HISPANIC NETWORK MAGAZINE www.hnmagazine.com
B2B SUPPLIER DIVERSITY
The U.S. Census Bureau conducts various economic and business surveys and produces valuable data for the Hispanic community and minority-owned businesses including detailed statistics that are essential to help small businesses succeed and grow. The U.S Census Bureau also offers the Census Business Builder (CBB), a suite of services that provide selected demographic and economic data from the Census Bureau tailored to specific types of users in a simple to access and use format. In particular, they offer the Small Business Edition for small business owners who need key data for their business plan or to better understand their potential market.
By April 2020, the Hispanic share of the U.S. population was
making people of Hispanic origin the nations second largest racial or ethnic group. Hispanic-owned employer firms account for over
of all minority- owned employer irms in the U.S. Hispanic-owned businesses contribute
billion in U.S. economic output and produce
million jobs per year.
are new to exporting that include online resources in planning an export strategy, choosing the best markets for your product and evaluating potential foreign business partners in advance. The U.S. Patent and Trademark Office (USPTO) offers a hub for resources and information for inventors, entrepreneurs, and small and minority-owned businesses. Through this hub, they offer access to a variety of products and services including how to protect your idea or product, how to search existing patents and trademarks and how to apply for a patent or trademark. NOAAs Jos E. Serrano Educational Partnership Program with Minority Serving Institutions (EPP/MSI) supports the training and graduation of students in NOAA mission disciplines at minority serving institutions. The EPP/ MSI Undergraduate Scholarship Program supports students directly through awards to successful applicants who attend MSIs. Cooperative Science Centers funded by the program and led by MSIs support post-secondary students and increase education and research capacity at MSIs in NOAA mission fields. NOAA also provides a small business hub, with the goal of creating an environment for optimal participation by small businesses, small disadvantaged businesses, HUBZone, Veteran-Owned SB and SDVOSB and woman-owned businesses in NOAA contract awards. The National Telecommunications and Information Administration (NTIA) is directing $268 million to HBCUs, Hispanic-Serving Institutions and other minority-serving organizations through the Connecting Minority Communities Pilot Program. The grants can be used for purchasing broadband internet access service and eligible equipment, or to hire and train information technology personnel. Commerce Grants and Funding Opportunities: This site offers a one- stop shop to search for all open grant opportunities at all Commerce bureaus. In addition, various Commerce agencies offer grant and federal contracting opportunities, including resources for contractors through the Office of Small and Disadvantaged Business Utilization (OSDBU). Additional government tools and resources for businesses, entrepreneurs and minority and women-owned businesses can also be found at sba.gov.
The Economic Development Administration (EDA) provides economic development assistance programs to help communities build back better. With $3 billion in funding from the American Rescue Plan, EDA will implement a series of six programs, collectively called Investing in Americas Communities, to equitably invest in and help communities across the country build back better. Through the Indigenous Communities program, EDA is allocating $100 million in American Rescue Plan funding specifically for Indigenous communities, which were disproportionately impacted by the pandemic. The International Trade Administration (ITA) provides resources and customized services for businesses and minority- owned businesses currently participating in exporting and services to businesses and minority-owned businesses that
Over our nation's history, the Hispanic American community in general, and the Hispanic American business community in particular, has provided invaluable contributions that have enriched America's economy and overall society.Previous Page