The Statewide Hispanic Chamber of Commerce of NJ is a social media startup founded in 1989 with a mission to promote the growth and development of New Jersey businesses, particularly those owned by Hispanic individuals. The organization represents 120,000 Hispanic small business owners contributing over $20 billion to the state's economy. Their initiatives include helping members find expanded business opportunities, fostering ties between the private and public sectors, advocating for small businesses in the political process, and promoting trade for the New Jersey business community. The latest investment of $100.00K grant was received on 12 September 2019 from Wells Fargo. The focus of this investment was to further the mission of the chamber by supporting its efforts to facilitate business growth and development in New Jersey. The organization's dedication to supporting Hispanic small business owners and promoting economic growth aligns with current trends in social impact investing. With a history dating back to 1989, the Statewide Hispanic Chamber of Commerce of NJ presents an established and impactful opportunity for venture capitalists seeking to invest in social enterprises making meaningful contributions to local economies. This aligns with the growing interest in investing in diverse and inclusive business ecosystems.
Funding Stage | Amount | No. Investors | Investors | Date |
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Grant | $100.00K | 1 | Wells Fargo | 12 Sep 2019 |
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