The Heroes of America's Startup Economy Weren't Born in America
According to the Entrepreneurship Rate indicator of the Inc. Entrepreneurship Index, Inc.'s proprietary benchmarked score representing the health of American startups, the percentage of entrepreneurs who are immigrants is currently close to a 20-year high. Today, they are a large reason the Inc. Entrepreneurship Index has remained relatively stable at 87 out of 100 in the first quarter of 2018, down almost imperceptibly from 88 out of 100 in the quarter prior. It's no coincidence then that the heart of America's startup scene--Silicon Valley--is San Jose. The most prolific startup markets in the country are flush with foreign-born founders Percentage of immigrant entrepreneurs among U.S. metro areas While the overall 20- to 35-year-old U.S. population lacks the desire their parents had to start a business for themselves, immigrant entrepreneurs of all ages are taking advantage of healthy access to capital and forging on through remarkably tight labor conditions. Canada's Gain The Inc.
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