The business landscape is complex, and entrepreneurs often face challenges as they seek to scale. These range from limited access to capital and smaller contracting opportunities to cash liquidity vulnerabilities and difficulty navigating economic uncertainty.
Hispanic- and Latino-owned companies are the fastest-growing segment of the U.S. business landscape, with nearly 5 million entities generating $3.2 trillion in total economic output. It’s an innovative and resilient community that has consistently grown, creating new job opportunities for the past 15-plus years. According to research from the Stanford Graduate School of Business and Latino Business Action Network, the number of Latino-owned businesses grew 57% between 2007 and 2022. By comparison, the number of non-Hispanic white-owned companies increased 5%.
But challenges remain for business owners seeking to scale. These range from limited access to capital and smaller contracting opportunities to cash liquidity vulnerabilities and difficulty in recruiting talent.
Here, we’ve collected content to help business owners drive growth, optimize operations and become better leaders. From guides and research to insights and inspiring stories of entrepreneurship, these resources are aimed at supporting business leaders throughout their journey.
Joey Gonzalez, Global CEO of Barry’s
Martha de la Torre, CEO and co-founder of EC Hispanic Media
Diverse and inclusive supply chains are key drivers of economic growth and business success. Discover strategies to open doors to new opportunities, enhance your business reputation and attain a strategic advantage in the marketplace.
“It’s a marathon, not a sprint. You’re not going to get an overnight success solely by virtue of being a diverse business. But over time, you’ll have the potential to win contracts and build and grow your business.”
Frederick Royall III
Managing Director and National Head of Diverse Businesses
Discover how we can help support your business.
Building strong inclusive communities that benefit everyone is key to driving social impact. Discover stories of individuals and organizations that are breaking barriers, transforming neighborhoods, and championing inclusion in the workplace and beyond.
“As the largest Latino-focused Community Development Financial Institution (CDFI), Raza’s impact is immeasurable. We’re proud to support Raza’s work—especially in education, community health care and burgeoning small businesses in underserved communities—as the CDFI helps shape the servant leaders of tomorrow.”
Kevin Goldsmith
Head of Tax Credit and Intermediaries, JPMorganChase Commercial Banking
JPMorgan Chase Bank, N.A. Member FDIC. Visit jpmorgan.com/commercial-banking/legal-disclaimer for disclosures and disclaimers related to this content.