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SBA Partnership for Hispanic Entrepreneurs – OnlineBusinessDegree.org

The U.S. Small Business Administration (SBA) has partnered with the U.S. Hispanic Chamber of Commerce (USHCC) to launch a pilot program aimed to increase support for Hispanic entrepreneurs.

The new pilot program – which will be offered in eight states – will help expand the agency’s outreach efforts, as well as link Hispanic small business owners and entrepreneurs to local lenders and business counseling to enable growth and job creation.

The purpose of the partnership between the two organizations is to help increase lending and counseling access for Hispanic small businesses, widen participation of small Hispanic-owned businesses in SBA’s procurement programs, and raise awareness of SBA’s programs and services among Hispanic-owned small businesses.

“An economy built to last includes boosting entrepreneurship opportunities in Hispanic American communities,” SBA administrator Karen Mills said in a press release. “Combining our resources with the U.S. Hispanic Chamber of Commerce will spur new business growth, drive competitiveness and innovation, and strengthen our economic recovery and growth.”

Follow Valerie Jones on Twitter @ValerieJonesCMN

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