U.S. Department of Commerce Minority Business Development Agency, Small Business Administration, United States Hispanic Chamber of Commerce, National Minority Supplier Development Council and the Latino Business Action Network join forces with Spanish Broadcasting System on this much needed initiative
“La Voz del Negocio Hispano,” “The Voice of Hispanic Business” will air on SBS top rated FM radio stations, MegaTV and multimedia platforms across the U.S. & Puerto Rico, hosted by respected journalist Mario Andres Moreno every Sunday morning
Miami, FL. (April 20th, 2020)—Spanish Broadcasting System, Inc. (“SBS”) (OTCQX: SBSAA), the leading Minority certified, Hispanic multimedia and entertainment company in the U.S., launches “La Voz del Negocio Hispano,” “The Voice of Hispanic Business” across its multimedia & entertainment platforms including Radio, TV and Podcast to empower Hispanic business owners with a show hosted by respected journalist, Mario Andres Moreno. The mission of the show is to support continued growth and provide needed support, education, and guidance to small and medium-sized businesses, especially as they deal with the current COVID-19 crisis. “La Voz del Negocio Hispano,” “The Voice of Hispanic Business” will bring a much needed national connection and local engagement with our Latino entrepreneurs and business owners who continue to grow significantly faster than the U.S. average. Over the past 10 years, the number of Latino business owners grew 34%, compared to 1% for all business owners in the United States.
Collectively, Latino-owned companies that employ others generated over $470 billion in revenue and employed over 3.2 million people, accounting for about 4% of U.S. business revenues and 5.5% of U.S. employment.
“Hermanos propietarios de negocios latinos, estamos contigo, juntos venceremos!”.
“SBS continues its commitment to deliver compelling content that empowers Hispanic business owners with the launch of our new radio program “La Voz del Negocio Hispano”,”The Voice of Hispanic Business” hosted Mario Andres Moreno,” commented Albert Rodriguez, COO of SBS. “This market changing programming due to its originality and mix of traditional and social media will bring unprecedented news and business coverage to the growing Hispanic community.” – continued Albert Rodriguez.
“The Minority Business Development Agency is honored to collaborate with Spanish Broadcasting System and the USHCC to launch this bilingual resource. We will continue to help minority businesses get the access to capital they need to keep their businesses open and pay employees,” stated Henry Childs II, National Director, Minority Business Development Agency.
“The United States Hispanic Chamber of Commerce is honored to partner with SBS, the leading Certified, Hispanic Multimedia and Entertainment Company in the U.S.,” said Ramiro A. Cavazos, President and CEO, United States Hispanic Chamber of Commerce. “By launching “La Voz del Negocio Hispano,” “The Voice of Hispanic Business”, together we are bringing a much needed bilingual business resource program for our 60 million Latino community in America during this COVID-19 crisis and beyond.”
“On behalf of the National Minority Supplier Development Council NMSDC, we congratulate SBS for bringing this important resource to the marketplace,” stated NMSDC President, Adrienne Trimble.”The Hispanic business community makes significant contributions to the U.S. economy and it’s essential that strong and relevant bilingual resources are available to support their sustainability. NMSDC looks forward to our continued partnership.”
“Spanish Broadcasting System (SBS) has the reputation and reach that touches the entire Latino community nationally and Latino Business Action Network (LBAN) is proud to collaborate on the exciting launch of “La Voz del Negocio Hispano,” “The Voice of Hispanic Business”.This show will educate America on the POWER of the Latino entrepreneurs and business owners who are driving the US economy. We look forward to bringing advice and voice to the entire Latino community,” stated Victor Arias, Chairman, Latino Business Action Network (LBAN).
“La Voz del Negocio Hispano,” “The Voice of Hispanic Business” visit us on Facebook, Twitter, Instagram, and join the conversation by using the hashtag #LaVozdelNegoHispano, The show is also available to listeners worldwide via LaMusica App on IOS or Android.
About Spanish Broadcasting System, Inc.
Spanish Broadcasting System, Inc. owns and operates 17 radio stations located in the top U.S. Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico, airing the Spanish Tropical, Regional Mexican, Spanish Adult Contemporary, Top 40 and Latin Rhythmic format genres. SBS also operates AIRE Radio Networks, a national radio platform which creates, distributes and markets leading Spanish-language radio programming to over 250 affiliated stations reaching 95% of the U.S. Hispanic audience. SBS also owns MegaTV, a television operation with over-the-air, cable and satellite distribution and affiliates throughout the U.S. and Puerto Rico. SBS also produces live concerts and events and owns multiple bilingual websites, including LaMusica, a mobile app providing content related to Latin music, entertainment, news and culture. For more information, visit us online at www.spanishbroadcasting.com.
About the United States Hispanic Chamber of Commerce (USHCC)
As the leading advocacy organization for the U.S. Hispanic business community, the USHCC promotes the economic growth, development and interests of more than 4.37 million Hispanic-owned businesses that annually contribute over $700 billion to the American economy every year. The USHCC also has the support of more than 200 American corporations and also serves as the umbrella organization for more than 260 local chambers and business associations nationwide.
Chartered in 1972, NMSDC is one of the leading minority business development organizations in the United States. NMSDC supports the economic sustainability of certified minority business enterprises (MBEs) and advances supplier diversity by facilitating procurement opportunities between its certified MBEs and their network of Corporate Members. The NMSDC network includes a National Office in New York, 23 affiliate regional councils, and five international partner organizations. For more information, visit www.NMSDC.org.
LBAN is a national 501 (c)(3) nonprofit with the purpose of strengthening the United States by improving the lives of Latinos and the goal to double the number of $10 million, $100 million, and $1 billion Latino-owned businesses by 2025. LBAN collaborates with Stanford University to champion the Stanford Latino Entrepreneurship Initiative.
About the Minority Business Development Agency (MBDA)
The U.S. Department of Commerce, Minority Business Development Agency (www.mbda.gov) is the only federal agency solely dedicated to fostering the growth and global competitiveness of U.S. minority business enterprises. MBDA programs are focused on economic empowerment and leading minority business enterprises through business transformation. For 50 years, MBDA has helped minority-owned firms get access to capital, contracts, build scale and capacity, and expand into new markets.
Media Contact SBS:
VP, Corporate Communications
(786) 394-9000 Ext. 1144