Average annual revenue of Latino-owned business increased from $258,702 in 2016-17 to $327,189 in 2017-18, an increase of 26.5%, according to a new study of more than 28,000 businesses conducted by Biz2Credit.
Much of the growth can be attributed to the overall strength of the U.S. economy. Success breeds confidence, and applications for small business loans from Latino-owned companies jumped 22% during the past 12 months. READ MORE AT FORBES
Chicago, IL. - January 2, 2019
The Board of Directors of the Illinois Hispanic Chamber of Commerce (IHCC) has appointed Jaime di Paulo as the new President and CEO. Mr. di Paulo, formerly the Executive Director of the Little Village Chamber of Commerce (LVCC) for the last five years, was selected by the IHCC Board, following a rigorous and competitive search led by Noetic Search.
Over his tenure at LVCC, the budget, membership and volunteer base all grew significantly.
He also was able to build support and participation from elected officials and corporate leaders contributing to heightened visibility for LVCC and increased opportunities for business growth for members and non-members alike. These accomplishments were recognized in 2018, with LVCC being awarded Chamber of the Year by the U.S. Hispanic Chamber of Commerce.
“As the next CEO of IHCC, I have a moral obligation to be personally involved, not only to support business growth and develop our organization, but also to help our Hispanic communities prosper by using our influence proactively with the business community to make a sustainable difference,” said Jaime di Paulo. “In collaboration with the IHCC Board of Directors and staff, my job as leader is to start the fire that fuels the virtuous cycle of success here in Illinois and turn our work into a beacon of hope, creating and shaping the future. One of my key deliverables as I take office next January 22nd, is to ‘imagine’ the IHCC future. With that in mind, we should then concentrate on validating our strategic choices to make them a reality. I am thrilled, excited, grateful and humbled all at the same time. Dreams do come true in Illinois!”
“ I personally could not be more proud of the hard work my fellow board members displayed during this process,” said Board Chair, Juan Gaytan. “We selected Jaime for many reasons but, the key areas, were his understanding of the role of a statewide chamber of commerce, and his demonstrated success bringing government and private sector projects to the Latino business community. The IHCC board and staff is committed to strengthening our member and client businesses and help create a better world through entrepreneurship. With our new leadership we are excited about the future of IHCC.”
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Kelley Francis to Assume Key Role as IHCC's Chief Operating Officer
IHCC is also pleased to announce that Kelley Francis will assume the role of IHCC's Chief Operating Officer (COO). Over the last four months, Kelley has served as the Interim President and CEO, and prior to that as IHCC’s Vice President of Corporate Relations for six years.
Kelley brings a wealth of institutional knowledge and business experience to the position. Kelley has extensive experience in small business consulting, designing and implementing new programs, and sales.
She is passionate about growing businesses, serving diverse small businesses and managing teams. We are very excited to welcome Kelley to this new role.
Connect with the IHCC team today!
IHCC’s mission is to cultivate knowledge, connections and collaboration to effect transformational social change and achieve sustainable economic impact through entrepreneurship.
There are millions of immigrants in the U.S. who cannot leave the country because of their current immigration status and who have not been home in decades.
Two young Latinos are using technology and their immigration experiences to connect families who are separated by countries and continents. READ MORE AT NBC NEWS
The Latino Community Foundation has announced $150,000 in grants to local nonprofits as well as a $1 million commitment for 2019.
The following organizations are sharing the $150,000 in grants:
— Arte Américas
— Centro La Familia Advocacy Services
— Community Center for the Arts and Technology
— Education and Leadership Foundation (ELF)
— Every Neighborhood Partnership
The San Francisco-based Latino Community Foundation has the largest network of Latino philanthropists in the country. It established the 65-member Central Valley Latino Giving Circle in 2016 along with a group of local leaders with an emphasis on local philanthropy. READ MORE AT BUSINESS INSIDER
Do you wake up feeling pumped about work, or wanting to stay in bed? So much of our lives is spent working. Don’t waste those precious hours doing something you don’t care about. At the very least, you should be interested in what you do.
Only 13% of employees worldwide say they are engaged in their jobs. READ MORE AT FORBES
The relationship between Hispanics and technology may seem contradictory in some ways. On the one hand, research conducted by Pew in 2015 has shown that Hispanics are less likely to have an internet connection at home.
Meanwhile, a report by PwC noted something entirely different. It characterized Hispanics as “early tech adopters” and a “mobile-first community,” and it also singled out Hispanics—especially millennial Hispanics—as a group “more likely to use newer technology, such as Bluetooth and wireless headphones, 4K TVs, virtual reality, and drones than the overall population.” READ MORE AT MEDIAPOST
It is no secret that the tech industry has reshaped how society lives – from ordering weekly groceries online, recording fitness goals, revolutionizing healthcare and everything in between. Technology is intrinsic to almost every single thing people do.
With this in mind, the industry creating these ground-breaking solutions must represent the society which uses it so readily - currently, it does not. READ MORE AT FORBES
Job-seekers are used to hearing the same advice, on repeat: Always send a thank-you. Don't lie on your resume. Oh, and that resume -- make sure it's no longer than one page.
