Best Western (2005)

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NEW RESEARCH: The 2005 Hispanic Business 500 Directory -
A national benchmark of the surging development of U.S. Hispanic-owned companies.
Visit HispanicBusiness.com to search the directory.

Business

ethnic-money.jpg
From local businesses to national retailers, the art of marketing to America's increasingly diverse marketplace can be a land mine.

SBA Budget Down 60% from 2001
The 2006 budget number for the Small Business Administration has been set at $456.5 million, down $123 million from 2005 and nearly 60 percent from 2001. The SBA budget has made its rounds through the approval process of the House and Senate and is on its way to Bush for final approval.

Hispanic Business Magazine 15th annual EOY Awards
David Hernandez, CEO-Chairman of Liberty Power, took home the Entrepreneur of the Year Award on November 10 at a gala ceremony at the Beverly Hilton Hotel in Beverly Hills, California.

Small Business: Katrina's Hard Lessons
The devastating late-summer hurricanes continued to have a significant impact on the U.S. labor market in October. The employment report for the month shows a rebound jobs, but still well short of economists' median forecast.


Politics

Congress Rejects Bush Small Business Cuts
But overall SBA funding still $123 million less than last year. Included in the appropriations conference report that passed the Senate today by a vote of 94-5 were several provisions requested by Senator John Kerry and Senator Olympia Snowe, to increase the SBA's budget beyond Bush's recommendation of $453 million.

Miami: Mayor Wins a Majority, but Did he Win a Mandate?
Though his mayoral race mustered a turnout of only about 18 percent, Miami Mayor Manny Diaz said on Wednesday that he took great solace in his ethnic trifecta -- he won majorities among Hispanics, white non-Hispanics and blacks.


Hispanic Market

Latina Business Owners Becoming a Growing Force
Between 1997 and 2004, the number of businesses owned by Hispanic women in the U.S. grew 64 percent, according to the Washington, D.C.-based Center for Women's Business Research. One reason, Hispanic women are earning more college degrees, according to HispanTelligence.

Hispanic Scholarship Fund Announces Major Grants
The Hispanic Scholarship Fund (HSF) today announced several landmark gifts, totaling more than $22 million, which will further propel HSF toward achieving its mission to double the rate of Hispanics earning college degrees.

Nielsen Hispanic Sampling Called Unacceptable
AIM Tell-A-Vision Group (AIM TV) has announced their "Change The Sample" initiative to convince Nielsen Media Research, Inc. to change its current language stratification method of monitoring U.S. Hispanic viewing.

HispanTelligence Research
youth
More than 20 percent of Cubans are 65 or older, while a scant 4 percent of Mexicans are in that age bracket. On the other hand, 37 percent of Mexicans and 31 percent of Puerto Ricans are younger than 18.

The Fast Growing Hispanic Youth Market
While the U.S. median age continues to rise, from 35.3 years in 2000, the median age of Hispanics remains the lowest of all groups. Demographers predict faster growth among young Hispanics than among other young ethnic groups for the next decade.

Search the 2005 HB 500...
Search the 2005 Hispanic Business 500, a national benchmark of the surging development of U.S. Hispanic-owned companies.

Events
Check out the latest Hispanic events on the Hispanic Business Events Calendar

From the current issue of Hispanic Business magazine...
Create Your Hispanic Business Classified Ad Now!
milka
Charisma doesn't win auto races, but it does attract the sponsors and marketing partners that fund the sport. Fortunately, international race car driver Milka Duno has both charisma and skill at winning the checkered flag.

A Capital Question
Hispanic-owned PE firms with help from their political supporters are aggressively making the case that they deserve more opportunity to deliver returns.






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