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by Justin Velez-Hagan, National Executive Director

A recent survey by Harris Interactive entitled The Youth Entrepreneurship Survey 2010, has proven exactly what The National Puerto Rican Chamber of Commerce has known all along:  young people crave entrepreneurial education and experience.

According to the survey, 40 percent of young people would like to start a business someday (does not include those who want to be a doctor, lawyer, accountant, or other professional occupation).  But perhaps more revealing is the finding that more than half of those surveyed who know an entrepreneur are interested in owning or starting a business compared to less than one-third of those who have had no contact with an entrepreneur.

Although highly neglected in our educational system, entrepreneurship has one of the greatest impacts on our economy.  Read the rest of this entry »


Fox News picked the perfect moment to launch their new site, Fox News Latino, today.  Amidst the rescue of Chilean miners, a phenomenon that has caught worldwide attention, Fox has once again demonstrated their entrepreneurial prowess by launching a website that caters to English-speaking Latinos. 

Contrary to the philosophy behind the new government healthcare website,, which caters to an all Spanish-speaking website, Fox has decided to capitalize on the population of Hispanics that are either native English-speakers or are bilingual. 

“Many bilingual Spanish-speakers, and even many native English-speaking Latinos, have found it insulting and perhaps even ignorant when people assume that Latinos want all their information in Spanish, or are unwilling to buy products unless their advertising is in Spanish.  Frankly, there are actually more native English-speaking Latinos in the U.S., but they want to keep in touch with their roots too,” says Carlos Gutierrez, a self-proclaimed activist and resident of the Bronx. Read the rest of this entry »

as originally posted here:

Drury University’s Edward Jones Center for Entrepreneurship and Innovation will host its first Minority Entrepreneurship Conference on Oct. 9, from 9:30 a.m. to 4 p.m. in the Trustee Science Center.

The conference will provide an opportunity for minority entrepreneurs to learn basic entrepreneurship skills, hear about contracting with the government and specific funding opportunities and network with other entrepreneurs and professionals that can help with their businesses.

“The addition of the Minority Entrepreneurship Conference is a natural fit with our mission both at the Edward Jones Center and Drury at large,” said Kelley Still, executive director of the EJC.

“Our relationships with the minority community Read the rest of this entry »

This year marks the 11th anniversary of the coveted contest in Puerto Rico, Exito Empresarial, which awards students from around the island with the best business plan a chance to compete in the “Global Student Entrepreneur Awards.”

This contest, and others like it, are great examples of ways in which a community can encourage the free flow of entrepreneurial ideas for innovation, which can eventually lead to businesses that create jobs.

For this reason, The National Puerto Rican Chamber of Commerce has chosen to support the contest by becoming a sponsor, but we will also be supporting other similar contests throughout the country in the near future.

Email or call us for more information or visit

You can also read more about the contest in El Nuevo Dia newspaper.

We recently came across a book that caught our attention a little more than most.  This book, written by a professor and business school dean at the University of Puerto Rico, Mayaguez, Dr. Jose Romaguera, offers a little bit more than your average book on entrepreneurship.  Entitled Chispa Empresarial (or “Entrepreneurial Spark” in English) the book provides helpful advice, thought-provoking questions, and true entrepreneurial success stories for the budding entrepreneur.

After reading other books on the subject of entrepreneurship, it becomes apparent that most classroom books study the mindset of the entrepreneur and attempt to demonstrate specific characteristics or tendencies of “the typical” entrepreneur.  Sometimes this is off-putting for the budding entrepreneur because if their own characteristics do not align with those of other “successful” entrepreneurs, they tend to become discouraged.

However, Chispa Empresarial, with its many stories/examples Read the rest of this entry »

More than ever before, the importance of broadband access is being discussed in Washington and amongst Telecom companies across the U.S. Perhaps due to the disparity between other minority groups’ use of broadband and that among Latinos (44% of Latinos have adopted broadband usage compared with more than 56% of African-Americans and 67% for White-Americans)* the issue is being discussed whether Broadband is essential for Latino’s success. Is this technology’s importance being blown out of proportion?

The importance of the issue is being highlighted by the government’s proposed intervention in internet technologies through “Net Neutrality,” the billions of dollars (with a “B”) in resources being earmarked for projects across the country**, and the many studies demonstrating correlations between access to technologies and economic success. Essentially, however, all agree that the future of broadband will a have wide-ranging impact on all Americans, not just minorities. But specifically considering the case of minorities, lack of access or slow adoption will have a tremendous impact on their futures. Read the rest of this entry »

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