The Hindustan Times covers Migrant Entrepreneurs: Building our businesses, creating our jobs.
A new report by the Centre for Entrepreneurs and financial technology company DueDil says that 32,593 Indians set up companies with turnovers between £1 million and £200 pounds as of September 2013.
The report says that migrant entrepreneurs are on average younger than British entrepreneurs and twice as entrepreneurial as Britain-born working age population. The top five nationalities are Irish, Indian, German, American and Chinese.
Migrant entrepreneurs are behind one in seven of all UK companies. Nearly half a million people from 155 countries have settled in the UK and launched businesses, the report says and adds that in the SME segment, migrant-founded companies are responsible for creating 14% of all jobs.
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