Society

Refugees in Brazil show large potential for entrepreneurship

Nearly one-quarter of refugees in Brazil are entrepreneurs, according to an executive summary published by the UN Committee for Refugees. This is significantly less than the national average, considering that the Global Entrepreneurship Monitor reported that 38 percent of Brazilians own a business.

However, almost 80 percent responded positively to whether they would like to become business owners, demonstrating the large entrepreneurial potential of this group. When asked about barriers to owning a business, most cited a lack of financial resources.

The UN’s executive summary is based on a survey of 487 of the 5,314 refugees registered on the Federal Police’s database. However, the Ministry of Justice recognizes that there are over 10,000 displaced people in the country, defined as those who left their home countries due to war, persecution, or armed conflict. Over 70 percent come from four countries: Syria, the Democratic Republic of Congo, Angola, and Colombia.

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