This report by The Entrepreneurs Network notes that whilst 14% of UK residents are foreign-born, 49% of the UK’s fastest-growing startups have at least one foreign-born co-founder.
A new analysis of Britain’s 100 fastest-growing companies highlights the massive contribution of immigrant entrepreneurs to the UK. It reveals:
49% of the UK’s fastest-growing startups have at least one immigrant co-founder.
9 of the UK’s 14 startup unicorns have at least one foreign-born co-founder.
The fast-growing immigrant founded companies of the Top 100 have attracted a combined £3.7bn in investment.
The data in the report makes a powerful case for keeping Britain open to international talent, with a clear picture of the massive impact in terms of jobs, growth and innovation. It is now for politicians to make the positive argument for immigration and fix the visa system to remain open to entrepreneurial talent.