Saturday, May 12, 2012

On the rise: Immigrant entrepreneurs

Immigrants are very often entrepreneurs, they have big dreams and the nerve to try them.    - - Donna Poisl

By Jose Pagliery

NEW YORK (CNNMoney) -- Working for a new company? There's a more than one-in-four chance your new boss wasn't born here.

Immigrants created 28% of all new firms last year. They were also twice as likely to start a new business when compared to those born in the United States.

It's a notable shift. Nearly all new firms are small, and many are hiring new workers, seeking small business loans and shaking up established industries.
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