.3 percent of all net business income in the state.

• Immigrant entrepreneurs have contributed to South Carolina’s economy throughout the state’s history, founding such companies as Dominion Tar and Chemical Company (DOMTAR), which employs 8,700 people and brings in over $5.6 billion in annual revenues to South Carolina.

Highly skilled immigrants and foreign-owned companies are vital to South Carolina’s innovation economy.Read more...

Published On: Fri, Jul 19, 2013 | Download File

In North Carolina, 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 economy, 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.

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Published On: Fri, Jul 19, 2013 | Download File

In Michigan, 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 economy, 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 Michigan’s economy.

• From 2006 to 2010, immigrants founded 30,223 businesses in Michigan, and in 2010, 10.4 percent of all business owners in Michigan were foreign-born.

• In 2010, new immigrant business owners had a total net business income of $1.8 billion, which is 9.2 percent of all net business income in the state.

• Michigan’s foreign-born were more than three times as likely as the native-born population to start a new business between 1996 and 2007.

• In particular, 32.8 percent of high-tech startups in Michigan between 1990 and 2005 had an immigrant founder, which places Michigan third out of all fifty states and means that Michigan’s immigrants are six times more likely to start a high-tech firm than U.S.-born residents.

Highly skilled immigrants are vital to Michigan’s innovation economy.Read more...

Published On: Fri, Jul 19, 2013 | Download File

In Iowa, 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 economy, 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 Iowa’s economy.

• From 2006 to 2010, there were 4,823 new immigrant business owners in Iowa, and in 2010, 3.1 percent of all business owners in the state were foreign-born.

• In 2010, new immigrant business owners had a total net business income of $215.8 million, which is 2.8 percent of all net business income in the state.

Highly skilled immigrants are vital to Iowa’s innovation economy.Read more...

Published On: Fri, Jul 19, 2013 | Download File