Study finds immigrants are more likely to own Denver small businesses
Type:
Press Coverage
Published Date:
June 15, 2012
Author:
Denver Business Journal
By Allison Sylte
Denver Business Journal
Immigrants are 10 percent more likely than U.S.-born citizens to own small businesses in metro Denver, according to a report released by the New York-based Fiscal Policy Institute.
In 2010, the June 12 report says, 4.7 percent of Denver immigrants owned small businesses, as did 3.8 percent of Colorado immigrants, 3.7 percent of immigrants in the top 25 U.S. metropolitan areas and 3.5 percent of immigrants throughout the United States.
Also, the share of Denver small businesses owned by immigrants was 11.56 percent in 2010, a big jump from 4.75 percent in 1990.
Nationwide, 18 percent of all small-business owners ...
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