“Remarkably, growth in the number of Latino-owned firms in the United States is outpacing growth in number among other firms. This high business creation rate is unique in the U.S. because the five-year average growth rate in the number of Latino firms has remained at double or triple that of the national average for the past fifteen years. This growth presents a great opportunity to expand the U.S. economy.”  – State of Latino Entrepreneurship 2016 report by the Stanford Latino Entrepreneurship Initiative

Many in the Hispanic community dream of having their own business someday. Unfortunately, lack of crucial information stops some of them from attempting to launch their business. If not having the right information is what stops you from getting your own business off the ground, then make some time in your busy schedule to attend a special event that will offer information to help you start.


This event is offered by the Illinois Small Business Development Center (SBDC) WIU-QC Campus and it will be on Thursday, August 24, from 6:00 to 7:45 PM at the Esperanza Center located at 335 5th Avenue in Moline, IL. (the old Ericsson School) Register before August 22 at and sign up at Upcoming Events. For registration in Spanish  go to

There will Spanish speaking interpreter available at the workshop. This is a free event and open to the community.

“It has never been done before,” Ann Friederichs, Business Advisor from the Illinois Small Business Development Center, said. She also added that everyone is welcomed to attend.

This particular information filled event is to help the Hispanic community to be informed about how to start a small business. That is why it is good to know that according to Alvaro Macias, AVP Community Development from Ascentra Credit Union, Ascentra has a designation of Juntos Avanzamos (Together We Advance).


“[This designation means] Credit Unions are committed to serving and empowering the Hispanic community,” Mr. Macias explained.

Alvaro Macias said that Ascentra Credit Union is here to help everyone with their financial needs, save money and obtain a solid financial foundation.

“[We don’t] help just the Latino community, but helping people from all over the world. We have done great work with the Hispanic community and it helped us to go beyond,” Mr. Macias said highlighting not only the fact that Ascentra Credit union is a financial institution there to help everyone, but also it has a lot to offer to small business owners.

Besides Mr. Macias from Ascentra credit Union, the presentations and advice for participants looking to start small business will be given by Robert Ontiveros, founder and chairman of Group O, Christian Gutierrez, Office of Minority Economic Empowerment, Minority Business Development Manager from DCEO (Illinois Department of Commerce and Economic Opportunity), David Johnson, loan officer from ACCION, and Carolyn O’Connor, Immigration Legal Specialist from Esperanza Legal Assistance Center.

Ann Friederichs also emphasized that SCORE will be present at this event as well.

“They are the Senior Corp of Retired Executives and they have some grant money available for accounting services,” Ms. Friederichs said.

According to a written statement from SCORE, “Many Spanish speaking business owners are more comfortable using their native language to navigate the business start-up requirements. We have funds available to bring both the small business owner and the Spanish speaking accounting professionals together to start your business off on the right foot.”

Information can make lives easier and of course for any person looking to start a small business is important to have the right information at hand to be able to reach success in their business endeavor.

SBDC sponsored informative event will be on August 24, 2016 from 6:00 PM to 7:45 PM at Esperanza Center located at 335 5th Ave in Moline, IL. Register before August 22 at and sign up at Upcoming Events. For registration in Spanish go to There will a Spanish speaking interpreter available. This is free and open to community event.

Facebook Comments