2023-05-03T17:46:47-07:00 2022-12-31 950858589 HUTCHINSON AND BLOODGOOD LLP 550 N BRAND BLVD 14th Floor GLENDALE CA 91203 990EZ 2022-01-01 843419477 LATINO BUSINESS FOUNDATION SILICON VALLEY LATI 4086188505 1652 ALUM ROCK AVE SAN JOSE CA 95116 JESUS FLORES President & CEO 2023-05-03 true JESUS FLORES 999009999 true GEORGETTE M GREEN P00449497 8186375000 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z X X LBFSV.ORG X X 0 0 0 0 0 133233 133233 X 153733 153733 0 20500 133233 0 Our mission at the Latino Business Foundation Silicon Valley is to provide empowering resources to existing and future leaders in the business community through long-lasting learning and support. The Foundations plan of action stirs the entrepreneurial spirit, support business growth, strengthen local associations and advance leadership. Small Business Assistance - The Latino Business Foundation of Silicon Valley (LBFSV) is currently serving local businesses through responsive, agile and essential business assistance. Over 90% of their members fall into the low to median income category; 70% of those served are Latino and about 30% of those served come from other immigrant groups. Their existing technical assistance is bilingual and includes a variety of programs such as a business academy course, a quick-response hotline for small business inquiries, the small business incubator, partner referral systems as well as small business workshops addressing the most pressing issues facing small businesses. LBFSV has remained extremely responsive and agile to the needs of small businesses with group programming as well as bespoke, one-on-one support with individuals as needs arise such as assisting businesses complete grant applications. Virtual Business Incubator - The Latino Business Foundation Silicon Valleys Virtual Business Incubator will be a place where existing and aspiring small business owners can easily access good information that impacts their business; high quality services/resources to improve and grow their business operations; and rich opportunities to connect with each other, promote their business in the Marketplace, and strengthen their network. Visitors will also have direct access to 1:1 support which may include: small business needs assessment, direct referrals to partners, direct service provision via Latino Business Foundation and easy access to the larger network of service & capital providers. Women In Power - LBFSVs Women in Power Initiatives include two main areas of work: Single Mother Business Owners and the Beauty Business Industry Council. The programs are a combination of workshops and speaker series for women small business owners to obtain technical assistance, listen to local experts and success stories, and engage in a supportive community of like-minded peers. The workshops cover topics such as: Social Media Marketing, Web Presence, Access to Capital and Financial Planning (in collaboration with Excite Credit Union), Commercial Lease and Contract Protection, Networking Dynamics, Beauty Industry Inspirational Speaker Series, and Inner Healing for Women. Single Mothers Business Owners: a rapidly growing program that addresses the unique challenges single mothers face as small business owners and the sole-income provider for their families. Nearly 61% of small/micro-businesses in East San Jose are woman-owned; 75% are single mothers. Beauty Business Industry Council: Business leaders co-create specific activities that address their needs. The beauty industry is the largest industry in our member community in East San Jose and as such, the Beauty Business Council was formed to respond to industry pain points and co-creates activities. This council is currently hosting a speaker series that brings together local beauty industry experts to share their stories, successes, and challenges in the field. In the past we have also help workshops focused on specific compliance issues that this sector was facing. TBUSINESS ACADEMY - The Latino Business Academy is a self-paced, 12 module course geared towards supporting entrepreneurs in forming a new business, in collaboration with Santa Claras My Own Business Institute (MOBI) Program. The Latino Business Academy provides direct access to high-quality and accessible training courses to small business hopefuls as well as tailored assistance from LBFSV small business coaches and staff that support entrepreneurs in selecting and completing the courses. The course provides technical and financial training and one-on-one coaching available in English and Spanish. The program covers a wide range of topics such as: Business Planning, Financing the Business, Licenses and Permits, Accounting and Cash Flow, Managing Employees, and Developing Negotiation Skills. The academy was officially launched in July 2021 and within its first months gained over 200 students and graduated over 30 students. JESUS FLORES President & CEO 60.00 0 SANDY CAMACHO Secretary 1.00 0 ANGELICA FLORES CFO/TREASURER 3.00 0 NANCY MENDOZA Director 1.00 0 VALERIA CAMACHO Director 1.00 0 false false false false false false false 0 0 0 false 0 0 false CA JESUS FLORES 1652 ALUM ROCK AVE SAN JOSE CA 95116 4086188505 false false false false false false false false false false false NONE NONE true X 218315 359544 577859 0 0 0 0 218315 359544 577859 0 0 577859 0 0 0 0 218315 359544 577859 X 0.00000 0.00000 Total Liabilities.1008 Unsecured Notes and Loans Payable - Beginning $20500 Unsecured Notes and Loans Payable - Ending $0