The State of Internationalization of Hispanic Owned Businesses in Illinois

Latino/Hispanic-Owned Businesses represent economic growth opportunities in every community where they do business. In a globalized world,  growth for firms can come from selling into markets beyond one's domestic borders. In a globalized world, growth for firms can come from selling into markets beyond one's domestic borders. In a globalized world, company efficiencies can be found in sourcing materials, equipment, and supplies from international vendors. Globally integrated firms take full advantage of the benefits of globalization because thy combine those twin perspectives. 

Illinois has the fifth largest concentration of Hispanics and Hispanic-Owned Businesses (HOBs) in the United States. In a region rich with both the vitality of Hispanic entrepreneurs and with geographic clusters of firms that make connections to global communities easier, and important question to ask is: How well are Latino businesses partaking of global opportunities? The research presented in this report attempts to answer that question. 

This research was conducted as a joint project between the Brennan School of Business, Dominican University, and the Illinois Hispanic Chamber of Commerce. 

To view the report, click here.

Focus Group Debriefing: What's Keeping Your Team from Being Great?

For nearly a decade IHCC’s Substance-Free Workplace program has partnered with small businesses to promote drug-free work environments that support healthy and productive teams. In response to member feedback, however, we will be expanding program services to address the larger goal of building great teams that drive small business success. 

In order to ground any new program development in the real needs of our community, IHCC conducted a focus group to explore what barriers prevent businesses from making their teams as great as they could be. The highlights from the session are detailed below.

If you are interested in reading the full report, click here. If you would like to learn more about how IHCC can help you build a better, engaged team, contact Liana Bran at 312-425-9500. 

Applications for ENTERpreneur, Summer Youth Entrepreneurship Program Now Open

Applications are now being accepted for ENTERpreneur, a four-week innovative, hands-on summer program for high school students interested in entrepreneurship.

Students learn the fundamentals of entrepreneurship and business planning through working on their own business plan in class sessions three times a week. The program is built on exposure to college-style learning, incorporating exposure to local academic institutions & universities. Students also learn about the college admissions process and how to position themselves for success in college.

Topics include:  

  • Business Planning
  • How to Lead a Team
  • Networking for Success
  • Business Financing
  • Marketing
  • Technology

Each week, prominent local business owners, entrepreneurs and tech executives visit with students to share their stories, and provide students both career and academic advice. The program culminates in a graduation ceremony in which each student presents their business pitch.

ENTERpreneur, funded by the Center for Hispanic Entrepreneurship, began the summer of 2014 in partnership with Cristo Rey Jesuit High School. In 2016, ENTERpreneur expanded to include more students from schools across the Chicagoland area and sessions were held at 1871. The program culminates in a graduation ceremony in which each student presents his/her business pitch.

ENTERpreneur is open to all high school students from the Chicagoland area in good academic standing. Sessions will be held Tueday, Wednesday and Thursday from 12:00pm-5:00pm from June 20 - July 20, 2017. More details about eligibility can be found here.

Applications will be accepted through April 30, 2017 at 11:59pm. To apply, click here. For more information, contact Kelley Francis at (312) 425-9500.

2016 ENTERpreneur Program Highlights