Biculturals, or people who identify with two or more cultures, are said to play an important role in economic development by starting new ventures. However, little research has theorized or analyzed the factors that influence their propensity to do so. Based on an identity integrationist perspective, we contribute to filling this gap. We hypothesize that identity integration is a critical factor that influences entrepreneurial intentions of bicultural individuals. In addition, we hypothesize that cognitive and metacognitive cultural intelligence mediate this relationship. Empirical analyses based on survey data supported our hypothesized arguments. The findings provide guidance on the role of psychological and cognitive factors in influencing intentions.