Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development
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Transcript of Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development
2016 RE:Conference
November 15, 2016
Mission Mission
To work with all members of the community to increase the economic advancement of Latinos in Oregon and SW Washington
Vision Vision To bridge the economic and educational gaps
experienced by Latinos in Oregon and S.W. Washington through
•develop future generations
•prepare emerging leaders
•increase wealth and assets
MEMBERSHIP -900 Members
- One of the largest Chambers in Oregon/SW Washington - Largest Hispanic Chamber in the Northwest
- 501c3 – Non-profit Organization
Hispanic Hispanic ChamberChamber Board of Directors Board of Directors
Strategic Approach:Strategic Approach:
• Business Assistance
• Scholarships
• Leadership
Business Technical Assistance
One-on-one bilingual, bicultural support
Technical Assitance • Businesses Served • 3,500 businesses since 2003 (417 this yr.) • 81% Latino • 46% Women owned • 96% of Latino Business are 5 or less employees
• Financial transactions $11,039,238 YTD (Since 2003) $500,000 dollars this year
• 2,300 Total Jobs Impacted
Business: Pacific Greywater Transport Owners: Álvaro Hernandez
Location: Portland, Or Type of Business: Graywater disposal service
Assistance with: •Business Registration•Business Plan Development •Contract Development•Market Research •Financial Projection
Outcome:•Purchase of Company Vehicle•Purchase of Specialty Equipment•Capital Injection of $10,000
Business: Angele’s Janitorial LLCOwners: Miguel Mendoza Suarez
Location: Vancouver, WAType of Business: Janitorial services
Assistance with:
•License and Permits •Bidding and Negotiation of contract•Business Plan•Insurance and Bonding•Identify Contract Opportunities
Outcome:•Increased Contracts•Master Contract with Fortune 500 company •Resulting in commercial contract with National Retail Value Village •Two Pending Proposal with National Retail –Ross For Less
Business: El Pilion, LLCOwners: Fernando Montagut
Location: PortlandType of Business: Colombia Food Cart
Assistance with:
•Business Plan Development •Financial Literacy •Financial Projection •Financial Strategies•IDA Account•Market Research
Outcome:
•Profitable in first year•Obtained Kiva Loan •Obtained Loan from local credit union •Created two new jobs •Capital Injection of $18,000
Business: PDX Bouncy Houses, LLC Owners:Alma Franco
Location: Portland, OrType of Business: Rental of Inflatables
Assistance with:
•Business Formation•Business Plan •Marketing Strategy •Created website •IDA program
Outcome:
•Purchase of Inventoryo Five industrial quality inflatableso Cargo vano Generators and other equipment
•Capital Injection of $12,000
Business: EverGreen Cleaning Services LLCOwners: Felipe Tzuc
Location: PortlandType of Business: Janitorial services
Assistance with: •Business Registration•Negotiation of bid contract•IDA Account•Financial Strategies
Outcome:•Purchase of Company Vehicle•Secure Commercial Contract •Hired two employees •Improve his monthly cash flow•Capital Injection of $30,000
Business: Tito’s Burritos Owners: Manuel Gallegos
Location: Portland, Or Type of Business: Restaurant
Assistance with:
•License and Permits •Lease Negotiation•Business Plan
Outcome:Transitioned to Brick and MortarHired Three Employees Capital Injection of $50,000
NEW BRICK AND MORTAR
One of the city’s oldest FoodCart moves to Brick and Mortar
Financial Support to Students- $2.8 M Financial Support to Students- $2.8 M – $2,065,750 of scholarships to 738 students since 1996– $178,700 Awarded to 55 students in May 2016– $ 599,988 in IDAs YTD (2 years)
2015 Scholarship Recipients2015 Scholarship Recipients
Educational Partners
Leadership Development ProgramLeadership Development Program
11th Class of 25 Participants – 200 Participates YTD
WHY? • Businesses- Increasing Income, Long
term wealth creation, Job Creation
• Students- Higher Skills =Higher wages
• Leadership- Positioning for increased income and policy positions
Thank You for Helping Us Thank You for Helping Us Invest in Oregon’s Future Invest in Oregon’s Future