Immigrant Small Business Ownership is a Cornerstone of New Jersey’s Economy

On any given day and in every corner of the state, immigrants – both documented and undocumented – wake up and set out to work at small, local businesses that they themselves own and operate. This follows a nationwide trend, as immigrants are almost twice as likely to start new businesses than their native-born peers. And while immigrants are more likely to open any kind of business — including large corporations like Tesla, Google, and Pfizer — they are much more likely to own a “Main Street” business than native-born residents.[1] These small businesses, like grocery stores, hair salons and restaurants, generate approximately $1 billion in economic activity every year and are critical to downtowns and local economies across New Jersey with its 565 unique municipalities.