Illinois Hispanic Chamber of Commerce

BMO Expands Minority Small Business Lending to 22 States with Zero Barriers to Business Program

Retrieved on: 
Lundi, septembre 25, 2023

Specifically, BMO's Zero Barriers to Business includes:

Key Points: 
  • Specifically, BMO's Zero Barriers to Business includes:
    Better access to capital: Business owners receive access to working capital with expanded credit criteria and competitive interest rates.
  • Since launching the program in late 2020, the bank has helped minority small businesses make real financial progress by:
    Approving $80 million small business loans.
  • Graduating 45 clients from Zero Barriers to Business to qualify for traditional lending programs under standard lending criteria.
  • To learn more about BMO's Zero Barriers to Business specialty lending programs, please visit https://www.bmo.com/en-us/main/business-banking/specialty-lending/ .

Great Lakes Solex, PR LLC., a Wholly Minority-Owned Solar Energy Company, Seeks Investment in Puerto Rico as U.S. Department of Energy Announces New Funding Initiative to Bring Solar Panels to Disadvantaged Residents

Retrieved on: 
Mardi, août 15, 2023

Jennifer Granholm recently announced new funding initiatives aimed at bringing solar panels to disadvantaged residents of Puerto Rico.

Key Points: 
  • Jennifer Granholm recently announced new funding initiatives aimed at bringing solar panels to disadvantaged residents of Puerto Rico.
  • The announcement came during the Hispanics in Energy Reception in San Juan, Puerto Rico on July 31, which marked a significant step forward in addressing energy disparities and advancing clean energy accessibility for Puerto Rico residents.
  • "The IHCC supports member companies such as Great Lakes that look to expand business growth and development in Puerto Rico," stated di Paulo.
  • The company remains steadfast in its dedication to creating lasting impacts in communities and driving progress in the realm of solar energy.

SHENIX® Hosts Successful Chicago Launch of Fintech Web-Based App; Hispanic entrepreneurs and creators showcase services, present discussions about Latinas and finance

Retrieved on: 
Mercredi, avril 19, 2023

CHICAGO, April 19, 2023 /PRNewswire-PRWeb/ -- One hundred dignitaries from the media, business and finance areas, as well as influential Hispanic leaders, came to hear how a trio of Chicago-based entrepreneurs Olga Camargo, Juan Carlos Avila, and Patricia Mota are significantly helping Latinas grow their wealth and expand their financial knowledge through their SHENIX® app.

Key Points: 
  • The company's mission is to address the issue of the Latina pay gap and support Latinas in closing the wealth gap.
  • "The event delivered a better understanding of the career and financial education/resources available to Latinas through SHENIX®," Camargo said.
  • "Those Latinas who attended this event stated it was unique because the information provided was not readily available elsewhere.
  • The event sponsors were the following: NBC 5 Chicago, Faro Advisory, Atzimba Catering and Events, Illinois Hispanic Chamber of Commerce, Negocios Now and Enriquez Produce, Inc.

America's Small Business Development Centers (SBDCs) Host 7th Annual SBDC Day

Retrieved on: 
Mercredi, mars 15, 2023

WASHINGTON, March 15, 2023 /PRNewswire/ -- SBDC Day is a national movement and day of recognition of the SBDC program, its small business clients, and the economic success SBDCs have fostered in communities nationwide.

Key Points: 
  • WASHINGTON, March 15, 2023 /PRNewswire/ -- SBDC Day is a national movement and day of recognition of the SBDC program, its small business clients, and the economic success SBDCs have fostered in communities nationwide.
  • 63 SBDC networks and nearly 1,000 small business development centers provide free advising and low-cost training to help millions of small business owners start and grow their businesses.
  • SBDC partners and supporters celebrate the day by participating in the national SBDC Day Ambassador program, designed for organizations and businesses to get involved in SBDC Day and show their support through social media, blogs, and newsletters.
  • To learn more about SBDC Day and to join the movement, follow the hashtag #SBDCDay and visit www.AmericasSBDC.org/SBDCDay .

Comcast RISE to Award $1 Million in Grants to Small Businesses Owned by Women and People of Color in Cook County

Retrieved on: 
Mercredi, septembre 14, 2022

Comcast today announced it will award $10,000 grants to 100 small businesses owned by women and people of color in Cook County through its Comcast RISE Investment Fund.

Key Points: 
  • Comcast today announced it will award $10,000 grants to 100 small businesses owned by women and people of color in Cook County through its Comcast RISE Investment Fund.
  • This brings the total amount of Comcast RISE Investment Fund grants awarded to $21 million nationwide to date.
  • This is the second time Comcast has opened the fund to Cook County businesses.
  • View the full release here: https://www.businesswire.com/news/home/20220914005937/en/
    The pandemic has affected businesses owned by women and people of color in Cook County and elsewhere exceptionally hard, said Cook County Board President Toni Preckwinkle.

U.S. Hispanic Business Council Opposes United States Army Corps of Engineers' Re-Review of Nationwide Permit 12

Retrieved on: 
Mardi, mai 31, 2022

I submit these comments in my role as the President and CEO of the United States Hispanic BusinessCouncil(USHBC).

Key Points: 
  • I submit these comments in my role as the President and CEO of the United States Hispanic BusinessCouncil(USHBC).
  • Wearea501(c)6nonprofit organizationfocusingonimprovingaccess tocontractingin the public and private sector and fair representation of Hispanics in business, media, and politics.
  • First, the energy sector is a crucialsource of direct and indirect employment and entrepreneurial opportunities for Hispanic-Americans.
  • However, the Corps has now suggested that every material aspect of NWP 12 is back up for review.

Prospera Announces New Aspen Institute Initiative To Support Hard-hit Hispanic-owned Businesses In Miami

Retrieved on: 
Mardi, août 31, 2021

But 81% of our businesses have fewer than 10 employees, among those most affected by the COVID-19 pandemic.

Key Points: 
  • But 81% of our businesses have fewer than 10 employees, among those most affected by the COVID-19 pandemic.
  • We are delighted to play a role in this national conversation and to be selected for this new Aspen Institute initiative," said Myrna Sonora, anchor host for the Miami Entrepreneurial Ecosystem Steering Committee and regional vice president at Prospera.
  • The Stanford Latino Entrepreneurship Initiative also reported 86% of Hispanic-owned businesses experienced immediate negative effects of Covid-19 in the first months of the shutdown .
  • Headquartered in Washington, DC, the Institute has a campus in Aspen, Colorado, and an international network of partners.

Chicago Creative Marketing Firm Creates Protect To Respect COVID-19 PSA Campaign, Firm Partners with Chambers of Commerce, Nonprofit and Local Businesses

Retrieved on: 
Samedi, mai 2, 2020

The firm partnered with the Little Village Chamber of Commerce, the Little Village Community Foundation, Food He.ro, 1871 and the Illinois Hispanic Chamber of Commerce.

Key Points: 
  • The firm partnered with the Little Village Chamber of Commerce, the Little Village Community Foundation, Food He.ro, 1871 and the Illinois Hispanic Chamber of Commerce.
  • This was a collective support for a new partnership designed to improve the ecosystem of small businesses.
  • FourStar Branding's President and Founder Patricia Aguilar explained that the PSA campaign's inspiration came from watching U.S.
  • Little Village Chamber of Commerce Executive Director Blanca R. Soto is proud to be part of this special PSA campaign.