Latinos are highly productive, driving the future of the US economy, along with population growth. At the same time, Latino owned businesses are an overlooked investment opportunity. Even though they are a significant importance to the US economy, they are the most underfunded across all areas.

This has given Latino angel investors an opportunity to invest in Latino owned businesses, helping them grow and succeed. These businesses struggle with approximately $1 million revenue and high debt, along with a lack of investments and funding, which poses challenges. The total economic output of US Latinos in 2019 was $2.7 trillion, making US Latinos the seventh largest economy in the world.

They are rapidly growing and are expected to double in population in the next four decades. Their median age is thirty, compared to the median age of forty four for the white population. They accounted for eighty two percent of the US labor force growth, even though they represent only nineteen percent of the total population in the United States.

Latino entrepreneurs are fueling the US economy and are responsible for fifty percent of net new small business growth over the past decade. They are high quality businesses and are worthy of Latino angel investors. Employment within these businesses has grown two times faster than non-Latino owned businesses.

“While statistics show that Latino owned businesses are a valuable part of the US economy, these businesses are still underfunded,” said Kennie Blanco, a Managing Partner and CIO at LAT VC. “Latino owned businesses are not getting their share of capital from national banks and are now turning to Latino angel investors and venture capitalists, such as LAT VC.”

Equity investments from Latino angel investors, private investors and venture capitalists are essential to enable the growth of these businesses. Giving up equity, gives these business owners the capital they need to address urgent needs and growth. This type of investment eliminates the need of using cash flow for repayments, as the cash can be directed into the growth of the business. The investors provide the business owners with excellent networking opportunities and mentorship to help them achieve long term success.

About Us:

LAT VC is a purpose led venture company that invests in early stage US Latino led and owned businesses with large and high growth opportunities. The company started in 2019, addressing the troubling economic costs to our country and the underfunding of US Latino entrepreneurs. The company invests, elevates and accelerates Latino owned businesses by investing early. LAT VC invests from $200,000 to $1.5 million in Latino led and owned technology companies that offer or provide technology as core to businesses. Full details on LAT VC the process and pitch submission form can be found on their information packed website at https://lattitudeventures.com/.