1	Listening to Latino Businesses Gwen Richtermeyer, Ph.D. Director BRIDG-UMKC This presentation is made possible through the generosity of the Outreach Development Fund of University of Missouri Extension.
2	"Hispanics (or Latinos" Hispanics (or Latinos) represent the largest minority group in the U.S. with 281.4 million or 12.5%. Latino population increased 57.9% from 1990 to 2000 compared to an increase of 13.2% for the total U.S. population. Hispanic-owned businesses are growing at a rate of about 9 times that of all U.S. businesses.
3	"From 1987 to 1992" From 1987 to 1992, the number of Latino-owned businesses increased 76%. In 1997 there were 1.2 million Hispanic-owned small businesses – about 6% of all small businesses.
4	"The following graph shows the..." The following graph shows the decrease in non-minority owned compared to the increase in minority owned small businesses from 1982 to 1997. NOTE: 1997 is the latest date for which we have solid comparative data from the Economic Census.
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6	"The following graph provides the..." The following graph provides the upward trend lines for all minority groups – the yellow line represents Hispanic small business ownership - outpacing all others since 1987.
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8	"The total number of all..." The total number of all businesses increased about 12% from 1987 to 1997. The number of self-employed rose about 9% during that same period.
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10	"MISSOURI" MISSOURI 4,107 Latino-owned firms 15.5% of all minority-owned firms 1% of all firms 786 employer firms 13.3% of all minority-owned firms .7% of all firms Employ 6,141 people 16% of all minority-owned firms .2% of all firms
11	Types of Businesses Service 1,604 39% Non-classified 942 23% Construction 493 12% Retail trade 470 11%
12	"We have four metropolitan areas..." We have four metropolitan areas with significant Latino-owned businesses - Joplin, Kansas City, St. Louis, and Springfield. As you can see, while Joplin has the least number of firms, Latinos have the greatest number of any minority group.
13	Metro Areas
14	Latinas Missouri ranks 21^st in number of firms owned by Latinas Ranks 11^th in growth rate from 1997-2002
15	"BRIDG 2003 Study of Latino..." BRIDG 2003 Study of Latino Business Owners in Greater Kansas City
16	"Funded by BRIDG" Funded by BRIDG, the Kansas City Hispanic Chamber of Commerce and the Kauffman Foundation. Study of existing Latino business owners – those who had been in business at least two years - in Greater Kansas City. Survey sent to 650 business owners; response rate of 15.4%. Interviewed a dozen owners randomly selected from the 650.
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24	"In 2002" In 2002, BRIDG conducted a statewide study of small business owners’ needs and preferences. I will compare a few of the findings from our Latino study to this larger study – indicated as MONA.
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36	"The complete study is available" The complete study is available, along with our other reports and information on small business in Missouri, at our website www.bridg.org Thank you!