8legs: Stanford latino entrepreneurship initiative

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Latino-owned businesses grow, but venture capital remains an issue

Latino-owned businesses rose about 48% from 2017 to 2023, driven by growth in several sectors.
California and Florida lead the creation of Latino-owned firms, with many operating internationally.
Early-stage venture funding for Latino founders remains extremely small, under 2%.
Isabel Aznarez of Stoke Therapeutics describes being one of the few Latinas in fundraising rooms.
The 11th Annual State of Latino Entrepreneurship Report underpins the study’s findings.
Launchers say access to capital remains a top challenge for smaller Latino-owned firms.
Tech remains a notable focus within Latino entrepreneurship, despite funding gaps.
Stoke Therapeutics is highlighted as an example of capital-intensive Latino-founded biotech.
The report emphasizes networks as key for early fundraising for Latino founders.
Overall growth and capital challenges are set against a backdrop of international expansion for Latino-owned firms.

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