LNC Focus on Latino/Hispanic Global Leadership
The Latino Networks Coalition (LNC) works to capitalize on the strength of its partnerships to support leadership initiatives to empower our Latino/Hispanic community in the global marketplace.
The modern world, with globalized societies, fierce competition, and barriers to accessing resources, demands high levels of effectiveness and creativity. Creating great ideas and innovative processes takes more than imagination. It takes exploration, research, knowledge, talent, strategy, best practices and audacity – to create unique programs to explore different possibilities and make a difference in our community. The LNC works passionately to innovate ideas that will help Latinos and Hispanics thrive across industries & sectors in the global marketplace.
Our goal is to collaborate with leading LNC strategic sponsors like Bank of America, JPMorgan Chase, Thomson Reuters, Univision & LNC Executive Board to break Latino myths; harness the power of Latinos in our economy and communities. The common perception of Latinos being a burden to U.S. society is wrong.
As per the Latino Donor Collaborative —To the contrary, Latinos are the element most needed to fuel the growth of the U.S. All Americans have benefitted from the $2.13 trillion contribution the Latino GDP makes to the country, and should take steps to make sure it continues.
The LNC is committed to building bridges between public and private sectors to achieve our mission and goals. We enhance our business cases with research, knowledge and talent to combine innovative ideas while leveraging resources to create new and effective programs that give Latinos/Hispanics a competitive advantage.
- Today, Hispanics make up 18% of the U.S. population which is expected to grow to 30% by 2050. From 2010 to 2015 Latinos grew spending power 36% to more than $1.5 trillion.
- The Latino Donor Collaborative reports Latino GDP will account for an increasing portion of the total U.S. GDP growth, projected to be 24.4% of total US GDP growth by 2020.
- At 24 million strong, Latinas in the U.S. are a force in the marketplace. American Express OPEN found that from 1997 to 2015, the number of firms owned by Latinas grew by 224 percent.
- Overall, Latino-owned businesses have grown at a rate 15 times higher than other firms, according to the USHCC.