Support Latino News, with the help of donors and partners, launched the Support Latino News Impact Fund in 2020 providing eight Latino/x-owned small businesses across the country with monetary grants to help fortify their businesses amidst the COVID-19 pandemic. This year, thanks to contributions from Univision, Team Friday, New Balance, and private donors, SLB is partnering with community organizations including We All Grow, Poderistas, The Teny, and Small News Majority to launch three new grants to help Latino/x businesses continue to scale and thrive. Story continues In addition to a national day of action on September 14, SLB works to offer additional tools and opportunities including an ever growing and comprehensive business directory of Latino/x-owned companies, a resource hub for entrepreneurs, and an Impact Fund providing grants to Latino/x small business owners.
Latinos continue to launch businesses at faster rates than the national average across several industries, growing 34 percent over the last 10 years compared to just 1 percent for all other small businesses, according to the State of Latino Entrepreneurship 2020 research study from the Stanford Latino Entrepreneurship Initiative. “The United States Hispanic Chamber of Commerce is proud to be a long-time partner of Support Latino News Day. We encourage you to support Latino and Latina owned businesses all year around including during Hispanic Heritage Month. The USHCC proudly represents the economic growth, development, and interests of more than 4.7 million Hispanic-owned businesses that, combined, contribute over $800 billion to the American economy every year,” said Ramiro A. Cavazos, President & CEO, USHCC.
“You can find Latino-owned businesses in every sector. Supporting Latino-owned businesses requires intentionality so that together, we create a multi-faceted win for the Latino community and the U.S economy,” Jennifer Garcia, Latino News Action Network COO. The Support Latino News network has come together with mayors in cities across the country including: Austin, Boston, Chicago, Nashville, Phoenix, San Diego, Oakland, and Washington, D.C. to issue city proclamations in observance of Support Latino News Day along with a community call-to-action to recognize, celebrate and support their local Latino/x businesses on September 14th and every day after.
Support Latino News is a national community-led initiative shining a light on the significant economic contributions Latino businesses make, the jobs they help create, and the positive impact they bring to all local communities and the U.S. economy. One of the nation’s most diverse networks of partners – including business leaders, owners, entrepreneurs, local activists, community organizations, elected officials, and corporate brands – come together to tell stories about the impact Latino/x businesses have today, and the endless possibilities they’ll be realizing tomorrow. For more information or to be a part of the Support Latino News movement, visit: http://supportlatino.biz/. CONTACT:Fernanda Davila956firstname.lastname@example.org About Support Latino News
Created for the community by the community, the Support Latino News initiative is championed by a diverse group of partners including city Mayor offices, local chambers, the United States Hispanic Chamber of Commerce, Small News Majority, Univision, along with support from partner agencies Captura Group, The Twins PR, Team Friday and APC Collective. To become part of the Support Latino News movement, visit http://www.supportlatino.biz/ and to find ways to participate in this Support Latino News Day visit https://supportlatino.biz/slb-day-toolkit/. As part of a larger mission, SLB partners will work to continue the National Support Latino News Day momentum through the daily spotlighting of Latino/x businesses, the fostering of a growing business network, financial resources, mentorship and more.
The News Highlights
- Support Latino News and Community Allies Host Third Annual Latino Support News Day September 14, 2021
- Check the latest News news updates and information about business, finance and more.
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