The Economic Power of Latinos—And What Comes Next

In December, McKinsey & Company released a report on the economic state of Latinos in the U.S.

The key takeaway? Latinos are a driving force in the U.S. economy—contributing $3.2 trillion to GDP—but still face significant barriers to wealth creation, business growth, and career advancement.

📌 Some insights from the report:
✅ Latino-owned businesses are growing faster than the national average—but they receive only 1% of venture capital funding.
✅ If Latino wages matched their productivity, it would add $281 billion to the economy.
✅ Closing the wealth gap would unlock trillions in economic potential.

But as the report states, there’s also a clear path forward:

"A thriving business environment can set off a self-sustaining cycle that bolsters Latino success. Local ecosystems can foster mentorship and networking opportunities. This can strengthen the Latino small-business community, as entrepreneurs share advice, support, and connections to help others navigate the challenges and uncertainties of business ownership."

This is exactly why LatinosBuild exists. We know that by creating spaces for mentorship, funding, and collaboration, we can accelerate this cycle of growth and building generational wealth.

🌎 LatinosBuild is here to spotlight the entrepreneurs, creators, and leaders who are breaking barriers. In this edition, we highlight:

🔹 Latino-led investment initiatives making an impact
🔹 Upcoming programs & events that provide access to funding, mentorship, and growth
🔹 Opportunities to connect and collaborate

👉 Have a project or initiative to share? Reply or send it to [email protected]—let’s keep growing together.

News, event, resources and tools

Great to see more Latino events during SXSW!

Thank you, butterscotch Media, for inviting me to join you on “The Get Down” podcast.