Study: U.S. Entrepreneurs Increasingly Foreign-Born

Kansas City, Mo. -- Immigrants far outpaced native-born Americans in entrepreneurial activity last year, while African Americans were the only major ethnic or racial group to experience a year-to-year increase in the rate of entrepreneurship, according to a new study by the Ewing Marion Kauffman Foundation. Approximately 350 out of 100,000 immigrants started a business each month in 2005 compared with 280 out of 100,000 native-born Americans. All told, an average of approximately 464,000 people created new businesses each month in 2005, a slight decline from 2004.
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