To be sure, one major source of this increase is the growth of population in general. (religion-online.org)
A report from the nonpartisan Fiscal Policy Institute's Immigration Research Center, for instance, looked at data from the Survey of Business Owners and the American Community Survey and determined that though immigrants make up 13 percent of the U.S. population in general, they make up 18 percent of small business owners, and that immigrant - owned businesses account for 14 percent of private sector employment. (inc.com)
Another key finding in the Gallup study is that African American, Asian, and Hispanic small business owners are more likely to be in the startup and growing stages of their business, compared to the small business population in general, and as a result may not qualify for many conventional bank loan products. (wellsfargoworks.com)