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Hispanic Business Initiative Fund Of Florida Inc

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Nonprofit Overview

Causes: Children & Youth, Education, Job Training, Microfinance, Small Business Development

Mission: To strengthen the economy of florida through quality business development and training to hispanic entrepreneurs.

Programs: One-on-one consulting: hbif staff meet with business owners to assess the viability of the business idea and the job creation potential of the business venture. In-house staff advise clients as to the general business practices, financials, licenses/permits, and access to capital, among others. In-house consulting is provided bilingual and free of charge to the business owner. Hbif assisted 1,784 business owners across the state of florida.

entrepreneurial grants: hbif's grants allow startups and existing businesses to receive advanced business development services at no or minimal cost, completed by subcontracted providers paid by hbif. The grants offered by hbif include: legal structure assessment, accounting assessment, business plan development, marketing plan, corporate branding, web page creation, quickbooks training, and loan application preparation. Hbif awarded entrepreneurial grants to 329 businesses.

educational assistance: orientation sessions provide basic information about how to start a business. The hispanic business workshop series offers training on specific topics that assist entrepreneurs in making critical decisions to achieve success. Hbif had over 4,470 attendees to the educational sessions offered in spanish and free of charge.

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