Raza Development Fund supports sustainable small business growth – the bedrock of a prosperous economy.

Latinos have had the highest rate of new businesses started every year since 2002. Yet only 11% of Latino startups secure a business loan from a bank or financial institution, the lowest rate of any racial or ethnic group.  

To bridge the gap in capital access, RDF builds partnerships with mission-aligned community organizations to bring affordable financing solutions to small, minority-owned business enterprises that have been systemically overlooked by traditional funders.

Partnership spotlight 

Arizona, Nevada, Southern California, Navajo Nation:  Arizona Hispanic Chamber of Commerce’s Capital Readiness Program  

Tampa Bay, Florida: Enterprising Latinas 

Cleveland, Ohio: Northeast Ohio Hispanic Center for Economic Development 

San Antonio, Texas: Maestro Entrepreneur Center  

Oakland, California: The Unity Council