Monday, October 5, 2015

Now Open: 2016 Echoing Green Fellowship Application

The 2016 Echoing Green Fellowship application is now open! Echoing Green is accepting applications for our 2016 class of Fellows until November 17, 2015 at 2:00 pm ET. We’re looking for emerging leaders, driven by a strong sense of purpose, who are ready to challenge the status-quo as they tackle issues facing their communities across the globe.
We’ve pulled together some sample language you can use to share this opportunity among your network:
  • Could you use up to $90,000 to launch your innovative idea, and change the world? @Echoing Green[]’s Fellowship Programs invest in next generation leaders working to solve the world’s biggest problems with up to $90,000 and individualized support to launch your enterprise. Apply by Nov. 17:
Helpful Links

Saturday, October 3, 2015

MBA Entrepreneurs From Top B-Schools Raise $62bn In Venture Capital

Start-up companies founded by graduates of 25 top business schools have raised $62.8 billion in venture capital funding, according to a BusinessBecause analysis of data from PitchBook, a VC and private equity research firm.

PitchBook compiled a ranking of the top global universities and business schools for VC funding.

Top of the MBA list is Harvard Business School, whose 557 entrepreneurs have raised $6.7 billion for nearly 500 start-up companies. One Harvard venture, Oscar Health Insurance, a US health insurance company that utilizes technology and data, raised $327 million, valuing the start-up at $1.5 billion

Read full article

Hispanic Business Growth Outstrips Rest of U.S.

The growth in Hispanic-owned businesses in the U.S. is outstripping that of companies in general, according to a study released Monday.

Between 2012 and 2015, the number of Hispanic-owned businesses has grown at an annual rate of 7.5 percent, 15 times faster than the 0.5 percent growth rate for all companies, according to the study by the consulting firm Geoscape and the United States Hispanic Chamber of Commerce.

There are an estimated 4.07 million Hispanic-owned businesses in the country, up 57 percent since 2007, the study said.

Read full article

Thursday, September 17, 2015

A Peruvian entrepreneur has translated the popular Birchbox concept, a New York-based beauty subscription service, to the Peruvian market.

Inspired by the original e-commerce platform, which encourages beauty buffs to try new products and review them online, Pinallos Delgado launched

Peruvian women can try new products via a ‘discovery’ subscription as well as purchase beauty products and join an online community to share reviews.

“We wanted to come up with an idea that could work in Peru and the region, that was scalable and that could fit with our personal interests,” Delgado told the Financial Times.

DeluxeBox has now been trading for two-and-a-half years and boasts 10,000 customers and relationships with 90 beauty and personal care brands. The company, which was financed through savings and investment from Peru’s Wayra accelerator program, broke even for the first time last year.

Delgado is now considering expansion within South America and branching out into products for men as well as developing business intelligence for beauty companies based on the information collected from customers. “We have presented our start-up to investors in Colombia and Peru, and are evaluating and negotiating our second investment round,” she noted.

Monday, September 14, 2015

Entrepreneurial Advertising: The Future Of Marketing

Americans love entrepreneurs. The risk and drama of business keeps us watching shows like Shark Tank and putting innovators like Mark Zuckerberg and Seth Godin on high pedestals. We love the idea that anyone can turn an idea into an empire. We might adore pro athletes and gawk at celebrities. But we want to be entrepreneurs.

Entrepreneurism is on the rise, across all industries. According to a study by the Kauffman Foundation, U.S. entrepreneurial activity grew this year at a rate faster than it has in two decades. Some people are leaving the comfort of corporate to start their own ventures, and the rate of U.S. freelancers has hit a record 34%.

Read full article

Sunday, September 13, 2015

The fastest-growing group of entrepreneurs in the U.S.? Minority women.

It has never been a better time to be a female entrepreneur.

At least that’s what Carla Harris, chair of the National Women’s Business Council (NWBC), believes. “It’s the perfect storm of opportunity,” she says during a press briefing on 2012 data from the Survey of Business Owners.

This “perfect storm” is a combination of, among other forces, historically low interest rates, record amounts of cash in the U.S. economy, a growing presence of women on boards, and the rising numbers of women earning bachelors’ degrees.

Read full article

Thursday, September 10, 2015

The next Silicon Valley is Latin America, says Gartner

Latin America is bound to make the most noise in innovation and digital business, according to IT research company Gartner.

"We are living the Latin America moment," said VP of research Patrick Meehan during the Gartner CIO & IT Executive Latin America Summit in Mexico City. He added that "no other region in the world" offers the same capacity to become the next IT world hub.

