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Biden-Harris Administration Announces Latino Prosperity Tour Across the Country


USA small business administration

Biden-Harris Administration Announces Latino Prosperity Tour Across the Country

SBA Administrator Isabella Casillas Guzman announced the Biden-Harris administration’s upcoming Latino prosperity tour, which will showcase the comprehensive strategy implemented by the administration to support and invest in the Latino community. The tour aims to highlight the various resources and pathways to prosperity that the government offers for education, housing, and entrepreneurship, among others, while also reducing economic disparities based on racial origin. The Biden-Harris administration has addressed challenges faced by Latino communities due to COVID-19, with the Latino Prosperity Tour seeking to engage with underserved Latinos, gather feedback, and provide networking opportunities. The tour will travel to various cities and involve discussions with local small business owners and Latino leaders.

The Latino population generates almost $2.8 trillion in economic activities, but there are still significant gaps due to insufficient investment. Through the Latino Prosperity Tour, the Biden-Harris administration aims to address these issues by engaging in direct conversations with underserved Latino communities and gathering feedback. The tour will also provide networking and discussion opportunities to explore ways the administration can address the barriers to access, experienced by the Latino community.

The tour is a part of the Biden-Harris administration’s commitment to delivering on the promise of increased opportunities for all, including Latino families and communities. The administration has already made historic investments in the Infrastructure Investment and Jobs Act, the Inflation Reduction Act, and the CHIPS and Science Act to support and invest in the Latino community. The Latino Prosperity Tour aims to build upon these efforts and create further pathways to prosperity.

Administrator Guzmán emphasized the importance of entrepreneurship as a path to prosperity for the Latino community, and the role that access to resources and support can play in achieving success. The tour will present various resources and opportunities offered by different levels of the federal government to support education, housing, entrepreneurship, and other areas that represent pathways to generate economic wealth and reduce differences in economic well-being based on racial origin.

The tour will pass through several cities, and Guzmán will be joined by other Cabinet colleagues and executive leaders in the coming months. The tour aims to provide Latino communities across the country with access to federal investments and resources, supporting them in turning their possibilities into reality. The Biden-Harris administration’s Latino Prosperity Tour aims to ensure that Latino families across the country can live with dignity, respect, and success.


About the Latino Prosperity Tour

SBA Administrator Isabella Casillas Guzman, who is the highest-ranking Latino official in President Biden’s Cabinet, will lead the Latino Prosperity Tour along with other Cabinet members. The purpose of the tour is to highlight the significant investments the Biden-Harris Administration has made in Latino communities and to promote the various resources provided by the federal government. The tour will include visits to various rural and growing Latino communities, as well as immigrant Latino communities. During the tour, Administrator Guzman and other Cabinet members will listen to the needs and requests of Latino communities directly. Further information about the tour stops, participants, and schedule will be disclosed soon.