Hispanic-American Entrepreneurship Summit 2016

In recognition of the Hispanic-American community’s significance to the future of the United States, the Small Business Administration (SBA), alongside the White House, is hosting the 2016 Hispanic-American Entrepreneurship Summit! The Summit will showcase the contributions of Hispanic entrepreneurs and increase discussions centered on strategies to bolster and capitalize on the potential of Hispanic Americans.

The event began with an evening reception on June 27^th and is being followed by a summit taking place today June 28^th in Washington, D.C.

Hispanic Americans:

• There are 57 million Hispanics in the U.S., accounting for 18 percent of the population
• There are over 3.3 million Hispanic-owned businesses in the U.S.
• Hispanic-owned businesses are growing at a rate 15 times faster than the general population
• The Census Bureau estimates that the Hispanic population will more than double by 2060 to 119 million
• In 2015, Hispanic households grew by 245,000, 69 percent of total U.S. household growth
• Hispanics have a purchasing power of $1.5 trillion, projected to increase and account for 10.6 percent of total U.S. buying power by 2019

With engaging sessions from Technology and its Transformational Impact on Jobs and the Workplace to Image as a Barrier to Opportunity: Impact of Negative and Sparse Media Portrayals of Hispanic-Americans, the SBA and White House are not only recognizing Hispanic Americans, they are addressing the undertones hindering this community and elucidating what it means to be Hispanic in this country.

To watch the 2016 Hispanic-American Entrepreneurship Summit live, please, click here.