Read full article

These 36 Young Entrepreneur Teams Are Going to New York City to Pitch Their Business Plans in the NFTE National Youth Entrepreneurship Challenge; Winner Will Take Home $25,000 in Cash & Prizes

NEW YORK, Sept. 10, 2015 -- Young entrepreneurs from Miami to Boston and Los Angeles and major cities in between will be in New York City to compete in the National Youth Entrepreneurship Challenge – presented by the Citi Foundation– where the winner will receive a prize package valued at $25,000 in direct funding, scholarships and business support services.

Network for Teaching Entrepreneurship (NFTE) will host the finals of the 10th annual Challenge at the AXA Event & Production Center in New York City on October 6, 2015.

All participating young entrepreneurs are listed below by region. Each business in the Challenge is a first or second place winner of NFTE's regional challenge in their area, or is one of the five top winners out of 20 recent NFTE Make Your Job BizCamps, a national program funded by the Citi Foundation as part of its Pathways to Progress initiative to promote career readiness.

Downey, CA  
Kenneth Huertas - A Touch of Eco – an environmentally-friendly mobile auto detailing service in the Greater Los Angeles area.

Fresno, CA
Omar Barriga - New Generations Teen Night Club - a safe and secure, alcohol and drug free nightclub for teens within the Fresno area.

Patrick Rogers & Faith Zavala - 4:13 Supply Co – a spiritually based clothing line inspired by the scripture Philippians 4:13.

Hayward, CA 
Samantha Faxon & Sharlyn McClendon - Your City Gold Card - a year-long, reusable discount card that supports local businesses, employs teens with part-time jobs, and helps raise funds for schools.

Lawndale, CA 
Crystal Sanchez - Guardian Locket – a fashionable security necklace disguised as a regular piece of jewelry, empowering women to contact local law enforcement when threatened by an attacker.

Los Angeles, CA 
Elijah Jobe - HoopDreamz  - an app that allows basketball players and fans to find recreation centers and parks in their area in order to meet up and play basketball.

San Jose, CA 
Cristina Lawson - Kinetic – a product which harnesses your kinetic energy as you walk or run and converts it to electricity to power your phone or electrical device.

Hartford, CT
Selma Ahmetovic & Selma Mustabasic - So Scentsational, LLC - Eco-friendly, hypoallergenic and sustainable candles that embody personality and creativity.

Newark, DE
Angelique Shepard - Paper Pic Designs- a design solution to customize notepads.

Coral Springs, FL
Jason Ramadan - Cliff Fall - an iOS game with a more personalized and user-friendly experience.

Plantation, FL 
Alyssa Brennan & Aviva Grimmett – BloodBand – a retail/manufacturing business that enlists laser technology to eliminate the need to prick oneself in order to monitor blood sugar levels.

Sunrise, FL 
Kevin Diniz - Easy Scholar - an app that allows students to find relevant scholarships.

Tucker, GA
Rohit Pellai - Reserve My Spot - an app which allows students to find and reserve parking spots and provides an extra layer of security for school officials.

Chicago, IL
Marcos Quiroz & Eduardo Reyes - Inventive Smoothies - a food truck selling healthy smoothies in the Chicago area.

Davon Smith - Level UP! - matches a student's Lexile score to an interest survey to help the student select interesting and engaging texts.

Lawrence, MA
Yoanna Rodriguez & Tamara Rodriguez - Star Athletes –  a professional videographer service dedicated to creating "highlight" videos for college athlete recruitment.

Baltimore, MD
Javon Gholston & Michael Heier, Jr. - Power To The PCB - an engineering tool design company dedicated to making more efficient work tools for those working in electronics.

Colton Ross - Kickies Cookies - artisanal caffeinated cookie business.

Ferguson, MO 
Destiny Davis - DestinTees Custom Tees & Apparel - a company that designs high-quality, customized T-shirts.

Jacob Tiemann - Sneaker Trade- an app which allows users to sell and trade shoes.

Armani Tomlinson - Keeja Custom Cases - an LLC business which provides custom iPhone cases.

Brooklyn, NY 
Hariella Lawson & Desiree Michel – TeenWork -a mobile application designed to give teenagers ideas, motivation and summer opportunities around and outside their communities based on their interests.

Jamaica, NY 
Alexandria Rodriguez – HealthyMe – a diet app dedicated to providing emotional and technical support as well as clinically-based dietary data for those trying to lose weight.

Queens, NY
Urbana Anam & Jannatul Rowshan - Urbanalifa Hijabs - customizable and fashionable Hijabs for Muslim women looking to reveal their sense of style while maintaining their religious modesty.

