Media Advisory: The State of Latino Entrepreneurship Conference Nov. 11

Stanford President John Hennessy, Executive Chairman of News Corp
Rupert Murdoch to Discuss Economic Impact of Latino Entrepreneurs

–(BUSINESS WIRE)–Stanford Graduate School of Business:



The Stanford Latino Entrepreneurship Initiative (SLEI), a

collaboration between Latino Business Action Network (LBAN,) a

non-profit, and Stanford University will unveil the most recent

available on this segment. This event is free and open to
the public. SLEI’s

research and survey of more than 1,800 Latino-owned businesses
revealed insights including:
  • Sales impact of Latino entrepreneurs exceeds $517 billion, and they
    employ more than 2.5 million people.
  • SLEI projects a gap of $1.2 trillion in sales between where
    Latino-owned businesses are today and where they could be, named the
    Opportunity Gap.
  • SLEI projects a total of 10+ million Latino-owned businesses by 2060.
  • Latino-owned businesses are more likely to be family-owned vs
    non-Latino businesses. More than 90 percent of Latino businesses
    are held under family ownership.
  • Latino-owned businesses have a diverse customer base, and contrary to
    perception, only a small percentage service mostly Latino customers.
    The broader market is eagerly embracing Latino-owned business goods
    and services.



Wednesday, Nov. 11

10:00 a.m. PDT


Members of the news media wishing to attend must RSVP and submit

credentials via website
no later than Friday, Nov. 6.



CEMEX Auditorium, Knight Management Center
Stanford Graduate School of Business
655 Knight Way
Stanford, CA 94305


Panelists and speakers include top-level CEOs and other industry and
  • Dr. John Hennessy, Stanford University President
  • Rupert Murdoch, Executive Chairman of News Corporation
  • Sol Trujillo, Trujillo Group Investments
  • Garth Saloner, Stanford Graduate School of Business Philip H.
    Knight Professor and Dean
  • Remy Arteaga, Executive Director of LBAN
  • Jerry I. Porras, Lane Professor of Organizational Behavior and
    Change, Emeritus, Stanford Graduate School of Business
  • Doug Rivers, Senior Fellow at the Hoover Institution and a
    professor of political science at Stanford University



The Stanford Latino Entrepreneurship Initiative (SLEI) is a

University research initiative housed within the Graduate
School of

Business. SLEI, in collaboration with the Latino Business
Action Network

(LBAN), has created a comprehensive database of more than one million
Latino-owned businesses in order to stimulate more informed
business partnerships, and knowledge and skill development.


Stanford Graduate School of Business
Heather Hansen, 650-723-0887
Gerber, 305-347-4391