Impact that Inspires: Celebrating Hispanic Heritage Month
Hispanic Heritage Month
Hispanic entrepreneurs are the fastest-growing segment of business in the U.S.
"Seeing that our efforts are contributing to the well-being and advancement of individuals within the Hispanic community is a source of immense pride." -Alexander Noda, Team Member
Nearly one in four new businesses is Hispanic-owned.
The nearly 5 million Hispanic-owned businesses in the United States contribute more than $800 billion to the American economy annually.
"We get to celebrate different foods and cultures but what unites us is living in the American dream." -Marili Cancio, Client on why it's importsant to celebrate Hispanic Heritage Month
From 2010 to 2020, the number of Hispanic business owners increased 34% compared to an increase of just 1% among non-Hispanic business owners.
Hispanic employer businesses employ about 1 million workers, with more than $100 billion in annual payroll.
There are more than 300,000 Hispanic-owned, employer businesses located across all 50 states and the District of Columbia
Synovus understands the importance of providing financial guidance to all clients, especially small business owners, to help grow their vision and maintain momentum.
Have a business idea you want to explore? Visit our Business Resource Center for information to get going: synovus.com/BRC