Report: Hispanic entrepreneurship could mean $1.4 trillion boost to U.S. economy

The number of Latino-owned businesses have grown nearly nearly 50 times faster than non-Latino owned businesses, yet Latino businesses lag far behind in revenue compared to those owned by non-Latinos. The result is a $1.4 trillion opportunity for the U.S. economy, according to a new report from the Stanford Latino Entrepreneurship Initiative.

On Wednesday, the organization gathered founders and CEOs of Mastec, Liberty Power, Senzari, Nearpod, Rokk3r Labs and Endeavor Miami to discuss the findings and what is ahead for its new national project that aims to provide industry research and education programs for accelerating Latino entrepreneurs.

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