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Immigrant Entrepreneurs Demonstrate Growing Contribution To U.S. Economy, Says American Made 2.0
Date:6/20/2013

Washington, D.C. (PRWEB) June 20, 2013

The National Venture Capital Association (NVCA) today released high level findings from a study that examines the contributions of immigrant entrepreneurs to the U.S. economy. American Made 2.0: How Immigrant Entrepreneurs Continue to Contribute to the U.S. Economy provides an update to a 2006 report and finds that immigrants are having an even greater impact on U.S. competitiveness today, despite high-skilled immigration policies that many believe harm job creation, innovation and capital creation. The analysis concludes the contributions of immigrants to the United States would be even greater if Congress adopted the right policies on startups and high skill immigration.

“As Congress debates comprehensive immigration reform, understanding the contributions of high-skilled, foreign born entrepreneurs to our country is imperative to ensuring meaningful changes to our system,” said Mark Heesen, president of the NVCA. “These individuals have founded many of America’s most successful companies, keeping jobs, market value and innovation here in the United States. Our policies must not only accept but welcome the next generation of immigrant entrepreneurs who are making even greater strides in starting and growing amazing companies.”

The full study, which will be available in its entirety in early July, was authored by Stuart Anderson of the National Foundation for American Policy, former head of policy at the Immigration and Naturalization Service, and commissioned by the NVCA. American Made 2.0 determined the nativity of the founders of U.S. venture-funded companies that became publicly traded both before and after 2006. In addition, privately-held venture-backed companies were surveyed for their views on current immigration policy and potential reforms to the immigration system.

Highlights from the study include:

An increasing number of public companies have
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