Silicon Valley Latino is excited to spotlight the 2024 State of Hispanic Wealth Report, released in September during Hispanic Heritage Month. The Hispanic Wealth Project (HWP), launched by NAHREP's leaders Gary Acosta and Jason Riveiro in 2014, has shaped a path to triple Hispanic household wealth, fueled by goals in homeownership, small business growth, and financial investments.
Today, Latino-owned businesses are thriving, growing at ten times the national average and generating $573 billion annually. Yet only 1.5% of venture capital reaches Latino founders. HWP’s vision includes expanding Latino-owned businesses to 600,000 and tripling venture funding by 2034.
Discover and support local Latino-owned businesses at our ShopLatino.Market—a growing directory dedicated to connecting our community and empowering Hispanic entrepreneurs. Juntos, we can continue building generational wealth and economic momentum!
Download the full Report here!
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Michael Archuleta, SVL Advisory Board Member, continues his streak of national recognition with honors from Becker’s Hospital Review and a finalist nod for CIO of the Year at the Colorado Technology Association’s APEX Awards. A true example of consistent, purpose-driven leadership in healthcare innovation.
When we first featured José Hernández in 2012, he spoke about the ingredients for success: preparation, persistence, and purpose. More than a decade later, those same principles are shaping his latest chapter through Tierra Luna Cellars — proving that true success evolves, but its foundation remains the same.
Joseline Peña-Melnyk made history as she was unanimously elected Speaker of the Maryland House of Delegates, becoming the first Afro-Latina to lead a legislative chamber in the state’s history.