Thursday, September 5, 2013

Immigrant entrepreneurs fuel innovation in Alabama

Immigrant entrepreneurs contribute significantly to Alabama's economy, according to the Immigration Policy Center of the American Immigration Council.
■ From 2006 to 2010, there were 7,968 new immigrant business owners in Alabama, and in 2010, 4.6 percent of all business owners in the state were foreign-born.
■ In 2010, new immigrant business owners had total business revenue of $337.3 million, which is 3.4 percent of all business income in the state.
■ According to the Fiscal Policy Institute: “It is interesting to note that Alabama ranks toward the bottom of the list of immigrant share of population (3 percent) and labor force (4 percent), but is in the top half of the 50 states plus the District of Columbia (at 20th) in the ratio of foreign-born share of business owners to U.S.-born share. In Alabama, immigrant workers are 10 percent more likely than U.S.-born counterparts to be small business owners.”
Highly skilled immigrants are vital to Alabama’s innovation economy.
■ In 2011, the U.S. Department of Labor certified 1,283 H-1B labor certification applications in Alabama, with an average annual wage of $66,137, which is higher than Alabama’s median household income of $42,934 or per capita income of $23,483.
■ High-skilled immigrant workers contribute to the success of many Alabama-based companies and institutions with a significant presence in the state, including the University of Alabama at Birmingham, Atlas Healthcare, Hyundai, Mercedes Benz U.S. International, LG Electronics, AltaPointe Health Systems, Adtran, Intergraph, the University of Alabama, Auburn University, the University of South Alabama, Thyssenkrupp Stainless USA, University of Alabama Health Services Foundation, Houston County Healthcare Authority, Baptist Health System, the University of Alabama in Huntsville, and ST Aerospace Mobile.
■ The Birmingham-Hoover metropolitan area had 444 H-1B high-skilled visa requests in 2010-2011, with 63.4 percent of H-1B visa-holders working in science, technology, engineering, and mathematics (STEM) occupations.
■ An expansion of the high-skilled visa program would create an estimated 3,200 new jobs in Alabama by 2020. By 2045, this expansion would add around $1.5 billion to Gross State Product and increase personal income by more than $1.4 billion.
While the numbers are compelling, they don’t tell the whole story.
■ In Birmingham, immigrants old and new from many points of origin have contributed to the diverse culinary offerings found in restaurants and markets throughout the metro area, and to the city’s status as a prominent food city in the U.S. The city’s various immigrant and ethnic business chambers of commerce are examples of the metro area’s broad base of immigrant-owned businesses.
■ Greek immigrant and prominent restaurateur George Sarris has been making his mark on the central Alabama restaurant scene for years. Today, he owns and operates several restaurants around Birmingham, including the popular Fish Market Restaurant.
■ One of the Birmingham area’s oldest and most revered restaurant, the Bright Star, was originally started by Greek immigrants, and is still run by the same family.
■ Greek immigrants have been influential in owning and operating Birmingham area restaurants for decades: “Greek immigration and restaurant history can be traced through a place like Gus’s Hot Dogs, which was started by a man named Gus, then owned by Aleck and now run by George—all Greeks who saw opportunity in The Magic City. Whether it’s souvlaki or hot dogs, baklava or peanut butter pie, Greeks in Birmingham have perfectly melded their own food traditions with those of the Deep South.”
■ In the Birmingham suburbs of Hoover and Homewood, Latino and Asian immigrants have created vibrant restaurant, market, and retail shopping areas from what were previously aging shopping centers. Additionally, Hispanic immigrant entrepreneurs also helped create a new Latino-themed shopping center in Hoover—Plaza Fiesta. 
■ In northeast Alabama, the town of Albertville, which had a 2010 population of 21,160 (approximately 75 percent White and 25 percent Hispanic), is home to more than 50 licensed Latino-owned businesses. Many of these businesses line Baltimore Avenue, while others a found among white-owned storefronts in Albertville’s compact downtown.

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