A recent report from the Federation of Small Businesses (FSB) has revealed that immigrant-led firms generate £13 billion for the Scottish economy, in addition to 107,000 jobs.
The research, which was undertaken at the Hunter Centre at Strathclyde University, revealed that Scotland attracts entrepreneurs from across the globe, with the majority settling in Edinburgh (21%), Glasgow (16%) and Aberdeen (9%). Nevertheless, it appears that many struggle to reach their growth potential.
Lothian MSP, Neil Findlay, has recognised the value, and importance of migrants to the Scottish economy, and supported the FSB’s recommendation to maximise the economic potential of migrant entrepreneurs.
Neil Findlay MSP said:
“This FSB report shows something very important, and that is the contribution by migrants to the Scottish economy is absolutely invaluable. I will continue to recognise these contributions to local economies and communities.