Latinos, Immigrants Fueled Entrepreneurship In 2012, Report Says

Why 2012 Was The Year For Hispanic Entrepreneurs
Hispanic woman holding open sign in shoe store
Hispanic woman holding open sign in shoe store

Nearly 20 percent of the six million people that opened new businesses last year were Latinos, according to a new study.

Nationally, entrepreneurship actually saw a dip, partly due to more job creation in established firms and corporations, according to a report by the Kauffman Foundation. But Latino and immigrant entrepreneurs continued to fuel new business.

In fact, the volume of Hispanic entrepreneurs has nearly doubled since 1996, according to the study.

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