Yonkers, NY
Christie Medina – Tacitas - Gourmet Hispanic baked goods.

Painesville, OH  
Ryan Hyde - Ignited Innovations - concrete-based, environmentally friendly products to enhance the décor of your home and living space.

Joey Orosz – Embracelets - handmade bracelets promoting cause awareness and sold wholesale for fundraising events.

Philadelphia PA 
Shemar Coombs & Aissata Coulibaly - Rap-It-Up – a phone case with a built-in groove to allow for easy headphone storage.

Charleston, SC 
Caleb Milligan - Caleb Alexander: The Next Generation of Magic – an affordable, fresh and innovative magic show that appeals to today's 21st century audience.

Mt. Pleasant, SC 
Connor Simonson - Deep Fried Dyes - Professional string and dye jobs for lacrosse players: enhancing style and improving performance on the field.

Dallas, TX 
Emily Raney - Alloy Interp – a custom design jewelry company that utilizes various metals, beads, and even gum wrappers to help young girls express their individual styles.

Irving, TX 
Ashley Gonzalez & Roha Nehas - Beat The Heat Headwear - a head band containing a cooling-gel sewn into it that keeps your head cool during outdoor activities.

Alexandria, VA 
Ramsey Benzina & Jacob Katz - Jams Music Group - a music platform and management group geared to provide every aspiring musician with equal opportunity to create a career in music.

Washington, DC 
Justin Godby, William Leach – GetYourHeat – a distributor of exclusive, hard-to-attain shoes/sneakers in the DC area.

In addition, NFTE is giving these finalists their first big break with 60 seconds to sell their business idea to the world, in an online "elevator pitch."  Voting is open now through October 3 here:

The nominee who earns the most unique votes from the general public will receive an award of $2,500 toward advancing their education or getting their business off the ground.  The winner will also be announced at the National Youth Entrepreneurship Challenge.

Student photos, more detailed biographies and information about their businesses is available.

Network for Teaching Entrepreneurship  
Since 1987, the Network for Teaching Entrepreneurship (NFTE) has taught and inspired more than 600,000 young people to pursue educational opportunities, start their own businesses, and succeed in life. By providing entrepreneurship education programs relevant to the real world, NFTE empowers students to own their education and future success. NFTE has programs in 14 U.S. program offices and in 8 countries. To learn more visit, like us on Facebook at and follow us on Twitter at @NFTE

About the Citi Foundation 
The Citi Foundation works to promote economic progress and improve the lives of people in low-income communities around the world. We invest in efforts that increase financial inclusion, catalyze job opportunities for youth, and reimagine approaches to building economically vibrant cities. The Citi Foundation's "More than Philanthropy" approach leverages the enormous expertise of Citi and its people to fulfill our mission and drive thought leadership and innovation. For more information, visit

SOURCE Network for Teaching Entrepreneurship

Latino Small Business Owners Faced Challenges and Opportunities in Securing Funding

NEW YORK (September 10, 2015) – Today Biz2Credit, the leading online platform for small business funding, released a study showing that Latino small business loan applications grew 18 percent, however, Latino business owners lag behind in the necessary factors needed to secure financing such as annual revenue, credit scores, age of business and operating expenses.

The study found that the average annual revenue for Latino-owned businesses was $68,540, trailing slightly behind the average annual revenue of $70,641 for non-Latino-owned businesses (though an improvement from the previous year). Average operating expenses were also significantly lower at $18,334, contrasted with $24,857 for non-Latino businesses. The average age of Latino businesses was younger at 22 months vs. 25 months for non-Latino businesses. Meanwhile, the average credit score for Latino-owned businesses applying for loans was 603, compared to 614 for all others.

“This year's study was interesting because we found that Latino businesses made gains in number of loan applications and certain industries saw higher growth, however, they still need to catch up to non-Latino businesses in many areas,” said Rohit Arora, chief executive officer, Biz2Credit. “It’s an exciting time because Latinos are one of the fastest growing populations in the U.S. with 43 percent growth since 2007. We believe that this population will soon be on par or surpass non-Latino businesses.” 
The Top 5 states for Latino-owned small business loan applications were: Texas (16.4%), California and Florida tied at (15.7%), New York (9.1%) and – for the first time – Georgia (3.0%). All five states represented 60% of the loan requests made by Latinos in the past year.

The top industries that grew the most in the past year were: Services (30.5%), which grew 5%; followed by Transportation and Warehousing (8.8%), which grew 3%.

For more information on the study and to view the infographic, please click here. 

