NALCAB's National Latino Entrepreneurship program was created to invest in the expansion and coordination of small business assistance programs in predominantly Latino communities across the country. The grants awarded may also support housing development and/or building family assets. To date NALCAB's Latino Entrepreneurship Program has awarded 43 asset building and small business development organizations with grants totaling $815,000. Read more
A new Clinton Global Initiative America Commitment to Action has been announced, which will catalyze $70 million in investment in small businesses and community-based small business districts from NALCAB - National Association for Latino Community Asset Builders, Valley Economic Development Center, Acción Texas, Inc., Chicanos Por La Causa, Inc. and a national network of nonprofits that provide small business lending and development services in predominantly Latino communities. Collectively, this consortium will create 4,000 jobs by supporting the start-up or expansion of 1,500 small businesses in predominately Latino communities by undertaking the following activities:
NALCAB - The National Association for Latino Community Asset Builders announces a $700,000 grant from the Sam’s Club Giving Program to catalyze job creation by supporting the development of small businesses in predominantly Latino communities. This grant will advance NALCAB’s Commitment to Action with the Clinton Global Initiative America (CGI America) to leverage $70 million in investment in small businesses and community-based small business districts.
With funding from the Sam’s Club Giving Program, the NALCAB Network will, over the next two years, provide services to 1,000 small business owners and aspiring entrepreneurs, resulting in 150 business starts or expansions, creating at least 300 jobs. To achieve this goal, NALCAB will: