On average, Latino businesses dealt with harsher revenue reductions and more problems accessing relief than Minnesota businesses overall, according to a study by the nonprofit, community-based research organization Hispanic Advocacy and Community Empowerment through Research and the University of Minnesota Extension.
January 22, 2021
Minnesota s Latino-owned businesses report challenges, and optimism, as they cope with COVID-19.
For Latino-owned enterprises in Minnesota, COVID-19 has erected many of the same barriers other owners face, but they’re dealing with added disparities in their access to state and federal relief programs for business.
Those were among the findings in a study released this week by Hispanic Advocacy and Community Empowerment through Research (HACER). Rodolfo Gutierrez, the organization’s executive director, said that 2021 will be a critical year for Latino businesses in both the metro area and Greater Minnesota.
“This research showed us the economic importance Latino-owned businesses have in small towns and the metro area, and the importance of continuing working towards creating structures that promote BIPOC-owned businesses in our region,” Gutierrez said.
Impact of COVID-19 on Latino-owned firms in Minnesota umn.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from umn.edu Daily Mail and Mail on Sunday newspapers.