9 Years of
Foundational Research
Explore the definitive collection of annual reports that have tracked the trajectory, challenges, and rapid growth of the Latino business ecosystem since 2015.
NEW! 2025 Research Report
The 11th State of Latino Entrepreneurship (SOLE) Report explore highlights trends and insights regarding the changing entrepreneurial landscape.
Download Full Report
2023 Research Report
This year, we administered our national survey amid a global pandemic and vast social unrest, and the unique disruptions businesses faced over the past year are clearly visible in the survey responses.
Download Full Report
2022 Research Report
This report highlights some of the most pressing post-pandemic issues facing American businesses during a period of economic uncertainty. We administered a national survey to more than 10,000 U.S. business owners.
Download Full Report
2021 Research Report
For the past six years, SLEI has collected survey data from Latino-owned businesses across the country to provide an updated account of the latest trends in Latino entrepreneurship in the United States.
Download Full Report
Closing the Gap
This special 2021 report about the capital gap for Latino business owners was created through a special partnership between LBAN, SLEI and Bain & Company, Inc.
Download Full Report
The Ongoing Impact of COVID-19 on Latino-Owned Businesses.
Download Full Report
2020 Research Report
This year, we administered our national survey amid a global pandemic and vast social unrest, and the unique disruptions businesses faced over the past year are clearly visible in the survey responses.
Download Full Report
2019 Research Report
The Stanford Latino Entrepreneurship Initiative has collected survey data from a cumulative sample of 5,000 Latino business owners across the country to provide an updated account of the latest trends in Latino entrepreneurship in the United States.
Download Full Report
2018 Research Report
We created an ongoing research panel of more than 1,000 Latino business owners for our 2018 research report so that our data collection in future years will capture the growth of established businesses over time.
Download Full Report
2017 Research Report
Our 2017 survey examines issues related to Latino entrepreneurs and Latino-owned businesses in the U.S. In addition, we continue to investigate financing and the importance of growth for Latino businesses.
Download Full Report
2016 Research Report:
Stanford University professors and staff conducted the primary research and we are building ties with other university researchers to support additional studies.
Download Full Report
2015 Research Report
In this survey, we expand upon existing studies on issues related to Latino entrepreneurs and Latino-owned businesses in the United States, including the 2015 and 2016 State of Latino Entrepreneurship reports.
Download Full Report
NEW! 2025 Research Report
The 11th State of Latino Entrepreneurship (SOLE) Report explore highlights trends and insights regarding the changing entrepreneurial landscape.
Download Full Report
2023 Research Report
This year, we administered our national survey amid a global pandemic and vast social unrest, and the unique disruptions businesses faced over the past year are clearly visible in the survey responses.
Download Full Report
2022 Research Report
This report highlights some of the most pressing post-pandemic issues facing American businesses during a period of economic uncertainty. We administered a national survey to more than 10,000 U.S. business owners.
Download Full Report
2021 Research Report
For the past six years, SLEI has collected survey data from Latino-owned businesses across the country to provide an updated account of the latest trends in Latino entrepreneurship in the United States.
Download Full Report
Closing the Gap
This special 2021 report about the capital gap for Latino business owners was created through a special partnership between LBAN, SLEI and Bain & Company, Inc.
Download Full Report
The Ongoing Impact of COVID-19 on Latino-Owned Businesses.
Download Full Report 2020 Research Report
This year, we administered our national survey amid a global pandemic and vast social unrest, and the unique disruptions businesses faced over the past year are clearly visible in the survey responses.
Download Full Report
2019 Research Report
The Stanford Latino Entrepreneurship Initiative has collected survey data from a cumulative sample of 5,000 Latino business owners across the country to provide an updated account of the latest trends in Latino entrepreneurship in the United States.
Download Full Report
2018 Research Report
We created an ongoing research panel of more than 1,000 Latino business owners for our 2018 research report so that our data collection in future years will capture the growth of established businesses over time.
Download Full Report
2017 Research Report
Our 2017 survey examines issues related to Latino entrepreneurs and Latino-owned businesses in the U.S. In addition, we continue to investigate financing and the importance of growth for Latino businesses.
Download Full Report
2016 Research Report:
Stanford University professors and staff conducted the primary research and we are building ties with other university researchers to support additional studies.
Download Full Report
2015 Research Report
In this survey, we expand upon existing studies on issues related to Latino entrepreneurs and Latino-owned businesses in the United States, including the 2015 and 2016 State of Latino Entrepreneurship reports.
Download Full Report
Research & insights
LBAN’s Research
in Collaboration with Stanford GSB
LBAN’s SLEI research aims to understand Latino entrepreneurship nationwide. We gather data from thousands of business owners and analyze trends, releasing findings in our annual report, “State of Latino Entrepreneurship,” and hosting the SOLE Summit at Stanford GSB. Our research informs leaders, policymakers, and academics, and we collaborate with organizations to enhance knowledge on Latino economic impact.
LBAN’s Research
in Collaboration with Stanford GSB
LBAN’s SLEI research aims to understand Latino entrepreneurship nationwide. We gather data from thousands of business owners and analyze trends, releasing findings in our annual report, “State of Latino Entrepreneurship,” and hosting the SOLE Summit at Stanford GSB. Our research informs leaders, policymakers, and academics, and we collaborate with organizations to enhance knowledge on Latino economic impact.
