5 Free Resources for Hispanic Business Owners

September was Hispanic Heritage Month. Let’s keep it going! Here’s a list of free and low- cost resources for hispanic entrepreneurs.

Minority Business Development Agency (MBDA)

What it costs: Free

What it does: “MBDA is an agency of the U.S. Department of Commerce that promotes the growth of minority-owned businesses through the mobilization and advancement of public and private sector programs, policy, and research. They work throughout the nation to link minority-owned businesses with the capital, contracts, and markets they need to grow. They also advocate for and promote minority-owned business with elected officials, policymakers, and business leaders. Serving as subject matter experts and advocates for the minority business community, MBDA conducts high-quality research and cultivates domestic and international relationships. Their programs and services better equip minority-owned firms to create jobs, build scale and capacity, increase revenues, and expand regionally, nationally, and internationally”

United States Hispanic Chamber of Commerce (USHCC)

What it costs: Free

What it does: “The USHCC actively promotes the economic growth, development and interests of more than 4.37 million Hispanic-owned businesses that, combined, contribute over $700 billion to the American economy every year. USHCC’s local chambers will have access to capital through grant programs, access to training, and a direct gateway to more than 260 corporate partners and Hispanic Business Enterprises. The USHCC National Convention is the largest networking venue for Hispanic businesses in America. It offers the opportunity to establish strategic long-lasting business partnerships through dialogue, networking, workshops, and more.”

Women’s Business Border Center (WBBC)

What it costs: Free

What it does: “WBBC provides information, training, individual technical assistance,and opportunities for women interested in starting or expanding their business. They create opportunities for women who want to access information, personal guidance and insight into business-management skills. The WBBC provides female business owners with numerous online sources to better assist with any and all questions about running a small business.”

Immigrant Business

What it costs: Free

What it does: “Immigrant Business was created to bring this ever-expanding, essential business community the tools needed to be successful in the United States. They cover inspiring success stories, political issues, and breaking news about immigrants and immigration, and offer first-hand tips on selling, franchising, winning government contracts, and much more from some of the most successful immigrant entrepreneurs in America.”

Immigrant Learning Center (ILC)

What it costs: Free

What it does: “ILC is a nonprofit organization that gives immigrants a voice in three ways: the English Language Program provides free, year-round English classes to immigrant and refugee adults in Greater Boston to help them become successful workers, parents and community members; the Public Education Institute informs Americans about the economic and social contributions of immigrants in our society; and the Institute for Immigration Research, a joint venture with George Mason University, conducts research on the economic contributions of immigrants.”

We’re always looking for the best affordable online resources, including tools to promote truckers and other small business owners like you. If you would like to share your small business success story or you have resources you have found helpful, please contact us at sblending@opportunityfund.org.

For information about Opportunity Fund’s small business loans, please contact us at 866-299-8173or loans@opportunityfund.org.  For questions about your existing loan or other customer service questions, please contact us at 866-299-8173 or sbhelp@opportunityfund.org.

Loans are subject to credit review. Additional documentation may be required for credit approval. We are an Equal Opportunity Lender. Loans will be made or arranged pursuant to California Department of Corporations Finance Lenders License #6050609.

Opportunity Fund, the nation’s leading nonprofit small business lender, believes small dollar loans help hard-working entrepreneurs make lasting change in their own lives and build stronger communities by growing businesses and creating jobs. Opportunity Fund’s community of donors and investors is creating an inclusive financial system that empowers women, immigrant, and minority small business owners. Our strategy combines microloans for small business owners and New Markets Tax Credit investments in high-impact community infrastructure projects. Since 1994, Opportunity Fund has deployed more than $750 million and helped thousands of entrepreneurs invest in their families’ futures. The organization has committed to lending an additional $1.2 billion to small business owners across the country and investing $174 million in community real estate projects by 2023.

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