Why Latino Entrepreneurship Matters [Infographic]
In 2012, one out of every six Americans was Latino, according to the U.S. Census Bureau. By 2060, the bureau predicts, that number will be one in three.
The Latino population, undoubtedly, is growing—and so are the businesses they create. The number of Latino American entrepreneurs has risen substantially in just the past few years. In 2012, nearly one-in-ten
Latinos were engaged in entrepreneurship, resulting in 3.1 million Latino-owned businesses in 2013.
What does Latino entrepreneurship matter? It's all in the numbers—and the rate at which these businesses are starting and growing, but despite the impressive growth rate, the failure rate for Hispanic-owned startups is higher than those
founded by white or Asian entrepreneurs, according to Kauffman Foundation.
What can Kansas City do to better help Latino entrepreneurs? The National Council of La Raza's annual conference
, taking place in Kansas City on July 11 through 14, should start some gerat discussions. In the meantime, our own Nilson Goes of Infinite Energy Construction
has some ideas. Read his story and other inspiring stories of KC entrepreneurship
And then let us know how you think Kansas City can better serve our entrepreneurs.
Infographic designed by our amazing in-house intern: Laura Parker, whom you find at lauraparker.squarespace.com.