About the Biz2Credit Latino Small Business Credit Study
Biz2Credit analyzed the financial performance of more than 1,000 Latino-owned businesses with less than 250 employees and less than $10 million in annual revenues from across the country that have been in operation for more than 1 year, as well as startups.

About Biz2Credit
Founded in 2007, Biz2Credit has arranged more than $1.2 billion in small business financing and is widely recognized as the #1 online credit resource for startup loans, lines of credit, equipment loans, working capital and other funding options in the U.S. Using the latest technology, Biz2Credit matches borrowers to financial institutions based on each company's unique profile -- completed in less than four minutes -- in a safe, efficient, price-transparent environment. Visit, follow on Twitter @Biz2Credit, and join on Facebook at See infographic here 

Thursday, August 20, 2015

U.S. sees big spike in black and Hispanic women entrepreneurs

On Wednesday, the National Women's Business Council released an analysis of preliminary Census data which showed there were nearly 10 million women-owned small businesses in the U.S. in 2012, an almost 22% increase from 2007. (The Census defines a woman-owned business as one where a woman owns 51% or more of the business equity of stock).

While men still own more businesses than women, women-owned businesses grew at a rate of four times that of male-owned businesses. In 2012, men owned nearly 15 million businesses.
Overall, women-owned businesses earned a total of $1.6 trillion between 2007 and 2012 and the vast majority (89.4%) were run by sole proprietors, meaning the only employee was the owner.

Read full article

Thursday, August 6, 2015

Latin America: Low-Income Millennials Present Big Market Opportunities

Hardly a day passes without a new article on how businesses are analyzing the needs, wants and spending trends of millennials. In the US alone, millennials (or Generation Y), those born between 1980 and 2000, represent 30 percent of the population. By 2025 they will be 75 percent of the workforce.The impact that millennials are starting to have on the global economy, the environment, and politics is enormous.

But “millennial mania” is dominated by studies, research and marketing efforts that focus on affluent individuals. Meanwhile, in Latin America and the Caribbean a market of 77 million low-income millennials goes almost unnoticed.

Read full article

Friday, July 24, 2015

Sandra Diaz >

Sandra Diaz, Owner, Diaz & Co.

What do you need to be an entrepreneur?
Perseverance, curiosity, adaptability and ability to motivate others.

What inspired you to start your business?
People kept contacting me to advise them on developing a roadmap to market their products and services to U.S. Hispanics.

How did you finance it?
So far, from organic growth.

Does being Hispanic/Latina have any influence on your business?
It allows me to bring a personal point of view to client challenges in addition to the professional knowledge, which builds credibility.

In the face of adversity, how do you decide to drive ahead?
Prayer, engaging coaches and sharing with trusted peers to uncover new ways to tackle the issues.

What is the biggest challenge your business has faced?
Time management, especially trying to decide between good and best opportunities.

If you could change one thing about your business. What would it be?
I would like to have a partner.

What was your childhood ambition?
In grade school, to be an Astronomer. In high school, to be a Fashion Designer. My parents were scientists and my mom also owned several fashion and textile businesses.

Tell us about three entrepreneurs that you admire.
My mom, for her perseverance and leadership.
The late Tere Zubizarreta, for pioneering the Hispanic/ multicultural marketing industry as a woman in the 70s.
Carlos Santiago from Santiago Solutions Group, for his analytical approach to driving growth from cultural and generational segments.

For business meetings, which do you prefer: breakfast, lunch, or dinner?
Whatever works best with my commute schedule so that I do not have down time in between meetings.

What sacrifices in your personal life did you have to make in order to become successful in your business?
Moving from an apartment in Manhattan to a room in somebody else’s house in Brooklyn for four years to save on rent.

What is your favorite quote?
“I have had a lot of very expensive learning experiences, but I’ve never let them stop me from getting up in the morning and trying again.” Larry Levy, Co-Founder, Levy Restaurants; Chairman and CEO, The Levy Organization.

Is it difficult to be unconventional?
Not usually, but sometimes it feels lonely

Biggest mistake made?
Letting the tight timeline of a potential client dictate my way of communicating or doing business. And not giving people feedback before I decide to stop working with them.

Do you consider yourself an innovator? Why?
Yes because I like to find ways to challenge the status-quo and am always learning new things.

About Diaz & Co. 
Diaz & Co. is a boutique strategy consulting firm that equips brands and retailers to grow business and reduce inefficiencies by catering to U.S. Hispanics while meeting the needs of mainstream shoppers at the same time. Our strategic solutions and training enable companies to maximize the Hispanic appeal of their mainstream initiatives while identifying if and how they should pursue Hispanic-specific strategies to address any offering, messaging and/or media gaps.

