Since 1968, this nation has officially observed the cultures and traditions of those who trace their heritage to Spain, Mexico and the Spanish-speaking nations of Central America, South America and the Caribbean. Their contributions to our nation are innumerable. I’d like a moment to reflect on how our nation’s economy is being driven, in large part, by the growing number of Hispanic entrepreneurs.
The Hispanic community is one of the most entrepreneurial groups in the nation. Since 2021, our nation has seen the fastest creation rate of Latino-owned small businesses in more than a decade. According to recent studies, more than 73 percent of small business owners say their business has grown in the last year, with an even higher percentage of Latino owners (80%) saying the same.
As the highest-ranking Latina on the President’s cabinet, U.S. Small Business Administration(SBA) Administrator Isabella Casillas Guzman shares President Biden’s commitment to the success of Latino communities. More Hispanics than ever before are seizing …