Immigrant-Owned Small Businesses Add to CO Economy

Public News Service: Denver
June 14, 2012

Immigrant-owned small businesses are an important part of the Colorado and national economy, according to a new report from the Colorado Fiscal Policy Institute.

Colorado has roughly 13,000 immigrant-owned small businesses – those with 100 employees or less – according to the report, which says those businesses earn about $700 million annually.

Those small businesses are diverse, says Kathy White, the institute’s deputy project director, ranging from real estate companies and professional firms to construction companies and restaurants. She adds that the owners share one quality in common.

“Immigrants really share in the American entrepreneurial spirit and really want to share in the American dream just as we all do.”

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About NAE

New American Economy is a bipartisan research and advocacy organization fighting for smart federal, state, and local immigration policies that help grow our economy and create jobs for all Americans. More…