For Latinos, entrepreneurship has been a critical strategy in building wealth, creating jobs and ensuring self-determination and economic stablility. Latino businesses drive the US economy: in the last 10 years, 8 out of 10 new businesses formed were Latino-owned. NALCAB supports member organizations working with Latino and immigrant-owned businesses across the country to offer business training, reduce barriers to entry, increase access to capital, and facilitate the creation of commercial corridors, incubators and mercados.
Types of TA Support We Provide
For the past 15 years, NALCAB has supported Network members to invest in small business growth through culturally-relevant small business development services, business lending and place-based economic development. NALCAB supports small business-serving members through grant making and technical assistance to build capacity in the following key areas:
- CDFI certification and loan fund capitalization
- Local and national small business policy
- Small business development and lending best practices
- Developing performance indicators and data management tools
- Enhancing program and organizational sustainability
Key Resources and Products:
- NALCAB CDFI and Non-CDFI Member Lenders
- Blueprint for Culturally Relevant Small Business Development
- Survey of Small Business Owners in 11 Markets
- Addressing Commercial Gentrification in Miami
If you would like to learn more about NALCAB’s Small Business work, please contact Director of Small Business Jeremy Carter at jcarter@nalcab.org