Latinos are growing quickly in the United States business ecosystem. According to a recent Stanford Graduate School of Business study, the number of Latino-owned businesses grew a remarkable 57% from 2007 to 2022, and tech-centric Latino-owned companies have shown the strongest revenue growth rates over the past five years compared to other demographics.
Significant barriers remain, however, to the success of Latino founders in the U.S. For example, Latino founders received just 1.5% of U.S. venture funding in 2022, and have some of the lowest approval rates in the country for business loans.
