Special day of action and support dedicated to advocating for the estimated 4.7 million Latino business owners who contribute to their communities and America’s economic engine
, September 14, 2022 /PRNewswire/ — Supporting Latin American businesses (SLB), a community-founded nonprofit organization dedicated to providing resources and opportunities to Latino small businesses, officially announces the fourth annual Support Latino Business Day tomorrow, Wednesday September 14, 2022. Intentionally kick off Hispanic Heritage Month a day early (September 15-October 15), Support Latino Business Day highlights the transformative impact of the biggest contributors to our nation’s economy: Latino small businesses.
Powered by volunteers and community advocates, Support Latino Business engages mayors across the country to formally recognize and celebrate the significant contributions of Latino businesses to local communities. September 14 and every day. Participating city mayors in support of Latino Business Day 2022 include: Austin Mayor Steve Adler, Baltimore Mayor Brandon M. Scott, Chicago Mayor Lori Lightfoot, Denver Mayor Michael B. Hancock, Detroit Mayor Mike Duggan, Houston Mayor Sylvester Turner, Los Angeles Mayor Eric Garcetti, Memphis Mayor Jim Strickland, Minneapolis Mayor Jacob Frey, Salt Lake City Mayor Erin Mendenhall, Tampa Mayor Jeanne Castor, Washington, D.C. Mayor Murial Bouserand over 50 others.
“Every day, Latino business owners make incredible and invaluable contributions to communities here. Chicago and across the country,” said Chicago Mayor Lori E. Lightfoot. “We are honored to continue our partnership with Support Latino Business this year to recognize these contributions and celebrate the positive impact Latino business owners have had on our society and economy.”
In addition to working with local leaders to galvanize support for Latino-led businesses, Support Latino Business partners with Latino-focused organizations to provide mentoring, networking and unrestricted grants to small business owners to that they reinvest in their businesses. With support from SLB, Poderistas organized the 2022 Jefa Nation Grant to give Latino entrepreneurs and jefas poderosas the opportunity to receive resources to help them grow and grow their businesses.
Additionally, honoring and celebrating diverse small businesses across the country and opening Support Latino Business Day are applications for the second annual #SupportSmallBiz grant in partnership with Small Business Majority.
“Hispanic Americans are highly entrepreneurial, starting businesses twice as fast as native-born Americans, and creating significant opportunities through job creation,” said Xiomara Pena, Vice President, Engagement, Small Business Majority. “We know that Latino small business owners help grow the economy by meeting workforce needs, purchasing goods and paying taxes. And despite facing enormous challenges accessing federal aid during the pandemic, this community has persevered and launched new businesses at historic rates. We are honored to help launch National Hispanic Heritage Month with our partner Support Latino Business. We look forward to participating in ongoing efforts that will highlight the accomplishments of Latino small business owners and celebrate the diversity and innovation this community brings to the small business ecosystem.
Support Latino Business will also present grants through the SLB Impact Fund and will also begin accepting applications from September 14, 2022. For more information on these resources, visit https://supportlatino.biz/slb-resources/.
“We are honored to work alongside community advocates, city mayors and partners across the country to elevate the Latino/x narrative in the United States and celebrate the vital and often unsung contributors to our economy. country, Latino/x business owners and entrepreneurs. » said Jennifer Meza, Support the President of Latin American Business. We look forward to advancing our mission of recognizing, providing resources, and advocating for diverse small business owners and entrepreneurs to continue building a thriving and equitable economy.
According to the 2021 State of Latino Entrepreneurship (SOLE) report from LBAN and the Stanford Latino Entrepreneurship Initiative (SLEI), over the past 10 years, Latino-owned businesses started at a faster pace than other groups – a growth rate of 44% –. compared to only 4% for non-Latin American companies.
Helping more customers connect and find Latino businesses to support, Support Latino Business has a growing national directory of Latino-owned businesses and interested Latino business owners. Individuals can register for the free directory at www.supportlatino.biz/directory.
Created for the community and by the community, the Support Latino Business initiative is championed by a diverse group of partners, including city mayor’s offices, local chambers, the U.S. Hispanic Chamber of Commerce, Small Business Majority , Univision, as well as support from partner agencies. Captura Group, The Twins PR and APC Collective. To be part of the Support Latino Business movement, visit https://supportlatino.biz/ and to find ways to participate in this visit Support Latino Business Day https://supportlatino.biz/slb-day-toolkit/.
About Support Latino Business
Support Latino Business is a national community initiative that highlights the significant economic contributions of Latino businesses, the jobs they help create, and the positive impact they bring to all local communities and the U.S. economy . One of the most diverse networks of partners in the country – including business leaders, owners, entrepreneurs, local activists, community organizations, elected officials and corporate brands – comes together to tell stories about the impact of Latino/x businesses today and the endless possibilities. They will realize it tomorrow. For more information or to be part of the Support Latino Business movement, visit: https://supportlatino.biz/.
SOURCE Support Latin American Businesses
