Read on for 21 Hispanic-owned beauty brands you're sure to fall in love with. So, during this month that is dedicated to the contributions of the Hispanic community in the United States, we are highlighting Hispanic-owned businesses changing the beauty industry. small business ecosystem.' The report also found that 'the number of Latino-owned businesses has grown 34% over the last 10 years compared to just 1% for all other small businesses.'ĭespite the rapid growth, NBC News reported that Latino-owned businesses were seeing less loan approvals by national banks than white-owned business, which leads them to take on more personal financial risks. 15, and there's no better way to celebrate than by learning about and supporting Hispanic-owned businesses.Īccording to a 2020 research report from the Stanford Latino Entrepreneurship Initiative, Latino-owned business are the 'fastest growing segment of the U.S. TODAY will be publishing personal essays, stories, videos, and specials throughout the month of September and October. We are highlighting Hispanic trailblazers and rising voices.

During Hispanic Heritage Month, TODAY is sharing the community’s history, pain, joy, and pride.