Latinos are creating new businesses faster than other demographics in the United States. These are young companies, smaller than the average business, but packing a host of benefits, not only for the economy, but for job opportunities and more. Compared to other demographics, the Latino owned businesses are creating jobs faster for all Americans. They do not only hire other Latinos, offering growth opportunities for their employees.

The United States stands to gain from the growth of these businesses, yet at the same time they are the most under funded business demographics in the country with only twenty percent of Latino businesses securing $100,000 or more from national banks. These businesses don't only struggle to secure the funding that they need, they also have challenges securing government and corporate contracts, stunting their growth moving forward.

Latino business owners face a number of challenges when it comes to securing funding. They do not receive loans at the same frequency as non-Latino businesses. Currently they are the seventh largest economy in the world. The playing field needs to be equal, though the regulations within the banking industry has made it very difficult for these businesses to secure the funding they need to grow and succeed.

Over ten percent of Latino owned businesses are in the technology industry, yet only one percent secured venture capital in 2021. This is why there has been a demand at LAT VC, a venture capital company that focuses on producing funding only to Latino owned and led businesses in the United States.

“We offer more than capital,” said Kennie Blanco, the Managing Partner and CIO at LAT VC. “In addition to investing in Latino owned businesses, we also offer coaching networking and spotlight to these businesses. Our investors provide valuable mentor ship, helping these businesses growth with confidence. We also offer excellent networking opportunities, giving them the chance to build long lasting business relationships. Spotlight comes in the form of Match-Up, an annual pitch event held at the national based conference, L’ATTITUDE that is held each September. This gives these businesses a chance to secure further funding and rub shoulders with CEOs, Managing Directors and more.”

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/.