Digital business has become a booming new frontier. But for Latinos, developing new tech companies is virtually an uncharted field.
While Latinos excel in the business world in say, opening a restaurant or building a brick and mortar company, Latino entrepreneurs don’t yet have much of a presence in the digital arena.
“They tend to open businesses two to three times faster, and make up about nine percent of businesses in the U.S. However, we do see decreased numbers when it comes to digital or technology,” said Denisse Olivas, director of the Center for Hispanic Entrepreneurship and marketing lecturer at UTEP
According to a 2014 report by Partnership for a New American Economy, between 1990 and 2013 the number of Hispanic entrepreneurs in the U.S. more than tripled from 321,000 to 1.4 million. Hispanic immigrants, many from Mexico, played a key role in this growth. READ MORE AT BORDERZINE
Comments