Saturday, September 21, 2019

Study shows that Immigrant entrepreneurs innovate at higher rate than U.S. citizens

When Sara Itucas was a young girl, she watched her family navigate the perilous and notoriously bureaucratic U.S. immigration system. Itucas and her family came to the U.S. from the Philippines when she was 5, and from a young age she saw how convoluted the immigration process was. “Watching my mom go through the immigration […]

Study finds that Latino-Owned business are succeeding at impressive rates

The average annual revenue of Latino-owned business increased from $258,702 in 2016-17 to $327,189 in 2017-18, an increase of 26.5%, according to a new study. “I think there has been a strong growth in the Latino businesses in the past year because when we see the economy is doing well that gives us the confidence […]

Guest Blogger: Omar Duque “Hispanic-Owned Businesses in Illinois: Untapped Economic & Job Creation Potential “

It’s no secret that Hispanics contribute significantly to the US economy, but a new report on Hispanic-owned businesses in Illinois shows Hispanic businesses face unique challenges, but have the potential to generate an additional $67 billion in revenues and create 200,000 jobs for Illinois residents. The Report, The State of Hispanic-Owned Businesses in Illinois: Untapped Economic […]

Guest Blogger: Rep. Ben Ray Luján “Engaging Minorities in Our Nation’s Energy Future”

I recently had the honor of participating in a congressional forum highlighting the Minorities in Energy Initiative hosted by the U.S. Department of Energy. This initiative seeks to connect diverse stakeholders — businesses, communities, schools, and individuals — to address challenges and opportunities for minority engagement in the energy sector. The spirited discussion included many […]

Independence Is Work, Freedom Is A Dirty Business

By Victor Landa, NewsTaco Independence is a messy business. We Americans tend to think that freedom is shiny and sits on a mantle, sparkling it’s virtue. And right next to that idea is the conviction that our particular version of freedom is not only correct, but righteously so. We use it as a slogan for […]

Rate of Latino Entrepreneurs Doubled Since 1996

A new report from the Kauffman Foundation states that nearly 20% of the people who opened new businesses in 2012 were Latinos. The new study says that even though entrepreneurship has declined in numbers nationally, the amount of Latino entrepreneurs has doubled since 1996. “The Latino rate is higher than the rate for African-Americans, Asians, […]

Guest Bloggers: Dr. Jake Beniflah and Isabel Valdés “The U.S. Hispanic Market: An ‘Invisible’ Emerging Economy”

“If the [U.S.] Hispanic market were a nation, it would soon be the 11th largest economy in the world,” global CEO Sol Trujillo told the Wall Street Summit of 2010. That would place it on the list right near Russia, Canada and Australia. At that size, and with tremendous growth potential—the Hispanic market grew 43% […]

Latinos Absent in Franchising Businesses

Despite Latinos making up 16% of the United States population, they are relatively absent from the franchising industry, where only 5.2% of businesses are Latino owned. Hispanic Intelligence estimates that the spending power of Latinos was $1.2 trillion last year, and by the end of the year, that number is expected to be 15% more […]

Guest Blogger Series: Secretary of Labor Hilda Solis “At the Table”

I was “raised union.” My mother, who immigrated to the United States from Nicaragua, worked the 3 p.m. to midnight shift at a toy factory after the birth of my younger twin sisters. She was a member of the United Rubber Workers, which later merged with the Steelworkers Union. My father worked at a battery […]

Guest Blogger Series: Maria del Pilar Avila “New America Alliance: 11 Years of Advocacy”

On November 17-19, the New America Alliance (NAA), an American Latino Business Initiative, will hold its 10th Annual Latino Economic Summit for the first time in Washington, D.C.  As one of the nation’s leading Latino organizations dedicated to advancing the economic development of the American Latino community, the NAA will celebrate its 11th anniversary at […]