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Hispanic Heritage Month is September 15-October 15. SBA features resources, funding, and training for all Hispanic and Latino entrepreneurs. Para una versión en español de esta página y de nuestro sitio web, visite SBA en español.
Economic impact
According to the Joint Economic Committee Hispanic Entrepreneurship and Business Brief:
- Hispanic or Latino workers have the highest labor force participation rate. They are also among the highest employment rates in the U.S.
- Growth in the number of Latino-owned employer businesses outpaces the national average.
- If the gross domestic product (GDP) output of U.S. Latinos were an independent country, it would rank 5th in the world.
Federal contracting programs
The 8(a) Business Development program offers a broad scope of assistance to firms that are owned and controlled at least 51% by socially and economically disadvantaged individuals.
The HUBZone program fuels small business growth in historically underutilized business zones by awarding at least 3% of annual federal contract dollars to HUBZone-certified companies.
The Women-owned Small Business (WOSB) Federal Contract program is designed to provide greater access to federal contracting opportunities for WOSBs and economically disadvantaged women-owned small businesses (EDWOSBs).
Resources
SBA collaborates with its partners to provide resources to Hispanic and Latino-owned businesses:
Upcoming events
SBA regularly holds online training events. These are for both new and experienced small business owners.
Contact us
Have questions about SBA’s programs and services? Contact your nearest SBA District Office. SBA District Offices offer counseling, training, and business development.