Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

18
2016 RE:Conference November 15, 2016

Transcript of Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

Page 1: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

2016 RE:Conference

November 15, 2016

Page 2: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

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

Page 3: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

MEMBERSHIP -900 Members

- One of the largest Chambers in Oregon/SW Washington - Largest Hispanic Chamber in the Northwest

- 501c3 – Non-profit Organization

Page 4: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

Hispanic Hispanic ChamberChamber Board of Directors Board of Directors

Page 5: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

Strategic Approach:Strategic Approach:

• Business Assistance

• Scholarships

• Leadership

Page 6: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

Business Technical Assistance

One-on-one bilingual, bicultural support

Page 7: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

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

Page 8: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

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

Page 9: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

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

Page 10: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

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

Page 11: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

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

Page 12: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

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

Page 13: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

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

Page 14: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

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

Page 15: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

Educational Partners

Page 16: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

Leadership Development ProgramLeadership Development Program

11th Class of 25 Participants – 200 Participates YTD

Page 17: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

WHY? • Businesses- Increasing Income, Long

term wealth creation, Job Creation

• Students- Higher Skills =Higher wages

• Leadership- Positioning for increased income and policy positions

Page 18: Jonath Colon, President, Hispanic Metropolitan Chamber, Microenterprise Development

Thank You for Helping Us Thank You for Helping Us Invest in Oregon’s Future Invest in Oregon’s Future