Sweden: More immigrants start own businesses

Sweden: More immigrants start own businesses

Via SR:
Immigrants are much more likely to start their own businesses compared to Swedes who are born here according to a new report from IFS, an organization which protects and promotes migrant entrepreneurs.

Since 2005 the number of immigrants, defined as any person born outside of Sweden, who chose to start their own businesses increased by 22 percent. Seven out of ten business owners today were born in another country and the businesses, big or small, employ an estimated 200.000 people across the country.

According to Maroun Aoun, CEO of the organisation, the increase is due to relatively new possibilities for immigrants to get financial backing and counselling.

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