Stanford Latino Entrepreneurship Initiative (SLEI)-Research
The goal of LBAN’s SLEI research is to understand the state of Latino entrepreneurship across the country. Every year we collect source data directly from thousands of business owners and leverage large datasets to synthesize trends, thereby shaping research in this field. We release our findings in an annual research report titled "State of Latino Entrepreneurship," and we host a State of Latino Entrepreneurship Forum at Stanford every year.
We make our research available to the public to inform business leaders, policymakers, capital providers, academics, the media, and our Business Scaling Program cohort.
LBAN collaborates with other organizations similarly interested in expanding the knowledge related to Latino entrepreneurship and the Latino economic impact on the U.S. economy. In addition, we engage academic scholars through annual conventions to mobilize a more extensive network of interdisciplinary scholarship and increase the visibility of this research and its impact.
The larger goal of our research program is to positively impact the Latino community's economic development and the country's overall prosperity.
Growth in the number of businesses in the last 10 years compared to just 4% for non-Latinos
Was generated in 2020 by Latino-owned companies in the U.S.
Latino-owned businesses receive less than 2% of the available Venture Capital funding in the U.S.
The odds of loan approval from national banks are 60% lower for Latino-owned businesses.
7 Years of SLEI- Research
2018 Research Report
We created an ongoing research panel of more than 1,000 Latino business owners for our 2018 research report so that our data collection in future years will capture the growth of established businesses over time.