There's nothing small about the growth of Latino-owned businesses in the United States. According to a recent Geoscape report (Opens Overlay) based on U.S. Census Data, from 2007-2015, revenue from Hispanic-owned businesses increased by 88 percent to nearly $661 billion. And the number of businesses owned by Latinos is projected to increase to more than four million this year, making significant contributions to our economy and to communities across America.
Univision and JPMorgan Chase joined forces to focus on Hispanic entrepreneurship at a recent town hall in Houston called "Pequeños Negocios, Grandes Ideas" or "Small Businesses, Big Ideas."
At the town hall meeting, Houston-area business owners participated in a lively panel conversation that addressed challenges, trends, and opportunities to create awareness on services and alternative investment funds for businesses. The forum highlighted business owners who seized opportunity to establish and grow their businesses, and their stories served as a way to educate other business owners on how to harness their own potential.