HCR 2024 Summary

• Expresses legislative support for Arizona's Latina-owned businesses and recognizes their contributions to the state's economy.

• Notes that women-owned firms grew at 1.5 times the national average, with Latina-owned businesses representing the fastest-growing segment of the women-owned business market.

• Highlights that nationally, Latinas owned over 1 million firms in 2014, generated $71.1 billion in revenue, and grew by 206% over 17 years.

• Acknowledges organizations including the Arizona Hispanic Chamber of Commerce, Local First Arizona, and Fuerza Local for providing training, capacity-building, and technical assistance to Latina business owners.

• Encourages continued development and success of Arizona's Latina business leaders and the support organizations serving them.