Latino Community Foundation Announces Over $1M in Grants to Support Latino Economic Growth

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The Latino Community Foundation (LCF) announced it is distributing over $1.4M in grants to 23 Latino-led organizations working to strengthen economic opportunities for Latino and Indigenous communities.

At nearly 16 million Latinos, California is home to the largest share of Latinos in the country. California's Latino-owned businesses drive $120 billion in revenue and support more than 670,000 jobs, making them crucial to the robust and inclusive growth of our economy. Amid increasing inflation, LCF is committed to spearheading initiatives that bolster Latino entrepreneurs and advocate for policies that enhance job prospects in high-paying, high-demand sectors for the Latino community.

Grassroots organizations are driving Latino economic mobility and civic engagement efforts. With these partnerships, we are strengthening economic opportunities for our communities and making a statement that Latinos are California’s best bet for leading not just a recovery, but an economic renaissance.

LCF’s investments are part of their Latino Entrepreneurship Fund focused on building economic power across California, the state with the largest share of Latino small businesses. The investments will support a wide range of organizations that will increase access to funding for small businesses, support incubators that provide technical support to entrepreneurs, shift the narrative around Latino economic power, and help Latino business leaders build generational wealth for their communities. These grants will support the organization’s statewide efforts, with an emphasis on organizations serving the Bay Area, Central Coast, Central Valley, and the Inland Empire.

The 23 organizations that will be funded include:

BAY AREA

Birth Companions Community Center - $25,000
North Bay Jobs With Justice - $100,000

Prospera Community Development - $100,000

CENTRAL COAST

Community Action Board of Santa Cruz County - $25,000

Digital NEST - $175,000

Epicenter of Monterey - $25,000
Rancho Cielo - $100,000

CENTRAL VALLEY
Central Valley Workers Center - $100,000

Education and Leadership Foundation - $100,000
Valley Voices - $25,000

Western Farm Workers Association - $25,000

INLAND EMPIRE
Asociación de Emprendedo@s - $ 25,000