According to research from the Kauffman Foundation, you might be surprised. The research spanned trends from 1996 to 2019 and looked at race, ethnicity, age, and immigration trends. The share of all new entrepreneurs who are Latino more than doubled between 1996 and 2019 while the share who are White decreased over the same period. In 1996, entrepreneurs were largely young, while in 2019, they represented all ages. In 2019, 1 in 4 new entrepreneurs was an immigrant, double the number in 1996.

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