Grant will expand the nonprofit’s Latinx in Business initiative to three new markets in the US
TAMPA, Florida, November 9, 2023 /3BL/ – Today, Truist Foundation announced a $250,000 grant UnidosUS, the nation’s largest Latin American civil rights organization, in support of its workforce development goal of transforming the workforce ecosystem to ensure Latinos have access to quality jobs with clear pathways to prosperity. UnidosUS will use the grant funding to expand its Latinx in Business program to three new locations in the Tampa Bay area; Phoenix, Ariz. and Durham, NC
The Latinx in Business program builds the capacity of community organizations to implement innovative workforce development programs that upskill and reskill job seekers and small business owners. With this funding, UnidosUS will deepen the technical aspects around access to capital in its digital skills development modules to better inform participants on how to access capital opportunities and other financial services. UnidosUS will work with local community banks, community development financial institutions (CDFIs), government agencies and local chambers of commerce to ensure they are equipped to advise and share information about the products, services and resources available to those interested in further training or starting micro-enterprises. or small businesses.
“Strengthening communities starts by ensuring everyone has the resources they need to thrive,” said Lynette Bell, president of the Truist Foundation. “UnidosUS is committed to advancing economic mobility in communities across the U.S., and the Truist Foundation is committed to fueling their expansion and ensuring job seekers across America get the training and skills they need to to start or excel in their career.”
Earlier today, Truist Financial Chairman and CEO Bill Rogers, Truist Financial Tampa Bay Area Market President Iwan Mohamed, and Truist Foundation Vice President and Director of Governance Renee Villanueva joined UnidosUS Deputy Vice President for Workforce Development and Adult Education Luis Quiñones and Enterprising Latinas Chief Economic Empowerment Strategist Ileana Cintrón will formally announce the grant at an event in Tampa.
“Through the Latinx in Business program, we support current and aspiring Latino entrepreneurs on their journey to build wealth,” said Mauricio Garcia, senior vice president for programs at UnidosUS. “We are grateful for this generous grant, which will help us expand our work into new markets and give more Latino entrepreneurs the resources to expand and grow their businesses.”
UnidosUS has a long history of providing workforce development programs that upskill and reskill job seekers and support small business owners. To ensure that all community members have an equal opportunity to succeed in the workplace, UnidosUS will continue to work with its network of nearly 300 community organizations to deliver high-quality job readiness and industry-focused job training programs by providing financial support, culturally and linguistically relevant curricula, programmatic technical assistance and process evaluation.
UnidosUS is a nonprofit, nonpartisan organization that serves as the nation’s largest Hispanic civil rights and advocacy organization. Since 1968, we have addressed the social, economic and political barriers affecting Latinos through our unique combination of expert research, advocacy, programs and an affiliated network of nearly 300 community organizations across the United States and Puerto Rico. We believe in an America where economic, political and social progress is a reality for all Latinos, and we work with all communities to achieve this. For more information about UnidosUS, visit unidosus.org or follow us on Facebook, Instagram and Twitter.
About the Truist Foundation
Truist Foundation is committed to Truist Financial Corporation’s (NYSE: TFC) purpose of inspiring and building better lives and communities. The Foundation, a private foundation established in 2020 whose operating budget is independent of Truist Financial Corporation, makes strategic investments in a broad range of nonprofit organizations centered around two focus areas: building career pathways to economic mobility and strengthening small businesses to ensure all communities have an equal opportunity to thrive. These focus areas are epitomized by the Foundation’s leading initiatives: the Inspire Awards and Where It Starts. More information at Truist.com/Foundation.
Kristen Fraser, Truist