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Hispanic Entrepreneurs
Hispanic-owned small businesses have grown 34% and contributed $500B to the U.S. economy over the last 10 years -- and show no signs of slowing down. Even with the growth and accelerating impact, Hispanic business owners face very real challenges.
With SCORE by your side, you don't have to go it alone. SCORE has helped countless Hispanic entrepreneurs find success in their small businesses. See how SCORE has helped some of the small business owners start and grow their small businesses. Yours could be the next success story!
Among the universe of Hispanic business-owners, only 16% convert their businesses from a self-employed business to an employer-based business. Non-Hispanics, however, have a conversion rate of 36%.
Stanford Business 2018 Research Report
Hispanic-owned businesses remain smaller than white-owned firms, earning only $1.2M in revenue compared to $2.3M brought in by white-owned businesses.
The International Society of Logistics
Over the past 10 years in the U.S., the number of Latino business owners grew 34%, compared to all business owner group of just 1%.
The International Society of Logistics
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From Experienced Mentors
SCORE business mentors can help you start, grow, or transition your business. Enter your zip code above to get matched with a business expert near you!
"What I've learned is to ask for help from experts. If you can tap into resources that can help you in difficult times, this is really important. This is what I do for my SCORE clients. I serve as that resource. And this is why I volunteer and give back to my community. I feel very fortunate and happy to do whatever I can."
Ricardo Casas,
SCORE Volunteer Mentor
Hispanic Entrepreneurs Who Turned to SCORE as a Partner in Their Success
With SCORE by your side, you don't have to go it alone. SCORE has helped countless Hispanic entrepreneurs find success in their small businesses. See how SCORE has helped some of the small business owners start and grow their small businesses. Yours could be the next success story!
Elderberry Elixir
"My mentor has been a profound encouragement to me. She has one of the most uplifting and inspiring personalities. There has not been one Zoom meeting that I leave without feeling motivated [to] do better and achieve more."
Chamos Language Academy
Guerrero-Pinate and Guerrero attended a host of SCORE workshops as they prepared to launch their business. They also worked with SCORE mentor Rob Duncan, who guided them from the idea phase to their launch. ‘As challenges and problems arose he guided us and kept us on task so we could keep moving forward,’ they say
BigMedia Miami
"Alfonso Lasprilla dug on his knowledge of the Hispanic community and their needs to build and grow BigMedia."
Arturo's Mexican Restaurant
Arturo Guillen runs Arturo's Mexican Restaurant and turned to SCORE to understand his financial records and find work-life balance.
Jackie's Empanadas On the Go
Jackie Mendive dug into her Argentinian roots to build Empanadas on the Go, frozen, homemade empanadas for busy people.
Infinity Technology Consultants
Eric Sanchez grew his company from a computer repair business to a full IT management company.
Molli Sauces
Leticia and Rodrigo Salas built Molli sauces so that home cooks everywhere could serve and experience authentic Mexican flavors in their kitchens.
ELDERBERRY ELIXIR
Small Business Journey
"My mentor has been a profound encouragement to me. She has one of the most uplifting and inspiring personalities. There has not been one Zoom meeting that I leave without feeling motivated [to] do better and achieve more."
Resources for Hispanic Entrepreneurs
Check out resources created especially for Hispanic business owners.
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Three Great End-of-Summer Marketing Ideas
End-of-Summer Marketing Ideas (AUSTIN, TX) - With the summer season soon to be coming to a close, as well as depending on the current location of your small business, chances are you will end up noticing a change regarding your customer base, as well as exactly how often they're visiting your business. No matter what your situation may be, there are always some great ideas to help with promoting your business during this time of year.
Three Tips to Help Become a Successful Entrepreneur
Business Tips For Entrepreneurs in Austin: Generally defined, an entrepreneur is an individual who is able to come up with all kinds of different services, products, or ideas that can help to solve many problems around the world. Becoming an entrepreneur is a process that can be different for everyone; however, those who are successful in this journey will need to prepare themselves to receive all kinds of criticism and failure along the way, which can be useful in terms of continuously improving themselves and learning.
Supplier Diversity & Certifications - You Have Questions, SCORE Has Answers
View the on-demand course modules, then attend this live Q&A dedicated to answering your questions about Supplier Diversity & Certifications. Read more
Choosing the Right Legal Entity to Secure Funding
According to a report in Forbes, The 2021 State of Latino Entrepreneurship Report shows that Latino-owned businesses are growing faster than other businesses in the U.S. However, this good news is tempered by a disparity in how Latino-owned firms were able to raise capital. According to the report, Latino-owned businesses are more likely to encounter obstacles while obtaining the funding needed to start and grow their businesses, despite Latino-owned and white=owned businesses posing a similar credit risk.
Live Q&A - Expert Solutions and Advice for Hispanic-Owned Businesses
Join us for an hour-long Q&A session aimed at helping Hispanic business owners In celebration of Hispanic Heritage Month. Read more
Modelo de Plan de Negocio para un “Startup"
Un plan de negocio de Startup sirve para varios propósitos. Leer más
Starting Out Right: Building Business Credit
Building and maintaining business credit is vital to the long-term health of your small business. Learn how in this blog.
Lanza de manera correcta: Construye tu crédito empresarial
El crédito que tenga tu empresa es una de las herramientas más importantes en tu arsenal como emprendedor.
8 Professional Networks for Latina Professionals or Entrepreneurs
From the Hispanic Alliance for Career Advancement to the Association of Latino Professionals for America, find the professional networks for your growth.
SCORE’s and Others’ Educational Resources for Entrepreneurs and Business Owners
SCORE and other organizations have small business resources created with Hispanic entrepreneurs in mind.
Los recursos educativos de SCORE y otros para empresarios y duenos de negocios
Los emprendedores de hoy enfrentan más competencia que nunca. Los recursos de SCORE le dan a tu empresa una verdadera ventaja competitiva.
State of Hispanic-Owned Businesses
Hispanic Businesses are growing at an astonishing rate. Discover more about the state of Hispanic-Owned businesses.