July 28, 2016
Source: Fontana Herald News
Latino owned businesses are a major driving force in the transformation of the economic and political landscape of the United States and job creation.
In addition to the exponential growth and advancement of Latino small businesses, women, millennials and veterans are starting businesses in record numbers. The National Association of State Latino Chambers of Commerce (NASLCC) will focus and strive to meet the business needs and desires of this essential segment who are members of local and state Hispanic Chambers of Commerce, and a Fontana businessman will play a major role in that effort.
On Feb. 15, a coalition of state Latino Chambers of Commerce from across the country met to formalize and charter the NASLCC. This group has been informally organizing and collaborating for 10 years.
The newly formed national Latino business organization represents the more than 4 million Latino owned businesses from across the country, and its founding members include the states of California, Florida, Kansas, New Mexico, New York, Texas, and Utah.
Frank Montes, owner of Inland Body and Paint in Fontana and chair of the California Hispanic Chambers of Commerce, was elected vice chair of the NASLCC.
"Hispanics now make up the majority in California; our Hispanic owned businesses have played a significant role in jump starting our economy. In order to thrive in this changing environment of regulations and taxes, we need to arm our members with the resources they need to compete and win contracts. The NASLCC will provide the resources they need to continue growing," said Montes.
Growth over the past 10 years among this key business demographic is 15 times the national average, with 2016 revenues expected to exceed $661 billion. The NASLCC will leverage the synergy and representative power of each state to provide vital resources, funding, and technical assistance to chambers at the state, regional and local level.
Frank Garcia, the chair of the New York State Coalition Hispanic Chambers of Commerce, was elected chairman of the NASLCC.
"This new organization will be the voice of the local, statewide Latino Chambers across the U.S. and Puerto Rico," said Garcia.
"As the chairman of the New York Latino Chamber, I represent 26 chambers and 80,000 members. Our small businesses are facing big challenges; the NALSCC will provide new solutions and equip our members from across the country with needed management and financial literacy programs, and provide international trade and technology events with our corporate partners."
The national headquarters of the association will be located in Sacramento.