Average monthly business applications were 50% higher in 2021-2023 than in previous years, with nearly one quarter of all new entrepreneurs identifying as Latino, per the Treasury Department. Meanwhile, in that same year, Latinos only received 2% of venture funding, Wired reported. Similar representation was reflected in the number of investment partner positions held by Latinos in U.S. venture capital firms, reported as 5% by Venture Forward, the National Venture Capital Association and Deloitte.

In recent years, Latine business owners have shown significant growth. But year over year, investment numbers lag behind the trend.