Immigrant Entrepreneurs Boost Economy, Gain Media Attention

Immigrant Entrepreneurs Boost Economy, Gain Media Attention

Is the media waking up to the reality that immigrant entrepreneurs are actually good for America, and the economy?

While Donald Trump and many of the GOP presidential candidates continue to talk about walls and mass deportations in the debates and town halls, the New York Times and other major media outlets have recently highlighted the value and economic boost of encouraging immigrant entrepreneurs.

The Times story showcased a new Visa program spearheaded by City University of New York (CUNY, pictured) and the city of New York City Economic Development Corporation called IN2NYC — intended to have “80 entrepreneurs set up shop on CUNY campuses, advising professors and students while working to build companies — in exchange for a special temporary work visa that is exempt from the quotas.”

“It’s great to see states like Connecticut and New York see the value of immigrant entrepreneurs as job creators and wealth builders and are aggressively trying to attract them.”

New York is the first city in the country to offer such a program.

Meanwhile, theday.com reported that the President of the Chamber of Commerce of Eastern Connecticut just proposed a resource center of immigrant entrepreneurs to help boost the region’s economy. ”It’s a huge opportunity for us to have an immigrant-friendly region in eastern Connecticut,” says Tony Sheridan, the chamber’s president.

Sheridan said that communities such as Dayton and Cleveland, Ohio; Louisville, Ky.; Tucson, Ariz.; and Nashville, Tenn. have implemented similar initiatives and “all of their downtowns and enterprises have blossomed as a result of being an immigrant-friendly community.”

“It’s great to see states like Connecticut and New York see the value of immigrant entrepreneurs as job creators and wealth builders and are aggressively trying to attract them,” said Foulis Peacock, founder of Immigrant Business. “Wisely, they don’t want to leave the field open to St. Louis, Detroit and other U.S. cities that already have immigrant entrepreneur attraction programs.”

Go HERE for more on immigrant success stories, and learn more on franchising, financing, and selling your business, only at Immigrant Business!

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