National Hispanic Heritage Month
September 7, 2022
Featuring Hispanic-Owned Businesses
Hispanic Heritage Month is an annual celebration of the history and culture of the United States Latino and Hispanic communities. The event, which spans from September 15 to October 15, commemorates how those communities have influenced and contributed to American society at large.
Hispanic-owned businesses contribute significantly to their local communities and our national economy. There are millions of these productive businesses sprinkled across America. In fact, the Hispanic U.S. Chamber of Commerce represents more than 4.7 million Hispanic small business owners.
We celebrate Hispanic Heritage Month to recognize the achievements and contributions of Hispanic American champions who have inspired others to achieve success!
Economic Impact Fun Facts:
- Nearly one in four new businesses is Hispanic-owned.
- The nearly 5 million Hispanic-owned businesses in the United States contribute more than $800 billion to the American economy annually.
- There are more than 300,000 Hispanic-owned, employer businesses located across all 50 states and the District of Columbia. These enterprises employ at least one employee other than the owner.
- Hispanic employer businesses employ about 1 million workers, with more than $100 billion in annual payroll. The number of Hispanic-owned businesses that employ at least one employee other than the owner increased by 14% between 2012 and 2017 — more than twice as fast as the national average.
- In the decade preceding the pandemic, the number of Hispanic business owners increased 34% compared to an increase of just 1% among non-Hispanic business owners.
Resource: Joint Economic Committee Hispanic Entrepreneurship and Business Brief
Meet a couple of our Hispanic-Owned TVFCU Business Members!
Los 3 Amigos
For the best Southeastern Mexican zest, your search is over. Since 2011, Los 3 Amigos has been serving up a fiesta. With exciting and delicious menu items that are classic favorites with a modern flare sure to enchant and fascinate their guests. With two locations in Tennessee, they offer an authentic Mexican cuisine that doesn’t require a trip south of the border. Los 3 Amigos brings the hospitality and specialty cuisine of Mexico to the heart of Chattanooga!
Cashew Vegan Cafe
Cashew’s mission is to provide food that is fresh, delicious, and nutritionally sound. For over ten years, Cashew have been offering these vegan options to the Chattanooga community. They purchase the highest quality ingredients available, and make use of the great local produce our area has to offer when possible. Cashew also provides catering, custom baked goods, occasional 5 course dinners, cooking classes, and wholesale products.
Join TVFCU in supporting and celebrating our local Hispanic-Owned businesses!