Black, Hispanic and other minority business owners have been historically underfunded with fewer access to business resources. And while this still remains an issue, more celebrity-funded endeavors are stepping in to ease the burden.For the second year in a row, actor and comedian Kevin Hart is using funds made through his small business to support diverse business owners. As part of his annual giveback program, the Coramino Fund, Hart and his business partner, Juan Domingo Beckmann, gifted numerous $10,000 grants to Hispanic- and Black-owned business owners. The recipients were part of a large pool of applicants who applied to receive…
Author: Hispanic Community
Student loan payments are stressful enough, but throw fraudulent companies and scammers into the mix, and it creates a whole new problem. As we un-pause the stall of student loan repayments, here are some tips on how to spot student loan scams:They want money for free services Commercial financial aid advice services can cost well over $1,000. Of course, simply charging for help or information that’s available for free elsewhere is not fraudulent. However, if a company doesn’t deliver what it promises, it’s scamming you.If you’re unsure whether to pay a company for help finding financial aid, stop and think…
On Wednesday, January 10, the Society of Hispanic Professional Engineers (SHPE) took part in a very special event with the First Lady of the United States, Dr. Jill Biden. The event’s conversation focused on “Women Mentoring Women,” bringing together advocates from foundations, companies, social justice, and tech organizations committed to uplifting women in their respective fields nationwide.Representing SHPE with pride during this distinguished occasion was SHPE Government Relations and Public Affairs Director, Mariana Acuña Delgado. In partnership with the “Know Your Value” movement, a nationwide initiative devoted to supporting, inspiring, and empowering women to reach their fullest potential, the First Lady…
Alejandra Castillo was sworn in as the U.S. Assistant Secretary of Commerce for Economic Development on Aug. 13, 2021—becoming the first woman of color to hold this position. Leading the only federal agency focused exclusively on economic development, Castillo guides the implementation of over $5 billion in funding, powering the U.S. Economic Development Administration (EDA) and its mission to make transformational investments in America.DiversityComm Magazine was honored to sit down with Castillo to learn more about her esteemed career in public service as a Hispanic woman, her accomplishments and her own embodiment of the American dream.DiversityComm (DC): What inspired you…
By Pam O’BrienThere are approximately five million Hispanic- and Latin-owned businesses in the U.S.And those businesses are booming, according to Lantern by SoFi’s recent survey of 1,000 U.S. Hispanic and Latin business owners. In fact, more than two-thirds of survey respondents report that their companies are doing the same or even better than they did before the pandemic.But even as Hispanic- and Latin-owned businesses thrive, respondents report that some roadblocks remain. For instance, half of the Hispanic business owners surveyed say they face prejudice from their customers and from other business owners. Some 40% need a second job in order to make…
At this year’s SHPE Conference (Society of Hispanic Professional Engineers), DiversityComm Magazine caught up with Elio Morillo, an engineer, writer and artist who strives each day to push the boundaries of inclusion and representation. Having just released his new memoir, The Boy Who Reached the Stars, Morillo took a moment to share his life experiences and journey with us below.DiversityComm Magazine (DC): So, tell me, what made you ultimately decide to pursue a career in space exploration and how old were you when you first started? Elio Morillo (EM): I think I’ve always thought of space as fascinating and incredibly…
Two major funding opportunities have been granted to Hispanic Serving Institutions (HSIs) and Historically Black Colleges and Universities (HBCUs) with the hope of increasing diversity in education, diversity in the STEM field and graduation rates. For HSIsSponsored by the U.S. National Science Foundation (NSF), the government organization announced that it will be investing $14 million into HSIs to create two new resource centers.The UNIDOS Network Resource Center for Community Coordination (HSI-CCC), designed to build community among current and potential HSI awardees; and the Network Opportunities for Developing Equitable and Effective Evaluation at HSIs Center for Evaluation and Research Synthesis (HSI-CERS),…
Mark Consuelos didn’t set out to be an actor.“It was all kind of by happenstance.”The entertainer, talk show host, producer, father and philanthropist actually graduated from the University of South Florida in 1994 with a degree in marketing.“I had just transferred from the University of Notre Dame to the University of South Florida and my dad said, ‘go get a business degree,’” said Consuelos. “I met with the counselor and said, ‘what’s the easiest track in business?’”But when he found out a friend was taking an acting class off campus, he was intrigued.“I thought it was hilarious that he was…
Washington, DC – The League of United Latin American Citizens (LULAC), founded in 1929, proudly announces its plans for the historic 2024 National Legislative Conference and Awards Gala, marking 95 years of unwavering dedication to social justice. The signature event will be hosted at the prestigious Mayflower Hotel on February 14-15, 2024. Domingo Garcia, LULAC National President, expressed the significance of this milestone: “We are extremely excited and looking forward to this milestone, which precedes our Centennial as the nation’s preeminent Latino civil rights organization. What better way to mark the occasion than to celebrate the very aspect of LULAC,…
The Hispanic Association on Corporate Responsibility (HACR) finished Hispanic Heritage Month with a week of engagements in New York City designed to highlight the underrepresentation of Hispanics at all echelons of the corporate sector, and celebrate those who have made a demonstrable impact. Within the six days beginning Friday, October 6, the nonprofit Hispanic DEI organization rang the closing bell of the New York Stock Exchange, released its annual benchmark research report, engaged as a featured guest of CNBC at their Exec Connect gathering, hosted a two-and-a-half-day conference focused on DEI practices at the country’s largest companies, and honored leaders…
