Are immigrants more likely to be entrepreneurs?
Immigrants are more than twice as likely as native-born Americans to become entrepreneurs, according to the Chicago Council on Global Affairs. The council notes it’s their risk-taking nature that makes them not only entrepreneurial but also extremely successful.
And because entrepreneurs are critical to building and maintaining community revitalization, savvy cities are making efforts to attract immigrants to their communities, particularly in the Midwest.
As cities around the country grapple with declining populations and stagnant economies, cities in the Midwest have come together to explore ways to reinvigorate their communities. As part of the effort, the Chicago Council on Global Affairs—an organization tasked with exploring ways for Middle America to keep up with other regions and international competitors—honed in on the importance of the development of a vital entrepreneurial sector.
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