SACRAMENTO, Calif. (June 18, 2026) — Immigrants Rising is pleased to see that the California State Assembly and Senate’s 2026-27 two-party budget agreement reflects a shared commitment to investing in California immigrants’ access to education, career, and economic opportunities through investments in Dream Resource Liaisons and Centers, Cal Grant for more adult learners, college dual enrollment, implementation of career education, and access to legal services. However, at a time of increasing economic pressures driven by the loss of access to work authorization and federal small-business loans, the Legislature must also reinvest in the Social Entrepreneurs for Economic Development (SEED) Initiative in the final budget agreement.

The highly successful SEED Initiative, designed to provide essential capital access to immigrant entrepreneurs, has already directly supported the creation of more than 1,900 new businesses, the sustainability of more than 1,400 existing businesses, and the employment of more than 2,400 individuals—just in two rounds.

“As described in the California Blueprint for Immigrants Socioeconomic Prosperity, entrepreneurship is not simply an alternative to traditional employment; it is an economic strategy that creates economic stability for individuals, and strengthens regional economies. This is especially true now, as immigrants’ access to work and capital has been restricted by federal policy changes. Our state’s immigrant communities are operating under a heightened climate of fear and uncertainty, navigating concerns about the targeting of immigrants, stability, and the safety of their employees and customers. SEED is a critical missing component of the state’s response to these challenges and should be included in the 2026–27 State Budget. Immigrants Rising urges Governor Newsom and the Legislature to stand with immigrants, students, and entrepreneurs alongside the 100+ community-based organizations by reinvesting in SEED,” said Dr. Iliana Perez, Executive Director of Immigrants Rising.

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Founded in 2006, Immigrants Rising transforms individuals and fuels broader changes. With resources and support, undocumented young people are able to get an education, pursue careers, and build a brighter future for themselves and their community. Our collective power is helping our nation edge closer to fulfilling its ideal as a land of opportunity and access for all.