California, known as the hub of innovation and entrepreneurship, has once again highlighted the significant contributions of immigrants to the state’s startup ecosystem. Governor Gavin Newsom revealed that a staggering 42 per cent of all startups in California are founded by immigrants, emphasizing their crucial role in driving the state’s economic engine. Despite the prevailing rhetoric of xenophobia and nativism in national politics, California stands out as a beacon of diversity and inclusivity, celebrating the talents and contributions of immigrants from around the world.
During a fundraiser in Massachusetts, Newsom commended the resilience and creativity of immigrant entrepreneurs, underscoring their pivotal role in shaping California’s success story. With a rich tapestry of cultures and backgrounds, the state has harnessed the power of diversity to lead in manufacturing, scientific research, and global innovation. Newsom’s remarks resonate with the ethos of tolerance and progress that define California’s identity, setting it apart as a model for embracing diversity and fostering growth.
The fundraiser, hosted by US India Security Council president Ramesh Viswanath Kapur and his wife Susan, brought together prominent Indian Americans in Boston to engage in a dialogue on entrepreneurship and advocacy. Newsom’s unwavering support for entrepreneurial initiatives and principled stance on critical issues garnered praise from attendees, reflecting a shared commitment to harnessing talent and driving progress. Kapur’s endorsement of Newsom as a potential future presidential candidate underscores the Governor’s leadership and vision for a more inclusive and prosperous America.
As Newsom highlighted the unique strengths of California and Massachusetts in nurturing talent and fostering competition, he underscored the importance of human capital in driving innovation and economic growth. With nearly 27 per cent of California’s population foreign-born, the state’s mindset of inclusivity and collaboration sets a powerful precedent for realizing the full potential of diverse communities. By embracing diversity as a strategic advantage, California continues to lead the way in a global economy that thrives on innovation and creativity.