STANFORD UNIVERSITY (2)

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Latinos are one of the fastest-growing entrepreneurial groups in the U.S., driving innovation, job creation, and economic expansion.

Key Facts on Latino Entrepreneurship
5 million Latino-owned businesses employ millions across the country.
Latino businesses grew 57% between 2007 and 2022, outpacing the national average.
Latino entrepreneurship hit a record high in 2023, with new business formation rates double the national average.

This rapid growth isn’t just about numbers—it’s reshaping indus

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Latino/a entrepreneurs continue to be a force for economic development in the United States: They own 4.7 million businesses that generate more than $800 billion annually. But they are not monolithic. A new report highlights the role played by women, immigrants, and new technologies in the growth of Latino/a-owned businesses. READ MORE AT THE STANFORD REPORT

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