(Community Matters) The Kauffman report documents what we see every day – Austin has one of the highest per capita populations of entrepreneurs in the country – and the fastest growing.
For every 10,000 workers in the local labor force, the Austin area had 64.6 U.S.-born tech entrepreneurs, topping the likes of Denver, Seattle and Silicon Valley. And from 2000 to 2011, that figure grew more in Austin (+12.7) than any other metro except Seattle (+13.1). None of the other regions posted double-digit increases.
Foreign-born immigrants are measurably underrepresented as a percentage of the entrepreneurial population. And, while Hispanic entrepreneurs comprise the largest segment of foreign-born entrepreneurs, for some reason, our numbers didn’t grown between 2001 and 2011 while the average for Austin increased 12.7%.