News from 2018-07-14 / KfW Research
Migrants’ start-up propensity is now in line with the average
In 2017, migrants were responsible for one in five business start-ups in Germany and the trend is continuing. But as a result of the renewed decline in overall start-up activity, the absolute number of migrant start-ups fell to a new low of 115,000. Migrants are typically more entrepreneurial than the average citizen. In the past years, however, the migrant start-up rate was closer to the average. The latest data of the KfW Start-up Monitor show that the start-up rate among migrants in 2017 was nearly equal to the general start-up rate – an effect of the very tight labour market.
Migrants’ start-up propensity is now in line with the average
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