Latino Business Action Network 
in collaboration with Stanford University to champion
Stanford Latino Entrepreneurship Initiative
an LBAN/Stanford University collaboration
  Greetings from LBAN,
Palo Alto, CA - May 11, 2018 – The Stanford Latino Entrepreneurship Initiative and the Latino Business Action Network (LBAN) welcome 76 scaled Latinx entrepreneurs from across the U.S. to participate in the Stanford Latino Entrepreneurship Initiative Education-Scaling Program (SLEI-Ed) at the Stanford Graduate School of Business. SLEI-Ed is an immersive seven-week program providing participants with valuable scaling frameworks, a diversified network of capital providers, business mentorship and a deep understanding of mobilizing resources for sustainable business growth and scale. The initiative is part of the Stanford Latino Entrepreneurship Initiative, a unique collaboration between LBAN and Stanford University. The “Scaling Up Your Venture” course is taught by world-renowned scaling expert Huggy Rao, Stanford Graduate School of Business Faculty.

LBAN is chaired by Victor Arias, Jr.   Professor Jerry I. Porras , co-author of the international best seller,  Built to Last: Successful Habits of Visionary Companies  and the Lane Professor of Organizational Behavior, Emeritus at Stanford Graduate School of Business is LBAN’s Chairman Emeritus.  Mark L. Madrid serves as LBAN’s CEO.

“In combining the academic work at Stanford with this high quality of relationships”, stated Chairman Arias, “we are not only going to lift our own community, but also the entire American economy.  It is apparent that a narrative emblematic of the new American economy must be crafted during these times, and I can’t think of a better group than our 76 entrepreneurs to achieve this.”
 
“Through the powerful convergence of our three LBAN priorities—research, education and national ecosystem development—we are the top mobilizer of scaled Latina and Latino business owners in the country,” remarked CEO Madrid. "What we are driving with a world-class team from the Silicon Valley is an #AmericanEconomicImperative.  Our laser focus in on economic growth, job creation and creating solutions for capital deserts.”
 
The criteria for the Stanford Latino Entrepreneurship Initiative Education-Scaling Program applicants is generation of annual gross revenues of at least $1 Million or having raised at least $500,000 from external sources. Since 2015, over 350+ scaled Latinx entrepreneurs have graduated from our scaling program and joined the LBAN family.

With the sixth cohort of SLEI-Ed, combined annual revenues for program participants will surpass the $1.5 Billion mark. The Latino entrepreneurs span 30 states across the U.S. and employ over 19,000.

The Stanford Latino Entrepreneurship Initiative and LBAN congratulate the following 76 Latina and Latino entrepreneurs of the sixth SLEI-Ed cohort.



About LBAN
Purpose
To strengthen the United States by improving the lives of Latinos.

Mission
To strengthen the United States by empowering leaders to grow substantial firms that create jobs, develop leaders and spawn a new generation of companies.

Goal
To double the number of $10+ million, $100+ million, $1+ billion Latino-owned businesses by 2025.
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