Jefa-Owned (owned by a Latina Boss), a national visibility campaign under PepsiCo's Juntos Crecemos platform, calls upon Latinas in the food and beverage sector to apply for the Juntos Crecemos Hispanic Digital & Delivery Program, an eight-week personalized business building program.
To mark the launch, PepsiCo leaders joined Latina business owners for the Nasdaq Opening Bell Ceremony, where they unveiled the first-ever Jefa-Owned neon sign, designed by PepsiCo. READ MORE AT CISION
Ernst & Young LLP (EY US) today welcomes 96 Black and Latino founders and CEOs to the 2022 cohort of the EY Entrepreneurs Access Network (EAN). A national business accelerator, EAN is a comprehensive, executive program designed to elevate emerging and established Black- and Latino-owned companies through access to resources, networks and one-on-one mentoring. This marks the second full cohort of EAN participants, after the program officially launched in January 2021. READ MORE AT CISION
Applications for new businesses rose 20 percent last year, after languishing for a decade. Many newly minted founders attribute it to the pandemic.
“People have become disaffected with what they’re doing, and might as well do the thing they've been wanting to do for a while,” says Stewart Thornhill, executive director of the Zell Lurie Institute for Entrepreneurial Studies at the University of Michigan. Some people who were furloughed or laid off near the start of the pandemic became entreprene
With dramatic growth in the U.S. Hispanic population, the number of Hispanic-owned businesses is growing faster than in other ethnic groups. And Latino entrepreneurs are going far beyond the sterotypical blue-collar industries like restaruants, hospitality and construction.
A January report from Stanford University concluded that Latino-owned businesses with employees are more likely than their white-owned counterparts to be technology innovators. The study found that 19% of Latino-owned firms
While Latino-owned businesses are growing at a much faster rate than any other business segment in the country, they continue to face greater barriers to financing and report lower than average revenue per company than white-owned companies, according to new data released last week.
On Friday (January 28), the Stanford Latino Entrepreneurship Initiative (SLEI) released its seventh annual research report, State of Latino Entrepreneurship, exploring the impact, challenges, and opportunities of th
The rise of remote work during the pandemic led several Silicon Valley venture capitalists to escape California, with its wildfires and high taxes. Miami, with a large Latino population, and Atlanta, with a large Black population, have both seen higher interest.
Data from Crunchbase compiled for Reuters showed startups with a Black or Hispanic founder got 3.5% of the record $311 billion U.S. venture funding in the year to Dec. 16, up from an average 2.5% in the previous five years.
Florida and
There have been more new businesses formed so far this year than ever. Literally ever.
According to data from the US Census Bureau analyzed by the Economic Innovation Group, there were about 1.4m new startup applications filed with the government through 30 September 2021. That’s compared with 1.14m during the same period in 2020 and 987 thousand in 2019. Every year before had been significantly less. READ MORE AT THE GUARDIAN
Latinos are a fast-growing, young segment of the U.S. population that’s also highly entrepreneurial, yet businesses that Latinos start often struggle to get the financing they need to grow and succeed.
These businesses are among the “most overlooked opportunities for investors,” the Boston-based Bain & Co. wrote in a report released earlier this month. READ MORE AT PENTA
Program assists nearly 100 businesses in building financial capacity, securing federal loan assistance
CHICAGO (September 10, 2021) – CTA’s Red and Purple Modernization (RPM) Project, the largest transit investment in the agency’s history, today announced the milestone of securing $5 million in federal loans in 2020-2021 for local small businesses as part of the CTA Building Small Businesses (BSB) Program.
The BSB Program, launched in 2019, was developed to provide financial guidance to small b
So, if you’re committed to making your pastime a professional endeavour and prepared for all that entails, you might be wondering where to get started. Of course, there are various ways you could go about it, and the below is just one such method:
Start with a business plan
One of the best places to start if you’re trying to convert your hobby into a career is to come up with a solid business plan for your idea. READ MORE AT THE NEWS INTERNATIONAL
Entrepreneurs rely heavily on the networks of contacts and communities they form at industry events, conventions, business lunches, etc. The problem? We have been following the social distancing rules for Covid-19 for more than 15 months. READ MORE AT ENTREPRENEUR
Networking. A word that can summon fear into even the most resilient of entrepreneurial hearts. However, little else can grow your business as powerfully as networking can. At its core, networking is the process of building relationships. Over time, these relationships will reveal interesting and worthwhile opportunities for you. READ MORE AT BUSINESS2COMMUNITY
White men now make up the minority of business owners in the United States, a shift driven by fast growth in women- and LatinX-owned businesses, and one that has profound implications for the country’s finance and innovation infrastructure.
LatinX owned businesses have been growing at a rate of two- to-four times the rate of the overall population since 2015, when Porras’s organization began surveying them. He estimates that there are 1 million net new LatinX-owned businesses created every five
With more than half of all Hispanic and Latino Americans unable to set up a basic checking account or send and receive money, the pandemic has highlighted the deep divide between those who are able to access digital banking, and those who are not.
Cuentas (Nasdaq: CUEN), a Miami-based fintech company focused on serving the Hispanic and Latino communities, is looking to narrow that divide, if not eliminate it outright - one card and one app at a time. READ MORE AT THE STREET
Despite being the fastest-growing segment of the U.S. small business ecosystem, Latinos continue to struggle to secure capital from national banks.
That’s according to the State of Latino Entrepreneurship 2020 research study from the Stanford Latino Entrepreneurship Initiative.
Stanford’s report found that only 20 percent of Latino-owned businesses that applied for national bank loans over $100,000 obtained funding, compared to 50 percent of white-owned businesses. When looking at loans of all
Latinos were disproportionately hit by the pandemic — economically and in deaths and illness. Hispanics had just regained earnings and wealth at levels they had had before the Great Recession in 2008. Missing out on the aid could slow not only their recovery, but also the economic recovery. READ MORE AT NBC NEWS
I recently noticed my friend added the descriptor “Latina-owned small business” on her website and related accounts. She’s not Latina. Neither is anyone in her immediate family, her extended family, nor ancestrally. She’s a white woman. I am Latina, and my culture is very important to me. READ MORE AT SLATE
Forty-two percent (42%) of American adults either have owned a small business or want to do so.
A Job Creators Network/ScottRasmussen.com national survey found that 22% have already run their own business and another 20% would like to do so in the future.
Black and Hispanic Americans who have never run their own business are more interested in trying it than white Americans. READ MORE AT NEWSMAX
There comes a time in most of our lives when we find ourselves asking: am I truly happy in my career?
It's a valid question. And one way to make your working week better than your weekend is by turning your passion into your day job. READ MORE AT JOB
Although the idea of networking has been around for a long time, the basic idea is as valid today as ever before. Whether you connect with people in person, over the phone or via cyberspace, you need to engage with leads, prospects and customers to stay fresh in their minds. READ MORE AT FORBES
