USHCC, Hispanic Scholarship Fund, Wells Fargo Partner for Entrepreneurial Training Program
At the United States Hispanic Chamber of Commerce (USHCC) 33rd Annual Convention, the USHCC, Hispanic Scholarship Fund (HSF) and Wells Fargo announced a first -time scholarship program reinforcing a commitment to higher education and entrepreneurship.
Wells Fargo’s $100,000 donation to HSF will support college-bound students who are dependents of USHCC members or past participants in BizFest, an intensive entrepreneurial training program for 40 Hispanic high school students. The program will open for applicants on September 19, 2012, and close on December 15, 2012.
“Education is the first step in establishing a path to future empowerment - today’s college students are tomorrow’s community leaders, corporate executives and small business owners,” said Javier Palomarez, president and CEO, USHCC. “The State of Small Business Poll results released by the USHCC today highlight 72 percent of Hispanic business owners want to grow a business and create a legacy. The surest path to achieving this is ensuring our children go to college.”
In today’s competitive marketplace, the value of higher education is more important than ever. This scholarship program will help close the gap for Hispanic students by providing access to valuable resources for families. According to the August 2012 Pew Hispanic Center report, for the first time, the number of 18- to 24-year-old Hispanics enrolled in college exceeded 2 million and reached a record 16.5 percent share of all college enrollments.