SUMMARY: The State of Latino Entrepreneurship report brings us findings about U.S Latino entrepreneurs and LOBs, finding that 12% of all U.S firms are Latino.
TALKING POINTS:
- Immigrants own 29% of Latino firms.
- 60% of all Latino firms are located in California, Texas, Florida, and New York.
- Scaled firms are more likely to have immigrant and highly educated owners.
- 54% of Latino firms are actively networking since they are affiliated with either a chamber of commerce, a local nonprofit, or a trade association.
BUZZ:
- Poets & Quants, “Study: Latinos Carried U.S. Through Recession”, Nathan Allen
- City Alive, Changing ABQ’s Approach to Latinos in Tech, City Alive Staff
https://cityalive.org/2018/01/23/changing-abqs-approach-latinos-tech/
DATE OF PUBLICATION: January 2017
AUTHORS: Dr. Douglas Rivers, Dr. Jenny Porras, Dr. Natassia Rodriguez, Phil Pompa, and Eutiquio Chapa
ABOUT THE RESEARCHER: Stanford Latino Entrepreneurship Initiative (SLEI) is a research and education collaboration between Stanford University and the Latino Business Action Network (LBAN), a 501(c)(3) not-for-profit organization located in Palo Alto, CA. SLEI is housed at the Stanford Graduate School of Business.