Boosting Florida's Economic Growth Wave With “LatinTech” Founders

Florida has long been a hub of economic activity and innovation. With its diverse population and thriving tech ecosystem, the Sunshine State is primed for continued economic growth, especially in the technology sector. One critical catalyst for this growth is the establishment of the LatinTech Accelerator, a revolutionary new program built exclusively for Latino tech entrepreneurs in Florida. If Latinx-owned businesses grow at the same rate as the U.S. average, they could add $1.4 trillion to the U.S. economy.

The Breakdown You Need To Know:Latinos are the second-largest racial and ethnic group in Florida at 26% of the population, meaning the significance of Latinx-owned businesses in driving economic growth across the state cannot be understated. The Stanford Graduate School of Business reveals that Latinos start more businesses per capita than any other racial group in the U.S.

Enter Latinx tech accelerators. These organizations play a vital role in bridging the funding gap for Latinx founders. They provide early-stage financing to Latinx-owned businesses, helping them grow and make a significant impact on the economy. Florida’s LatinTech Accelerator in partnership with Tampa Bay Latin Chamber of Commerce and Tampa Bay Wave, is intricately designed to understand, honor, and leverage the cultural, social, and economic context in which latino entrepreneurs operate.