Issue Media Group, which owns
Metromode, is partnering with New Michigan Media to help tell the growing number of success stories of businesses started by minorities and immigrants in Metro Detroit.
Excerpt:"The partnership draws attention to the impact ethnic, minority and immigrant communities have on the economy. Over one decade immigrant- founded ventures created 450,000 jobs and represented a market capitalization of roughly $500 billion. Southeast Michigan's immigrant entrepreneurs were six times as likely to start a high-tech firm from 1995-2005, placing the state third compared to all 50 states, and are nearly four times as likely to file an international patent. Michigan ranks eighth out of all 50 states in filing these types of patents. Immigrants are more than three times as likely to start a new business."
Read the rest of the story
here.
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.