Wednesday, November 15, 2006

Study: Immigrants founded 20% of venture-backed companies - Nov. 15, 2006

"Immigrant entrepreneurs spur renaissance. Nearly half of today's private, and 20 percent of public, venture-backed start-ups were founded by immigrants despite challenges, study says. A full 20 percent of venture-backed public companies were founded by one or more immigrants, according to the study, released by the National Venture Capital Association. Within the high-tech sector, that percentage rises to 40 percent."

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