US Latinos are the most
entrepreneurial yet most
undercapitalized growth
cohort in the US
entrepreneurial yet most
undercapitalized growth
cohort in the US
L'ATTITUDE Ventures directly addresses
a troubling economic cost to our country:
the underfunding of Latino entrepreneurs.
a troubling economic cost to our country:
the underfunding of Latino entrepreneurs.
US Latinos are the most
entrepreneurial yet most
undercapitalized growth
cohort in the US
entrepreneurial yet most
undercapitalized growth
cohort in the US
L'ATTITUDE Ventures directly addresses a troubling economic cost to our country:
the underfunding of Latino entrepreneurs.
the underfunding of Latino entrepreneurs.
The US Latino is the present, future, and New Mainstream Economy.
The US Latino is the present, future, and New Mainstream Economy.
- Despite being one in every four new entrepreneurs, 72% of Latino entrepreneurs face funding shortfalls, 70% rely on personal savings, and only 1.8% are venture-backed.
- An additional $1.84 trillion would be added to the US economy if the average revenues of Latino-owned firms matched non-Latino-owned firms.
- The number of Latino business owners grew 34% over the last decade, compared to 1% for all business owners in the US.
- Achieving higher education 2.6x faster than non-Latinos, this young cohort will continue to produce skilled entrepreneurs.
The underfunding of Latinos is leaving growth on the table
Investing in this cohort is critical for US economic growth, and will have a positive impact in our communities, by accelerating job creation, decreasing income inequality, increasing educational attainment, and creating multigenerational wealth for all Americans.
