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Wednesday, September 25, 2002

Volume 3, Issue 28

Hispanic Business Magazine

In the news this week...

2002 Board of Economists U.S. Hispanic Economic Summit

The successful completion of the 2002 Board of Economists U.S. Hispanic Economic Summit marked the fifth year that Hispanic Business Magazine has brought together high-profile corporate executives, government officials, academia, and Hispanic leaders and luminaries to focus on the economic trends and issues facing the growing U.S. Hispanic market. After a welcome and introduction from Hispanic Business, Inc. CEO Jesús Chavarría, attendees were invited to participate in presentations and forum discussions given by the Hispanic Business Board of Economists.

Study: Minorities More Likely Than Whites to Start Businesses

Some 10 million American adults are involved in the process of starting nearly six million potential new businesses at any one time. However, African-Americans are 50 percent more likely to start a business than whites, according to a new report that answers who is involved in start-up ventures in the United States. The 120-scholar report identifies predictors of entrepreneurship in context of ethnic differences.

The Bravo Group Promotes Linda De Jesús to President
Daisy Expósito-Ulla, Chairman & CEO, The Bravo Group, announced yesterday the promotion of Linda De Jesús, 39, from SVP, Managing Partner to President, effective immediately. The Bravo Group creates Spanish-language integrated marketing communications programs, which are designed to establish strong product positions in the Hispanic consumer segment. Established in 1980, the Bravo Group had billings of over $260 million in 2001.

Hispanics Developing Their Spending Power
The results of the annual "National Minority Buying Power" study found that California is indeed the Golden State for many different minority groups.

Latin Business Association Announces Latino Business Expo 2002
The Latin Business Association's Latino Business Expo brings together over 6,000 key business decision makers and opens a gateway for international business.

Dialogue On Diversity To Host Entrepreneurial Excellence Awards
Dialogue on Diversity, a non-profit organization dedicated to professional women of all ethnic and national communities, will host its eighth annual Entrepreneurial Excellence Awards ceremony on Wednesday, Oct. 2, 2002.

Vertis Survey Identifies Trends Among Discount Store Shoppers
Vertis, a leading provider of technology-based integrated marketing services, has released its Customer Focus 2002: Retail survey for the discount store industry. The biannual survey provides insights on consumers' shopping habits, preferences, and the impact of advertising inserts.

Denver Mayor Says Deal with IntraWest Contains No Diversity Quotas
Denver Mayor Wellington Webb this week told Grand County residents, "Whoever wants to work or do business at Winter Park is welcome. But we won't do it through quotas. I don't support a quota program."

Minority Equity Capital Access Program Picks Xpand Technologies in Top Five Finalists
The U.S. Commerce Department's Minority Business Development Agency (MBDA) selected Xpand Technologies as one of five business plans to present to equity investors and experts during the National Minority Enterprise Development Week Conference.

Hispanics Seen as Weak Link in Texas Democratic Coalition
Fledgling hopes for a Hispanic-black political alliance that would help Democratic candidates in Texas in November appear to be flagging due to scant interest from the Latino side.

CoActive Develops National Hispanic Event Marketing Network
CoActive Marketing Group, Inc., announced the recent formation of its subsidiary, Grupo Hacerlo, a nationwide network of affiliated Hispanic-owned and operated agencies, providing event and on-premise promotional marketing services.

Cuban Foreign Minister Rejects U.S. Government's Allegations
In a news conference Wednesday in New York, Cuba's Foreign Minister retorted, "Mr. Dan Fisk is lying," in outrage over accusations that Cuba has not aided U.S. antiterrorist efforts.

U.S. Postal Service

From the current issue of

Hispanic Business magazine

Washington Insider
Hispanic business news straight from the Capitol.

Fast Track Business
Champion driver Adrian Fernandez finds equal success as a racecar team owner.

Visit our other sites!

HBEvents.com provides the most up-to-date information on Hispanic Business Inc. educational services and events, including the Hispanic Business Magazine Entrepreneur of the Year.

HispanTelligence.com contains quantitative data and a qualitative analysis on the U.S. Hispanic market. It allows researchers and business planners to access data on the Hispanic market.

HireDiversity.com, the recruiting branch of the family, offers an efficient place for minority job-seekers and diversity-minded employers to meet. The site also offers an array of diversity news.

SuperOnda.com is the site of the sister magazine of HISPANIC BUSINESS. It aims at passing along the Hispanic heritage of success to the next generation of young Hispanics. The site features a list of the best schools for Hispanic students, career development resources, musical and entertainment reports and much more.

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