Except … that last one might not be so true anymore. As more and more hiring is done online, the one-page rule seems to be going out the window, according to hiring managers and several surveys. READ MORE AT KXNET
There are many moving parts to a job search: research, networking, writing, applying, following up. The list goes on and on. It’s easy to get overwhelmed. Here are five easy, yet important tasks that are easily forgotten:
Consider job search your job. Set a daily schedule. Wake up at the same time you would when you were working. Shower, get dressed and eat breakfast. Block off times for online job searching and informational interviews. End your day by making a to-do list for the next day.
Google yourself. READ MORE AT HOLLAND SENTINEL
Nathalie Molina Niño was 20 years old when she started her first company and since then has worked to champion investment models that will show high returns for women, especially in the long run.
“I don't care about what looks cosmetically good on a headline or an annual report,” shares Molina Niño. “I look for businesses that deliver real, meaningful outcomes for women and the planet.”
Molina Niño credits her own Latinx roots for helping her understand both all she was capable of changing and the very real barriers that she, and so many Latinas like her, have to overcome daily in order to grow. READ MORE AT FORBES
Minorities are more interested in starting their own business compared to the rest of the population, according to a new Northwestern Mutual survey.
More than 65% of the survey’s 8,000 American respondents consider themselves aspiring entrepreneurs, but entrepreneurs of color want to start businesses at a rate of 20% more than their peers.
Minorities were also more likely to start successful side hustles that they want to turn into a business. READ MORE AT YAHOO
Youth is a defining characteristic of the U.S. Latino population. About six-in-ten Latinos (61%) in the U.S. were 35 or younger in 2016. The number of young Latinos –35 million – increased 20% from a decade earlier, making it one of the largest and fastest-growing youth populations in the country.
With a median age of 28, Latinos are also the nation’s youngest major racial or ethnic group. Here are some key facts about them. READ MORE AT PEW RESEARCH CENTER
NBCUniversal’s Hispanic broadcaster Telemundo is developing its first English-language newscast in collaboration with YouTube in a bid to tap the burgeoning U.S. Hispanic youth demographic.
Borne out of a YouTube grant aimed at awarding journalism projects that “elevate quality journalism, evolve business models to drive sustainable growth, and empower news organizations through technological innovation. READ MORE AT VARIETY
Companies in Houston need to bring more Hispanic executives into C-suites and board rooms, or risk losing out on a growing market and large source of talent, Hispanic business leaders say.
Hundreds of people in Houston's Latino business community gathered Thursday night for the Houston Hispanic Chamber of Commerce's "State of Hispanics" event. READ MORE AT HOUSTON CHRONICLE
Vlogging (video blogging) is a form of content creation where a person records their lives to educate, entertain, or share their opinions with others. The topics that vloggers discuss range from silly to serious, from beauty to tech, and Americans appear to be enchanted by the video genre. In a recent study, YouGov Omnibus discovers that over half (52%) of Americans say they watch a vlog and millennials (72%) are especially likely to be viewers. READ MORE AT YOUGOV
Women are taking over the music industry! This year, one Latina musician is dominating the list along with Taylor Swift, Beyoncé and more fierce women. This Latina shook her way up the charts with hit after hit. Sold out stage shows and multiple hosting and production credits. Can you guess who she is? READ MORE AT HOLA
If you're starting to think about looking for a new job, there are new protocols and "rules" to learn before dropping your resume on every online job board. Although the job market is in your favor, employers still dictate the process.
Here's what you need to know to land a new job in the new year.
Learn how ATS works.
Almost every company uses an applicant tracking system to process resumes and build a database of candidates. READ MORE AT U.S. WORLD & NEWS REPORT
Ah, December. A magical month when people are filled with optimism and good will. Take advantage of the holiday cheer and the constant stream of parties in the last few weeks of the year to step up your networking efforts. If you are looking for a new position or want to grow in your current one, holiday parties are the perfect time to build a rapport and establish future connections with those already in your network or about to be.
Whether you're at an office event or a social one, holiday gatherings offer a great opportunity to get to know and impress others who may be able to help your career development. People are generally friendlier and more open during the holiday season making it easier for you to be friendly and open back. Here's how to make these parties work for you. READ MORE AT HUFFINGTON POST
You network with other business leaders to exchange ideas and get advice, like mistakes to avoid or how to manage your time more effectively.
Networking is how you meet professionals, clients and investors who can help your business grow. Networking is crucial for your business to thrive. READ MORE AT ENTREPRENEUR
While the rate of Latino population growth in the U.S. has slowed since the Great Recession, experts say it’s still increasing at an impressive rate.
Of the 2.2 million people added to the nation’s population between 2016 and 2017, Hispanic accounted for slightly more than half of that growth. Today, the U.S. has 59 million Hispanic residents, a figure expected to nearly double by 2060, according to U.S. Census projections. READ MORE AT AZ BIG MEDIA
