Hispanics are opening businesses at a rate almost three times higher than the national average, according to the most recent U.S. Census data. What was once regarded as a minority group now represents the fastest-growing segment of the nation’s economy.
Hispanic-owned businesses represent 16.5 percent of all businesses in California, a fact that well known by government agencies and private organizations. A growing number of organizations are bringing resources to help Hispanic entrepreneurs start, operate and grow their business.