•  Summary 
  •  
  •  Actions 
  •  
  •  Committee Votes 
  •  
  •  Floor Votes 
  •  
  •  Memo 
  •  
  •  Text 
  •  
  •  LFIN 
  •  
  •  Chamber Video/Transcript 

K00966 Summary:

BILL NOK00966
 
SAME ASNo Same As
 
SPONSORAlvarez
 
COSPNSR
 
MLTSPNSR
 
 
Go to top

K00966 Text:

 
Assembly Resolution No. 966
 
BY: M. of A. Alvarez
 
        RECOGNIZING Emprendedores Latinos USA for its vast
        business  and  cultural contributions to the diverse
        communities of New York State
 
  WHEREAS, Emprendedores Latinos USA  ("Latino  Entrepreneurs")  is  a
community-based    organization    dedicated    to   empowering   Latino
entrepreneurs through education, visibility, collaboration,  and  access
to  resources  that  support economic growth and leadership development;
and
 
  WHEREAS, Emprendedores Latinos USA exists to empower,  educate,  and
uplift   Latino   entrepreneurs   by   promoting  business  development,
leadership growth, and community collaboration; and
 
  WHEREAS, This commendable organization  serves  as  a  platform  for
Latino  business  owners,  professionals, and community leaders to share
knowledge,   promote   entrepreneurship,   and    strengthen    economic
opportunities within the Latino community; and
 
  WHEREAS,   Emprendedores  Latinos  USA  actively  fosters  community
engagement   by   highlighting   Latino-owned   businesses,   supporting
professional   development,   and   creating   spaces   for  networking,
mentorship, and collaboration; and
 
  WHEREAS, The economic contributions of  Latino-owned  businesses  to
the  State  of  New  York  and to the United States are far-reaching and
impactful; Hispanic-owned firms accounted for approximately 8.4  percent
of  all  employer businesses in the United States in 2025 (approximately
496,000 firms) and generated more than $730 billion in  annual  revenue,
highlighting  their  significant  economic  size and contribution to our
great State and Nation; and
 
  WHEREAS,  Latino-owned  businesses  have  shown  strong,  consistent
growth  in  the  United  State  since  2018;  the number of Latino-owned
businesses grew 44% from 2018 to 2023, representing a state and national
trend; and
 
  WHEREAS, The number of Latino-owned  businesses  in  Rochester,  New
York  grew  97% between 2015 and 2022; this upward trend is prevalent in
in cities such  as  Buffalo  and  Syracuse,  New  York  as  well;  while
contributing  to  a national, record-high $653 billion in revenue, these
firms are essential, often serving as community anchors; and
 
  WHEREAS,  Beyond  national  patterns,  regional  studies  show  that
locations  such  as  the  New York City metropolitan region have tens of
thousands of Latino-owned businesses, emphasizing their significance  to
local economies and our State's diverse communities; and
 
  WHEREAS,  The  leadership  and  members of Emprendedores Latinos USA
have  demonstrated  a  continued   commitment   to   advancing   equity,
representation, and economic empowerment for Latino entrepreneurs at the
local, state, and national levels; and
 
  WHEREAS,  The  purposeful  and  committed  members  of Emprendedores
Latinos USA's Board of Directors recognize the  organization's  positive
impact  on  the communities it reaches and the importance of formalizing
its mission, values, and strategic direction; and
 
  WHEREAS,  This  noble  organization's  commitment  to  strengthening
Latino-owned businesses, increasing visibility  for  entrepreneurs,  and
fostering  economic  opportunity  within underserved communities must be
acknowledged, commended, and thanked  by  the  citizens  of  this  great
Empire State; and
 
  WHEREAS,  This  Legislative Body is pleased to have this opportunity
to recognize such organizations  of  significance  which  foster  ethnic
pride   and   exemplify  the  cultural  diversity  that  represents  and
strengthens the fabric of the people and the State  of  New  York;  now,
therefore, be it
 
  RESOLVED,  That  this Legislative Body pause in its deliberations to
recognize Emprendedores Latinos USA for its vast business  and  cultural
contributions  to  the  diverse communities of New York State; and be it
further
 
  RESOLVED, That a copy of this  Resolution,  suitably  engrossed,  be
transmitted to Emprendedores Latinos USA.
Go to top