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Palo Alto, CA – The Latino Business Action Network (LBAN) will recognize 74 scaled Latina and Latino businesses from across the United States on Saturday, July 7th, at the Stanford Graduate School of Business. The entrepreneurs have completed the Stanford Latino Entrepreneurship Initiative Education (SLEI-Ed)-Scaling Program, an immersive seven-week program providing participants with valuable scaling frameworks, a diversified network of capital providers, business mentorship and a deep understanding of mobilizing resources for scaling and sustainable business growth. LBAN collaborates with Stanford University to champion the Stanford Latino Entrepreneurship Initiative (SLEI). The “Scaling Up Your Venture” course—offered through Stanford Graduate School of Business Executive Education—is taught by world-renowned scaling expert Huggy Rao, Stanford Graduate School of Business Faculty.
LBAN is chaired and cofounded by Victor Arias, Jr. Professor Jerry I. Porras, co-author of the international best seller, Built to Last: Successful Habits of Visionary Companies and the Lane Professor of Organizational Behavior, Emeritus at Stanford Graduate School of Business is LBAN’s Chairman Emeritus and cofounder. Board members include Sol Trujillo, Phil Pompa, Frank Ramirez, David Segura, Monika Mantilla, Beto Pallares, Dr. Paul Oyer (Ex-Officio) and Mark Madrid (Ex-Officio), who serves as LBAN’s CEO. Melody Estrada serves as LBAN’s Director of Marketing, and Tiq Chapa as Director of External Relations. Marlene Orozco and Iliana Perez are Research Analysts of the Stanford Latino Entrepreneurship Initiative.
“In combining the academic work at Stanford with this high quality of relationships”, stated Chairman Arias, “we are not only going to lift our own community, but also the entire American economy.” Professor Porras added, “This weekend marks the closing of our sixth SLEI-Ed Scaling Program cohort. With this group, there will be over 425 SLEI-Ed alumni representing 30 states, 50 industries and over $1.5 Billion in combined annual revenues. The success of Latino-owned businesses is now a national imperative, and they are well on their way to becoming a significant part of the backbone of the U.S. economy. At SLEI, we equip as many Latino entrepreneurs as we can with the principles, tools and networks they need to grow very large companies. In this way, we help ensure the long term economic well-being of our country.”
“Through the powerful convergence of our three LBAN priorities—research, education and national ecosystem development—we are the top mobilizer of scaled Latina and Latino businesses in the country,” remarked CEO Madrid. "What we are driving from the Silicon Valley with a world-class team is an #AmericanEconomicImperative. Our laser focus remains on economic growth, job creation and creating solutions for capital deserts.”
The criteria for Stanford Latino Entrepreneurship Initiative Education-Scaling Program applicants is generation of annual gross revenues of at least $1 Million or having raised at least $500,000 from external sources.
With the sixth cohort of SLEI-Ed, combined annual revenues for the 425 program graduates surpass the $1.5 Billion mark. The Latino entrepreneurs span 30 states across the U.S. and employ over 20,000.
The Stanford Latino Entrepreneurship Initiative and LBAN congratulate the following 74 Latina and Latino entrepreneurs of the sixth SLEI-Ed cohort.
· Aaron Castro, SuperiorCare Ambulance, San Antonio, TX
· Adrian Lievano, Everwaters, San Francisco, CA
· Adriana Cortes, Delicious Southern Cuisine, Los Angeles, CA
· Alejandro Galicia, BPI Plumbing, Chula Vista, CA
· Alejandro "Alex" Romero, Parthenon Corporation, Los Angeles, CA
· Alfonso Zarate, Kansas City, MO
· Andrew Gonzales, St. Andrews Construction Services Corp., Eastlake, CO
· Angelica Garcia, AIM Transportation, Katy, TX
· Angelique Sina, Friends of Puerto Rico, Washington, DC
· Anthony Diaz, Health Hero, Inc, San Francisco, CA
· Anthony Romero, Center for Specialized Surgery, Santa Barbara, CA
· Arthur Alaniz, Rainbow AI, Inc., Mountain View, CA
· Augie K. Fabela II, FastForward.ai, Mountain View, CA
· Byron Laureano, Froztec International, Inc., Miramar, FL
· Cesar Malaga, Muller Construction, Las Vegas, NV
· Daniel Levy, Manhattan Office Design, New York, NY
· Daniel Uribe, GenoBank.io, Palo Alto, CA
· Diana Rodriguez-Zaba, ServiceMaster Restoration by Zaba, Chicago, IL
· Edna Posada, Spa La Posada, McAllen, TX
· Edward Navales, 24/7 MedStaff, Sacramento, CA
· Enrique Arbelaez, CIEN+, New York, NY
· Fidel Parjus, Automotive Alliance, Coral Springs, FL
· George Franco, TRIVA, Fort Lauderdale, FL
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CONTACT:
Mark L. Madrid, CEO at mark@lban.us
www.lban.us @LBANstrong
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