Wednesday, July 8, 2015

Guilbert Englebienne, Globant Founder

Guibert Englebienne tiene 48 años y nació en Mar del Plata.
Es ingeniero en sistemas.
@guibert y se define como: Outdoor sport lover, rockstar wannabe. Globant igniter, Endeavor evangelist.
En 2002 fundó Globant junto a sus amigos Martín Umaran, Martín Migoya, Néstor Nocetti.
En 2014 Globant comenzó a cotizar en el NYSE (GLOB). Tiene un market cap de US$ 750 millones y un precio de acción que ronda los US$ 22

Monday, June 29, 2015

Meet The Latino Entrepreneur Who Aims To Transform A Trillion Dollar Market

A few years ago, Edrizio De La Cruz had a great idea:  a better way for émigrés to send money back home by reducing the friction caused by middlemen (the incumbent service providers).  The idea catapulted the Dominican Republic-born Wharton grad into the higher echelons of the startup world, landing him onstage at Demo Day for Y-Combinator’s class of 2013.  

He then secured $3 million in funding, which — as my good friend Tiq Chapa at the Stanford Latino Entrepreneurship Initiative has said– is one of the few real VC scores for Latino entrepreneurs “east of the Mississippi.” Regalii, his company, is based in Washington Heights in Upper Manhattan, one of the largest hubs in the world for Dominican émigrés.

Read full article

Tuesday, June 23, 2015

Nation’s Top Entrepreneurs Of Color To Convene In New Orleans July 1-3 For 2nd Annual Powermoves Nola Conference

NEW ORLEANS (June 23, 2015) — PowerMoves.NOLA is convening the country’s premier entrepreneurs of color for its second annual national conference in New Orleans on July 1-3, 2015 to coincide with ESSENCE Festival® presented by Coca-Cola®. The three-day event is designed to connect nationally-sourced entrepreneurs with a preeminent network of advisors, experts, and investors. The conference advances PowerMoves.NOLA’s mission to increase the number of America’s venture-backed, minority-founded companies in high-tech and high-growth sectors. It is made possible through the generous support of Chevron as Founding Sponsor and Morgan Stanley as Presenting Sponsor.

“Entrepreneurs of color do not typically have access to deep pools of capital, and this event is about identifying the very best of this historically overlooked talent pool and connecting them to experienced investors. The entrepreneurs get unparalleled access, and the investors are exposed to attractive prospective investment opportunities at reasonable valuations,” said Earl Robinson, the president of PowerMoves.NOLA.

More than 50 highly-regarded investors and advisors and some 40 entrepreneurs will be in attendance. In addition to hand-selecting the nation’s most promising entrepreneurs of color, several invitation-only events ensure top-quality deal flow.

The conference will also include the culmination of the PowerUp Boot Camp for early-stage entrepreneurs of color. The intense program helps them develop viable brands, produce effective business models, and prepare for the Demo Day presentation to potential investors held at the conference on July 3.

For descriptions of all participating entrepreneurs, visit


Entergy Angel Pitch
This pitch will feature five early-stage entrepreneurs competing for a $25,000 cash prize.
July 2, 9AM - 10:30AM, Club XLIV in Champions Square (LaSalle St)

Morgan Stanley Series A Pitch
This pitch will feature five later-stage entrepreneurs competing for a $25,000 cash prize.
July 2, 11AM - 12:30PM, Club XLIV in Champions Square (LaSalle St)

PowerMoves Alumni Panel
This panel will feature former PowerMoves.NOLA Pitch and Demo Day participants as they discuss their experiences scaling their startups and raising capital as entrepreneurs of colors.
July 2, 2PM - 3:30PM, Club XLIV in Champions Square (LaSalle St)

Morgan Stanley FinTech Showcase
This showcase will feature five entrepreneurs representing the financial technology field present their business models to a select group of investors and industry business leaders.
July 3, 8:30AM - 10AM, Freeport-MacMoRan Building, 1615 Poydras Str, 23rd Floor

PowerUp Demo Day presented by IBERIABANK
Twenty early-stage tech entrepreneurs of color will culminate their 6-week boot camp at the PowerUp Demo Day where they will pitch for the chance to win a $15,000 cash prize.
July 3, 10AM - 11:30AM, Pan American Life Building, 601 Poydras St. -20th Floor - IBERIABANK Atrium

Big Break Power Pitch
Four consumer-focused startups founded by entrepreneurs of color will compete at the 2015 ESSENCE Festival® presented by Coca-Cola® for the chance to get their “Big Break.” The winner will receive a $25,000 cash prize and exposure to investors and business leaders. The Big Break Power Pitch will be moderated by Carla Harris, Vice Chairman, Global Wealth Management, Managing Director and Senior Client Advisory at Morgan Stanley.
July 3, 1:30PM – 2:15PM, Center stage in the Ernst M. Morial Convention Center

More about the conference at

PowerMoves.NOLA is a national initiative to deploy innovative ideas, fresh approaches, and an overall commitment to equity and diversity as a growth strategy to address the generational obstacles that prevent minority entrepreneurship. Leveraging the thriving entrepreneurial ecosystem, resources, and culture of New Orleans, PowerMoves.NOLA’s mission is to increase the number of venture-backed minority-founded companies locally and nationally.

