Thursday, December 10, 2009

More immigrants leap into business ownership

Immigrants start their own businesses at a high rate, but without the network to help them with some of the usual problems, they struggle. - - Donna Poisl

By Maria Sacchetti, Globe Staff

CHELSEA - People thought Melissa Vo was crazy to launch a new restaurant in the middle of a recession.

The single mother, a refugee from Vietnam, had never managed a business, and the only place she could afford to rent in February was a tiny hole-in-the-wall across from a laundry and a corner bodega in Chelsea. But Vo, after 25 years in America, believed that the only way to make it was to become her own boss.

Call it immigrant drive, or desperation, but immigrant-owned businesses are popping up at levels unimaginable decades ago.
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