Research
2026 State of Latino Entrepreneurship
2025
State of Latino
Entrepreneurship Summit
2025 State of Latino Entreperneurship Summit
Watch it here
Fast Facts
44 %
Growth of the number of Latino-owned businesses compared to a decline in the number of companies for the rest of the country
$800 B
Is contributed by Latino-owned businesses annually to the U.S. economy.
2,0 %
Latino-owned businesses receive less than 2% of the available Venture Capital funding in the U.S.
60 %
The odds of loan approval from national banks are 60% lower for Latino-owned businesses.
$4.1 T
The U.S. Latino Gross Domestic Product (GDP) is $4.1 trillion. 5th largest global economy.
9 Years of
Foundational Research
Explore the definitive collection of annual reports that have tracked the trajectory, challenges, and rapid growth of the Latino business ecosystem since 2015.
2025 Research Report
The 11th State of Latino Entrepreneurship (SOLE) Report explore highlights trends and insights regarding the changing entrepreneurial landscape.
Download Full Report
2023 Research Report
This year, we administered our national survey amid a global pandemic and vast social unrest, and the unique disruptions businesses faced over the past year are clearly visible in the survey responses.
Download Full Report
2022 Research Report
This report highlights some of the most pressing post-pandemic issues facing American businesses during a period of economic uncertainty. We administered a national survey to more than 10,000 U.S. business owners.
Download Full Report
2021 Research Report
For the past six years, SLEI has collected survey data from Latino-owned businesses across the country to provide an updated account of the latest trends in Latino entrepreneurship in the United States.
Download Full Report
Closing the Gap
This special 2021 report about the capital gap for Latino business owners was created through a special partnership between LBAN, SLEI and Bain & Company, Inc.
Download Full Report
The Ongoing Impact of COVID-19 on Latino-Owned Businesses.
Download Full Report 2020 Research Report
This year, we administered our national survey amid a global pandemic and vast social unrest, and the unique disruptions businesses faced over the past year are clearly visible in the survey responses.
Download Full Report
2019 Research Report
The Stanford Latino Entrepreneurship Initiative has collected survey data from a cumulative sample of 5,000 Latino business owners across the country to provide an updated account of the latest trends in Latino entrepreneurship in the United States.
Download Full Report
2018 Research Report
We created an ongoing research panel of more than 1,000 Latino business owners for our 2018 research report so that our data collection in future years will capture the growth of established businesses over time.
Download Full Report
2017 Research Report
Our 2017 survey examines issues related to Latino entrepreneurs and Latino-owned businesses in the U.S. In addition, we continue to investigate financing and the importance of growth for Latino businesses.
Download Full Report
2016 Research Report:
Stanford University professors and staff conducted the primary research and we are building ties with other university researchers to support additional studies.
Download Full Report
2015 Research Report
In this survey, we expand upon existing studies on issues related to Latino entrepreneurs and Latino-owned businesses in the United States, including the 2015 and 2016 State of Latino Entrepreneurship reports.
Download Full Report
2025 Research Report
The 11th State of Latino Entrepreneurship (SOLE) Report explore highlights trends and insights regarding the changing entrepreneurial landscape.
Download Full Report
2023 Research Report
This year, we administered our national survey amid a global pandemic and vast social unrest, and the unique disruptions businesses faced over the past year are clearly visible in the survey responses.
Download Full Report
2022 Research Report
This report highlights some of the most pressing post-pandemic issues facing American businesses during a period of economic uncertainty. We administered a national survey to more than 10,000 U.S. business owners.
Download Full Report
2021 Research Report
For the past six years, SLEI has collected survey data from Latino-owned businesses across the country to provide an updated account of the latest trends in Latino entrepreneurship in the United States.
Download Full Report
Closing the Gap
This special 2021 report about the capital gap for Latino business owners was created through a special partnership between LBAN, SLEI and Bain & Company, Inc.
Download Full Report
The Ongoing Impact of COVID-19 on Latino-Owned Businesses.
Download Full Report 2020 Research Report
This year, we administered our national survey amid a global pandemic and vast social unrest, and the unique disruptions businesses faced over the past year are clearly visible in the survey responses.
Download Full Report
2019 Research Report
The Stanford Latino Entrepreneurship Initiative has collected survey data from a cumulative sample of 5,000 Latino business owners across the country to provide an updated account of the latest trends in Latino entrepreneurship in the United States.
Download Full Report
2018 Research Report
We created an ongoing research panel of more than 1,000 Latino business owners for our 2018 research report so that our data collection in future years will capture the growth of established businesses over time.
Download Full Report
2017 Research Report
Our 2017 survey examines issues related to Latino entrepreneurs and Latino-owned businesses in the U.S. In addition, we continue to investigate financing and the importance of growth for Latino businesses.
Download Full Report
2016 Research Report:
Stanford University professors and staff conducted the primary research and we are building ties with other university researchers to support additional studies.
Download Full Report
2015 Research Report
In this survey, we expand upon existing studies on issues related to Latino entrepreneurs and Latino-owned businesses in the United States, including the 2015 and 2016 State of Latino Entrepreneurship reports.
Download Full Report