PowerMoves.NOLA is made possible through the generous support of its sponsors including Chevron as Founding Sponsor and Morgan Stanley as the Presenting Sponsor. Other major sponsors include Entergy, IBERIABANK, Liberty Bank, Minority Business Development Agency (MBDA) and ESSENCE Festival® presented by Coca-Cola®.

In addition to the national conference, programs include City Ventures, PowerUp Boot Camps, and a fellowship.

City Ventures
City Ventures introduce regional and national startup talent to partner cities, highlight existing local entrepreneurial resources and ecosystems, and aid in the strategic positioning of those cities as regional hubs for high-growth and high-tech entrepreneurs of color. City Ventures kicked off with the activation of PowerMoves@Detroit sponsored by Morgan Stanley in April.  Co-hosted by Invest Detroit, PowerMoves@Detroit was a three-day event in which local and nationally recruited entrepreneurs of color participated in venture capital pitch competitions, vying for $120,000 in direct prizes and a chance to raise their visibility to other investors.

A short video on PowerMoves@Detroit can be viewed here:

PowerUp Boot Camp
PowerUp is an intense boot camp training for early-stage entrepreneurs of color to develop viable and fundable business models with advice from successful entrepreneur and investor mentors. The boot camp begins with a 6-week virtual program where companies attend interactive sessions covering specific entrepreneurship-related topics and pitch coaching. Participants are then brought together for 2-days of mentor-led workshops, peer learning and networking.

The Fellowship
The Fellowship, sponsored by Chevron, helps high-growth minority-led startups succeed by individually connecting them to executive, capital and technical assistance through a national network of advisors, mentors, experts and investors.  Selected Fellow received $25,000 in investment capital and free office space during their fellowship year the PowerMoves headquarters. Eligible startups commit to have a C-Level executive and be at 25% or more of their FTE employees living in the New Orleans for at least a year.

More at

Monday, June 22, 2015

La Placita offers testing ground for Hispanic entrepreneurs

The maker movement is on the rise in Cleveland, and a new effort aims to capture that entrepreneurial spirit in the Hispanic community clustered in the Clark-Fulton neighborhood.

Last month, La Placita at West 25th and Clark premiered its first-ever open-air market, showcasing 30 eclectic local makers and food purveyors. Hundreds came out to experience the blend of rich culture and unique businesses.

Read full article

Thursday, June 18, 2015

43 lessons growing from $0 to $1+ million in revenue, twice

I realized the other day that we’ve grown from $0 to $1 million with two separate products (HelloSign and HelloFax). This happened a long time ago, but I was recently reflecting on the lessons.

I found a lot of growth truisms to be false. We’ve learned a lot. Some lessons were painfully won, which is why I may sound strongly opinionated about them. They also may be slanted towards B2B products, but I wouldn’t discount them if you’re not in that space.

Read full article

Wednesday, June 10, 2015

Intel launches investment fund for minority, women-led firms

SANTA CLARA, California (AP) — Intel is launching a $125 million investment fund for technology startups led by women and minorities, a move the chipmaker says is aimed at changing the face of Silicon Valley.

The new fund, which is unusual for its focus on minority-led companies, is part of a broader effort that Intel CEO Brian Krzanich has launched amid widespread criticism of a U.S. tech industry dominated by white male executives and investors.

Krzanich announced plans earlier this year to spend $300 million on diversity efforts and pledged to make Intel's workforce and executive ranks more closely resemble the U.S. workforce by 2020. Intel has previously said its workforce is about 24 percent female and 12 percent black and Hispanic. The U.S. workforce is about 47 percent women and 26 percent black and Hispanic.

Read full article

Tuesday, June 2, 2015

BCC to target Hispanic businesses with accelerator

Hispanic entrepreneurs could soon reap the benefits of a program in the Meadowlands specifically aimed at helping Latino startups.

