Community Technology Center will provide business resources to hispanic entrepreneurs.
July 7, 2006; 02:22 AM
Michigan —
As the number of new Hispanic-owned businesses continues to grow in
Southfield so does the need for the technology resources that enable
these startups to develop and mature. To help meet this need, the U.S.
Hispanic Chamber of Commerce Foundation (USHCC) — through grant support
provided by the AT&T Foundation — announced the selection of
Michigan Hispanic Chamber of Commerce to receive a CasaCyber Technology
Incubator grant.
Michigan Hispanic Chamber of Commerce is one of 20 USHCC-affiliated Hispanic chambers of commerce across the country that will benefit from a
$500,000 grant from the AT&T Foundation (the philanthropic arm of
AT&T Inc.) to the USHCC Foundation. The funds will support the
creation of CasaCyber Community Technology Centers focused on small-business incubation.
"Hispanic entrepreneurs are vital contributors to the U.S.
economy, and this program will ensure that more small-business owners
have a chance to succeed," said Rep. Lee Gonzales, D- Flint Township.
"Small-business incubation centers, such as these, will help create new
jobs and enhance a community's entrepreneurial climate. I am proud to
support the USHCC Foundation in helping turn dreams into realities.
CasaCyber
Community Technology Centers will help incubate businesses by providing
technology infrastructure resources that are necessary for small,
startup businesses. At the centers, entrepreneurs and small businesses
will be able to use resources such as computers, access to the
Internet, office space, business-related services and a network of
business-related contacts.
“Today’s
startup businesses have the potential to positively impact tomorrow’s
communities. Access to computers, business software and the Internet
are increasingly essential tools for business success,” said Carmen
Johnson, director of External Affairs for AT&T Michigan.
“We
are committed to working with Hispanic chambers across the country to
support emerging Hispanic business leaders, and we applaud Rep. Gonzalez for his leadership in helping meet the capacity needs of the growing Hispanic business community.”
According
to a U.S. Census report, Hispanics are starting businesses at faster
rates than any other segment of the population, and by 2007, one out of
10 businesses will be Hispanic-owned.
“The
USHCC Foundation is very proud to be making this announcement of seed
grants to our local Hispanic chambers throughout the country,” said
Frank Lopez, president of the USHCC Foundation. “These seed grants,
along with the leveraged funds that each chamber has been able to
produce, will help provide valuable resources to our startup Hispanic
businesses by giving them access to the necessary equipment and
resources that will help their businesses evolve and grow, positively
impacting the economic landscape of their respective communities.”
Recipients were selected through a competitive application process, which was developed and managed by the USHCC Foundation and open to local Hispanic chambers across the country with current USHCC member status. Each chamber will work with the USHCC Foundation to implement, manage, and sustain the projects and begin to grow businesses that will be able to contribute to the economic stability, growth and success of the chosen communities.
In addition to Michigan Hispanic Chamber of Commerce, regional recipients are:
Furthermore, the USHCC Foundation, with financial support from the AT&T Foundation, provided a special CasaCyber award to the Hispanic Chamber of Commerce of Louisiana (HCCL), located in Metairie, La. The funds from this grant have been leveraged into a partnership between the HCCL, Southeastern Louisiana University, Catholic Charities and Jefferson Parish School District.
This partnership has led to the opening of the Hispanic Business
Resource and Technology Center (HBRTC) in March. Along with other
services to the Hispanic community, the HBRTC is helping impacted businesses get back on their feet after the unprecedented disaster caused by Hurricane Katrina.
For more information on this program, please visit the USHCC Foundation Web site at www.ushccfoundation.org.
Note: This AT&T release and other news announcements are available as part of an RSS feed at www.att.com/rss.
About USHCC Foundation
The USHCC Foundation is committed to the advancement of the Hispanic community’s economic development and entrepreneurship skills through the empowerment of Hispanic-owned businesses, growth of the Hispanic chamber of commerce network and promotion of life-long learning experiences for Hispanic youth and entrepreneurs. The Foundation’s broad-based approach is coupled with a proactive strategy, which is reflected in the diverse number of USHCC Foundation-driven programs created to reach constituencies of all age groups and needs. More information about the USHCC Foundation is available at www.ushccfoundation.org or at www.ushccfoundationtv.org.
About AT&T
AT&T Inc. is one of the world's largest telecommunications holding companies and is the largest in the United States. Operating globally under the AT&T brand, AT&T companies are recognized as the leading worldwide providers of IP-based communications services to business and as leading U.S. providers of high speed DSL Internet, local and long distance voice, and directory publishing and advertising services. AT&T Inc. holds a 60 percent ownership interest in Cingular Wireless, which is the No. 1 U.S. wireless services provider with 55.8 million wireless customers. Additional information about AT&T Inc. and AT&T products and services is available at www.att.com
About the New AT&T Foundation
The new AT&T Foundation, the philanthropic arm of AT&T Inc., supports programs that build communities and improve access to information technologies, technology training and professional skills development. The new AT&T Foundation will provide more than $60 million in 2006 in charitable contributions, thereby placing it among the top five largest corporate foundations in the country. The new AT&T Foundation combines more than 40 years and $1.7 billion of philanthropic commitment to communities across the country.
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