According to Susana Martinez-Restrepo, PhD., CoreWoman and Geri Stengel, Ventureneer, authors of “Hispanic Women Entrepreneurship: Understanding Diversity Among Hispanic Women Entrepreneurs,” the number of Hispanic women-owned businesses is growing at a higher rate than businesses owned by other groups, including non-Hispanic White women and men.
However, businesses owned by women, especially Hispanic women, are underrepresented and dramatically lag behind men-owned businesses in several key business productivity measurements: amount of revenue, having employees and number of employees.
To help Hispanic women-owned businesses prosper, the authors propose the following.
- Increase Funding to Women’s Business Centers
- Elevate Awareness of Training and Support Hispanic Women Need
- Enlarge and Make Permanent the New Markets Tax Credit
- Lift or Raise Cap on SBA-backed Loans
- Invest Federal Agency Pension Funds in Emerging Managers
To read the entire report, visit here.
Registration is open and free for our 12/5 talk with Andrew Molinsky, Ph.D. He will talk about how, “if you are not outside your comfort zone, you won’t learn anything.” Register here.