Bergen Community College has signed a memorandum of understanding with the Statewide Hispanic Chamber of Commerce of New Jersey to develop a start-up assistance program, or business accelerator, that both organizations believe would be the first in New Jersey aimed specifically at Latinos.

Read full article

Monday, May 18, 2015

Jersey City holds Hispanic Entrepreneur and Small Business Conference

Jersey City held its first Hispanic Entrepreneur and Small Business Conference at City Hall on Wednesday to offer services to those trying to start, grow or expand Jersey City small businesses.

Attendees heard from a number speakers and officials, including Carlos Medina, president of the Statewide Hispanic Chamber of Commerce of New Jersey; Maria Nieves, president and CEO of the Hudson County Chamber of Commerce; and Chris Murphy, manager of Statewide Strategic Initiatives for the New Jersey Department of Labor.

Thursday, April 9, 2015

Jennica Carmona >

Jennica Carmona, Owner, Si Se Puede Productions, LLC

What do you need to be an entrepreneur?
Ambition, focus, organization, and determination.

What did inspire you to start your business?
The desire to create opportunities for myself as well  as for  my colleagues.

How did you finance it?
Fundraising events, grants, and personal investments.

Being Hispanic…Does it have any influence on your business?
Yes. We choose to work on projects with a Latino theme, and/or work with Latino and other minority groups during productions.

In the face of adversity, how do you decide to keep going?
You have to believe in yourself and what you are doing. Believe that what you are doing will have a powerful and positive impact on other people- that will give you strength to keep going!

What is the biggest challenge your business has faced?
Raising the funds to complete the film, “Millie and the Lords”.

If you could change one thing about your business, what would it be?
I wish we had a larger staff to help with administrative tasks. We are a group of three and currently
do it all on our own.

What was your childhood ambition?
To be a dancer.

Tell us about three entrepreneurs that you admire?
I admire filmmakers Spike Lee, Ava Duvernay and Leon Ichaso.

For business meetings: breakfast, lunch, or dinner?
Breakfast- I have more energy at the beginning of the day!

What sacrifices on your personal life did you have to make in order to become a business success?
It’s a huge time commitment and you can’t always be with your family as much as you would like to be. Your relationships may suffer. It takes a lot of patience and understanding on the part of your loved ones. So I sacrificed a lot of time with family and friends.

What is your favorite quote?
“Just don’t give up trying to do what you really want to do. Where there is love and inspiration, I don’t think you can go wrong”. (Ella Fitzgerald)

Is it difficult to be unconventional?
Yes, very. Particularly as a Latina woman. There are so many traditional roles that you are cast in, so many expectations. It’s hard to stand up to that and say no, that’s not what I want, I want to do something different. It may not be right for you, but it is for me.  

Biggest mistake made?
I don’t believe in mistakes- I believe in “learning opportunities”. 

Do you consider yourself an innovator? Why?
Yes, I do. I started my own production company with my sister and husband. That takes a lot of effort and hard work, not everybody does that. We don’t have big names or a lot of money, but we have a lot of passion and are willing to work hard to achieve our goals. I also think that we are innovators in the sense that we are creating opportunities for other artists, and we inspire others to do the same.

About the Company
We are a small independent production company that produces film and theater. Our first film, “Millie and the Lords”, is currently touring the film festival circuit. We have received the best Feature Award from the Viva Latino Film festival as well as the Award of Excellence from The Rincon International Film Festival. 
Our current play, Elvira, is currently touring at various college and universities throughout the country. 
Movie site is :
Personal site is:
Facebook: Millie and the Lords

Saturday, February 14, 2015

Andre Hidalgo >

Andre Hidalgo, Owner, 2 Strong Music

What do you need to be an entrepreneur?

Passion, Hustle perseverance cause with out those it will never happen.

What inspired you to start your business?
My love for Bachata Music & after launching Aventura's career I just had to keep going.

How did you finance it?
At first it just worked my regular 9 to 5 and payed everything my self then as time went by the music started paying for itself.

Does being Hispanic/Latina have any influence on your business?
Yes of course as I run a mainly Latin based Record Label.

In the face of adversity, how do you decide to drive ahead?
Sheer will power and inspiration from my own work and what I had already accomplished.

What is the biggest challenge your business has faced?
The greed of others in the industry which in turn brings disloyalty, hate & opportunities blocked. 

If you could change one thing about your business. What would it be?
I would make the industry more united & honest.

What was your childhood ambition?
Funny but my childhood ambition was to have beautiful big family, marriage, kids & house was all I needed.

Tell us about three entrepreneurs that you admire.
Steve Jobs, P Diddy and Pitbull.

For business meetings, which do you prefer: breakfast, lunch, or dinner?
I prefer lunch or dinner.

