PALO ALTO, Calif., April 12, 2016 /PRNewswire/-- The Latino Business Action Network (LBAN) has opened applications for the second cohort of its Stanford Latino Entrepreneur Leaders Program (SLELP). SLELP is an investment in helping Latino entrepreneurs to scale -- i.e., to grow -- their businesses through an immersive six-week program that provides owners the valuable education, enhanced networks, personal mentorship and better understanding of capital resources necessary to grow their businesses, create jobs, and build a stronger economy.
"Latinos are quickly becoming the new face of entrepreneurship in the USA," said Remy Arteaga, the Executive Director of LBAN. "Several studies, including one by the Kauffman Foundation, support the fact that Latinos are creating more new businesses than any other group in America. We want to empower these entrepreneurs to grow large businesses."
Eighty Latino entrepreneurs from across the United States will be selected to become part of this program. For six weeks, the entrepreneurs will take a customized online course based on curriculum developed by two Stanford Professors, Huggy Rao and Bob Sutton, who are internationally recognized as experts in scaling businesses.
The online course, entitled "Scaling Excellence Through Innovation", speaks directly to the scaling challenge that research has highlighted as the key to the success of Latino Owned Businesses. The course has been customized to address the unique challenges Latino entrepreneurs might face in scaling their business by including interviews with Role Models who have successfully scaled their companies and by providing webinars focused on the process of securing capital. In addition to the customized curriculum, participants will be paired with a mentor, who they will interact with on a regular basis.
Applications are due by April 15. The program will officially kickoff on June 4 at Stanford University with an event that will bring together the Latino entrepreneurs. At the end of the program, the 80 participants will participate in conversations with representatives from the venture capital, banking, angel investing and debt equity industries.
More details about applying to this program can be found on the website: latinoentrepreneurship.org. For further information, contact the Education Program Manager Jessica Salinas at 650-666-0079 or Jessica@Latinoei.org.
About Stanford University and LBAN Collaboration
LBAN and Stanford University collaborate on programs for Latino Entrepreneurs including the Stanford Latino Entrepreneurship Initiative (SLEI) and the Stanford Latino Entrepreneur Leaders Program. LBAN endeavors to make America stronger by empowering Latino entrepreneurs to grow large businesses through entrepreneurship research, education, and networks. The ultimate goal is to double the number of $10+ million Latino-owned businesses by 2020. To find out more about our programs, visit www.LatinoEI.org.
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SOURCE Latino Business Action Network (LBAN)