HISPANIC ENTREPRENEUR INITIATIVE hei
The Lonely Entrepreneur created the Hispanic Entrepreneur Initiative to empower 100,000 current and aspiring Hispanic entrepreneurs.
Latinos account for 20% of the U.S. population, but over the last decade, Latinos accounted for nearly 80% of all new businesses created. Today, there are over 5 million Latino-owned businesses in the U.S.
In 2020, the U.S. economic output (GDP) of Latinos was $2.8 trillion. If U.S. Latinos were a country, they would have the 5th largest GDP in the world – larger than the United Kingdom, India and France.
The challenges for entrepreneurs in general are great. The challenges for Hispanic entrepreneurs are even greater. And there isn’t just one “Hispanic” entrepreneur – there are entrepreneurs from various countries that face some of the same - but some different – challenges and opportunities.
HEI eMPOWERs latino ENTREPRENEURS IN THE US AND BEYOND
dallas. miami. el paso. los angeles. New York. houston. charlotte. San Diego. phoenix. mexico. columbia.
Omar Saucedo, Manager of Microsoft's Techspark in Mexico, announced an alliance with the Center for Artificial Intelligence (CIA) and the Center for Innovation and Integration of Advanced Technologies (CIITA).
"The Learning Community offers entrepreneurs unique tools so that they can strengthen their ventures and where they can also be linked to a global network of entrepreneurs which can increase their probability of success."
UPS partnered with The Lonely Entrepreneur to provide Hispanic entrepreneurs access to its Learning Community. The program was launched at L’Attitude’s annual conference, one of the nation’s leading gatherings of Hispanic business and entrepreneurial leaders.
Ally Bank and TLE have partnered to help empower and support Hispanic entrepreneurs across Detroit and Charlotte.
In 2018, Ally CEO Jeffrey “JB” Brown was among the first 150 of more than 2,000 CEOs to make a united commitment to advance diversity, equity and inclusion in the workplace as part of the CEO Action for Diversity & Inclusion pledge.
“U.S Latinos are making America more entrepreneurial and increasingly affluent.”
— SOL TRUJILLO L’ATTITUDE Co-Founder
“As a Hispanic woman, I must say that this learning platform levels the playing field for all who engage it regardless of race, religion, ethnicity or sexual orientation. The subjectivity and biases prevalent in most C-Suites won’t be a factor in this learning community. As a member of The Lonely Entrepreneur, you will have access to all aspects of the journey and equal access to resources. You will be invited to dinner and actually eat the meal! Lack of networks, connections or knowledge of what it will take to fund the dream won’t be roadblocks.
As a Former C-Suite Executive with several decades in the for-profit and non-profit worlds, I was delighted to feel the full embrace of The Lonely Entrepreneur community.”
YVETTE DONADO Board Member. Executive Director - Hispanic Entrepreneur Initiative. Hispanic Magazine's 50 Most Influential Hispanic Leaders.
“The Hispanic Entrepreneur Initiative provides much needed support for Latino small business entrepreneurs. The skill sets it helps develop, the best practices it shares, and the confidence building it provides will go a long way in enabling a successful future for Latino small business owners.” — YVONNE SHEPHERD Management Consultant, Former President & COO of AT&T/Puerto Rico, Chair of Hispanics Inspiring Student Performance & Achievement (HISPA)
"Small businesses are the backbone of the economy. It is critical that we make small businesses the central focus of our efforts. Educational programs like this one will continue to ensure all small businesses have the resources they need to thrive and get back on their feet after this challenging pandemic." — CARLOS MEDINA President/CEO at Statewide Hispanic Chamber of Commerce of N.J.