Wells Fargo and United States Hispanic Chamber of Commerce (USHCC) Accepting Applications for Latino Business Awards
June 21 2007 - 9:30AM
PR Newswire (US)
Wells Fargo, America's #1 small business lender, is new sponsor of
two awards SAN FRANCISCO, June 21 /PRNewswire/ -- Demonstrating a
continued commitment to Latino business owners nationwide, the
United States Hispanic Chamber of Commerce (USHCC) announces the
2007 Annual USHCC Regional and National Hispanic Leadership &
Business Excellence Awards. For the first time, Wells Fargo will
sponsor two of the awards, the Hispanic Businesswoman of the Year
and the Hispanic Businessman of the Year awards. The awards, which
recognize extraordinary entrepreneurship, will be given at the
USHCC Annual Convention, Business Expo & International
Pavilion, September 19-22 in San Juan, Puerto Rico. USHCC and Wells
Fargo will award $500 to 10 chambers who submit qualified
nominations for the 2007 Hispanic Businesswoman and Hispanic
Businessman of the Year Awards. The more nominations that a chamber
submits, the more chances that chamber has to win. "The Regional
and National Awards allow chambers, entrepreneurs and advocates to
highlight their achievements, share their innovations and inspire
others to achieve similar success," said Michael L. Barrera,
President & CEO of the USHCC. "We are happy to have Wells Fargo
as an awards sponsor, and are grateful for our ongoing
relationship." "We're proud to sponsor the Hispanic Businesswoman
and Businessman of the Year awards with the USHCC and look forward
to recognizing these outstanding leaders," said Tim Rios, senior
vice president and national spokesperson for Wells Fargo's Latino
Business Services program. "For the past 10 years, Wells Fargo has
joined with the USHCC to recognize and support Latino business
owners, and these awards mirror Wells Fargo's commitment to their
success." Since 1997, Wells Fargo's Latino Businesses Services
program has used outreach and education to help Latino business
owners increase their access to capital and other financial
services. The program is dedicated to making financial literacy and
in-language resources available through seminars and community
activities. To measure the progress of its outreach efforts, Wells
Fargo established a publicly-stated lending goal to lend $5 billion
by 2010 to Latino-owned businesses. To date, Wells Fargo has loaned
approximately $4 billion to Latino business owners nationwide. For
more information about Wells Fargo's Latino Business Services
program, please visit http://www.wellsfargo.com/biz/latino. The
Hispanic Businesswoman of the Year and the Hispanic Businessman of
the Year awards accompany several other USHCC awards, including
recognition of the Small, Medium and Large Hispanic Chambers of the
Year; the Government Business Advocate of the Year; the Corporate
Business Advocate of the Year; and the Sanchez to Sanchez to Smith
Award. Award applications are available at http://www.ushcc.com/
and http://www.wellsfargo.com/biz/latino and must be postmarked by
July 9, 2007. For more information about the awards, contact Gina
Manley at the USHCC at (202) 842-1212, ext. 493. About USHCC The
USHCC was established in 1979 and is the leading advocate for
Hispanic businesses and entrepreneurs. The USHCC represents the
interests of more than two million Hispanic-owned businesses in the
United States, which earn more than $350 billion annually. The
USHCC actively promotes the economic growth and development of
Hispanic entrepreneurs and the Hispanic business community. It also
serves as the umbrella organization for 200 local Hispanic chambers
in the United States, Canada, Puerto Rico and Mexico. The 2007
Annual convention, Business Expo & International Pavilion will
host a variety of workshops, chamber training and business sessions
focused on building business relationships and creating
opportunities for participants from all industries and from every
corner of the U.S. and around the world. Business leaders,
corporate executives, entrepreneurs and chamber members can take
advantage of unique opportunities to network, exchange ideas for
better business strategies, and participate in business matchmaking
sessions with supplier-diversity procurement officers from
corporate America and the federal government. The theme for this
year's convention is "Building Commerce Among the Americas." For
more information, please visit http://www.ushcc.com/. About Wells
Fargo Wells Fargo & Company is a diversified financial services
company with $486 billion in assets, providing banking, insurance,
investments, mortgage and consumer finance through more than 6,000
stores and the internet (wellsfargo.com) across North America and
internationally. Wells Fargo Bank, N.A. is the only bank in the
U.S., and one of only two banks worldwide, to have the highest
credit rating from both Moody's Investors Service, "Aaa," and
Standard & Poor's Ratings Services, "AAA." Providing financial
products and services to more than one and a half million
businesses with annual sales up to $20 million in all 50 states,
Puerto Rico and Canada, Wells Fargo is America's #1 small business
lender in total dollar volume according to the most recent CRA data
(2005). The second largest national SBA lender in dollars, Wells
Fargo is an SBA Preferred Lender in 28 states and the District of
Columbia, and originated 4,937 loans for $578 million in 2006. Its
diverse business services programs provide outreach and education
to women, African American, Latino, and Asian business owners about
financial services. Since 1995, Wells Fargo has loaned more than
$30 billion to women and diverse business owners. For more
information, please visit http://www.wellsfargo.com/biz.
DATASOURCE: Wells Fargo & Company CONTACT: Allison White of
Wells Fargo, +1-415-975-6291, ; or Gina Manley of USHCC,
+1-202-842-1212, ext. 493, Web site: http://www.wellsfargo.com/
http://www.ushcc.com/
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