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Webinar: Opportunities and Issues Associated with Latino Business Development

Presenters from Iowa State University: Tim Borich, Director to Communities for Extension and Outreach
Himar Hernandez, community development specialist working in Latino community and business development

Examine the issues related to the financing and technical assistance needs of underserved entrepreneurs.

Many regions of the U.S. are experiencing growing immigrant populations in non-metro communities. Entrepreneurs from these groups appear to lack strong social and business ties to the traditional sources of business finance and technical assistance.

Similarly bankers, technical assistance providers and others may be unaware of the economic potential of these entrepreneurs and be missing key opportunities in reaching them and providing services effectively.

Himar and Tim will discuss many of the emerging issues associated with the growth of the Hispanic population in the Midwest and the concurrent growth of Latino businesses.

A series of suggested programmatic directions will be articulated from
β€’ a recent roundtable session between some of the North Central region’s Federal Reserve staff and Extension faculty,
β€’ community focus groups conducted through the Federal Reserve, and
β€’ experiences of Extension programming focused on Latino business and community development in Iowa.

Webinar participants will be asked for their input for the continuing regional study.


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About the Extension Foundation

The Extension Foundation was formed in 2006 by Extension Directors and Administrators. Today, the Foundation partners with Cooperative Extension through liaison roles and a formal plan of work with the Extension Committee on Organization and Policy (ECOP) to increase system capacity while providing programmatic services, and helping Extension programs scale and investigate new methods and models for implementing programs. The Foundation provides professional development to Cooperative Extension professionals and offers exclusive services to its members. In 2020 and 2021, the Extension Foundation has awarded 85% of its direct funding back to the Cooperative Extension System, 100% of funds are used to support Cooperative Extension initiatives. 

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