SHCCNJ gets $35K in grants for its Hispanic Entrepreneurship Training Program

By Emily Bader
Lyndhurst | Oct 18, 2019 at 12:25 pm

The Statewide Hispanic Chamber of Commerce of New Jersey in Lyndhurst announced Friday it has received three grants totaling $35,000 for its Hispanic Entrepreneur Training Program.

The HETP’s mission is to provide culturally and linguistically appropriate business education and mentorship services for free to Hispanic small business owners and entrepreneurs. Graduates are given a complementary membership to the chamber and provided access to its network of business professionals.

“These funds will support the expansion of our signature HETP program, which has been driving outstanding results amongst its participating businesses for five years in a row now. Such success stories include the opening of first and second brick-and-mortar locations, access to loans, hiring of new employees, sales increase ranging between 25% and 600%, MWBE certifications, and impressive network expansion and visibility in the Hispanic community and beyond” Valeria Aloe, HETP program director, said.

The grants were donated by Columbia Bank ($10,000), Investors Foundation ($10,000) and Verizon ($15,000), SHCCNJ said.

Carlos Medina, CEO and president of SHCCNJ, said he’s thankful for the partnership.

“We are grateful that our Corporate Partners, Columbia Bank, Investors Foundation and Verizon, and the Statewide Hispanic Chamber of Commerce of New Jersey have partnered on this important initiative to provide entrepreneurs classes led by bi-lingual subject matter experts on a variety of topics vital to building and fortifying a business,” Medina said.

Applications for the program close on Dec. 8. To learn more, click here.

‘We’re delighted with our partners for awarding us these grants, which will help our business community deliver services and products for the local people. These grants will expand the benefits we provide entrepreneurs in their path to growth,” Luis De La Hoz, chairman of SHCCNJ, said.

Emily Bader | ebader@roi-nj.com | emilybader