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ONE Inland Empire, in partnership with the Inland Empire Regional Chamber of Commerce, Presents:

'EMPRESARIOS ON THE MOVE'

Latinos in the Mainstream: A Celebration of Latino-Owned Businesses (LOBs)

EXHIBITOR BOOTHS | B2B NETWORKING | FOOD & DRINKS | GIVEAWAYS | AWARDS | ENTERTAINMENT | BUSINESS RESOURCES

ECONOMIC IMPACT OF LOBs

According to the Joint Economic Committee Hispanic Entrepreneurship and Business Brief:

  • Nearly one in four new businesses is Hispanic-owned.
  • The nearly 5 million Hispanic-owned businesses in the United States contribute more than $800 billion to the American economy annually.
  • More than 300,000 Hispanic-owned employer businesses are located across all 50 states and the District of Columbia. These enterprises employ at least one employee other than the owner.
  • Hispanic employer businesses employ about 1 million workers, with more than $100 billion in annual payroll. The number of Hispanic-owned businesses that employ at least one employee other than the owner increased by 14% between 2012 and 2017 — more than twice as fast as the national average.
  • In the decade preceding the pandemic, the number of Hispanic business owners increased by 34% compared to just 1% among non-Hispanic business owners.

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  • BBSI

    People, Process, and Prosperity for your Business.