What sacrifices in your personal life did you have to make in order to become successful in your business?
My biggest sacrifice was having less time with my kids & of course never sleeping.

What is your favorite quote?
"I'd rather die on my feet than live on my knees" ; "Love & Loyalty" which are words i live by. The second one I'm not sure if its a quote that out there but its a quote that I always use.

Is it difficult to be unconventional?
It is at times because most people dont understand or get the genius behind some unconventional ideas & a lot of the times these are the ones that make history or change the world.

Biggest mistake made?
Trusting people too much, believing in there honor, morals or dignity that is usually not there.

Do you consider yourself an innovator? Why?
Yes I do. Mainly because I think outside the box; I usually see what most don't. I never just follow the crowd; I'm not afraid to try the new different things that i know can work.  Its just a shame not everyone realizes that ....haha.

About the Company
2 Strong Music is a Latin indie Record Label it was founded in 2001 By Andres (DRE) Hidalgo CEO, Producer and owner. A visionary in the Latin Urban Music world Andres has solid experience discovering, producing, developing & managing artists into award winning overnight success stories! Such as Aventura, Xtreme and Prince Royce.
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Saturday, December 20, 2014

Leticia Moreinis Schwartz >

Leticia Moreinos Schwartz, Founder,  Chef Leticia

What inspired you to start your business?
A desire to communicate my passion for cooking and writing about Latin culture.

How did you finance it?
I am in the process of working with sponsors.

Does being Hispanic/Latina have any influence on your business?
Absolutely!! My business is based on sharing the love for Latin culture!

In the face of adversity, how do you decide to drive ahead?
I will use Martin Luther King’s words to answer this question:
“If you can’t fly, then run
If you can’t run, then walk
If you can’t walk, then crawl,
But whatever you do,
You have to keep moving forward.”

What is the biggest challenge your business has faced?
As any start up, the beginning is always hard.

If you could change one thing about your business. What would it be?
I would like to take it to the next level.

What was your childhood ambition?
At what age? The things I wanted at 10, were not the same I wanted at 12, and not the same when I was 16. Somewhere along those years, I wanted to own a restaurant. But then, when I actually worked in restaurants, I decided to find another dream.

Tell us about three entrepreneurs that you admire.
Jorge Paulo Lehmann, Brazilian investor;
Sophia Vergara, Colombian actress capitalizing on Latin culture;
Rachel Ray, making a fortune on all things cooking/media.

For business meetings, which do you prefer: breakfast, lunch, or dinner?
I prefer lunch.

What sacrifices in your personal life did you have to make in order to become successful in your business?
I have to say no to a lot of things in order to focus on my business.

What is your favorite quote?
"There are two ways to live your life. One is as though nothing is a miracle. The other is as though everything is a miracle."
--Albert Einstein

Is it difficult to be unconventional?
Not at all, I was born this way.

Biggest mistake made?
Mistakes are evaluated by its margin of error. When I was in my 20’s and early 30’s I could afford them. I said yes to many wrong things and no to many right things. I could recover because time was on my side. Now, mistakes are almost shameful. I have another quote for that: “ When you repeat a mistake, it’s not a mistake anymore. It’s a decision”. Paulo Coelho

Do you consider yourself an innovator? Why?
Yes, I am trying to create something that doesn’t exist yet.

Description of the company:
Teacher. Author. Spokesperson. Personality.
Leticia Moreinos Schwartz has built a career on the passion for Latin cuisine. She was born and raised in Brazil, received a BA in economics and worked in finances. She moved to NYC and studied Culinary and Pastry Arts at the French Culinary Institute. She continued her training at legendary restaurants like Le Cirque 2000, La Grenouille, La Caravelle and Payard Patisserie and Bistro.
She then studied Journalism and started a food blog. Her first cookbook The Brazilian Kitchen was published in 2010 and won the World Gourmand Cookbook Awards for Best Latin Cookbook. Her second cookbook, My Rio de Janeiro: A Cookbook was published in 2013 to raving reviews.
She is the spokesperson to Merck’s diabetes campaign Desafiando La Diabetes, with interviews in Spanish, English, and Portuguese. Among her tasks, Leticia develops diabetic-friendly recipes for the campaign. She was as a featured guest on Sara’s Weeknight Meals, and has appeared on several TV shows including The Today Show. Leticia’s main goal is to bridge business and promotional interests between Brazil and Latin America with the rest of the world. She is working on a cooking show about Latin Cuisine.

Leticia Moreinos Schwartz
Author of The Brazilian Kitchen & My Rio de Janeiro: A Cookbook.

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