Empowering Entrepreneurs: FWHCC’s Remarkable Achievements

The Fort Worth Hispanic Chamber of Commerce (FWHCC) is committed to transforming the entrepreneurial landscape for small businesses, especially given the alarming statistics that show 50% of small businesses close within their first five years, and only one-third make it past ten years (SBA, 2016). Through our targeted programs and initiatives, we are proud to have made a measurable impact on business success and growth within our community.

Transformative Business Consultations

Our 1-on-1 Business Consultations support small business owners with planning, research, financial guidance, and mentorship. Here’s our 2024 impact:

✔ 202 consultations conducted, with a 25% return rate from participants seeking further guidance.

✔ Supported LLC registrations and assisted 15 entrepreneurs in creating detailed business plans.

✔ Empowered over 100 businesses to navigate the City of Fort Worth’s new bidding portal, Bonfire, leading to $3 million in facilitated bids.

✔ Delivered certification assistance for MWBEs, resulting in 20+ applications and 10+ approvals.

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Business Pitch Competition: Fostering Innovation

Our Third Annual FWHCC Business Pitch Competition, in partnership with Bank of America, provided local entrepreneurs with the chance to pitch their ideas, win cash prizes, and receive expert guidance. Key achievements include:

✔ 11 entrepreneurs participated, 10 of whom were first-time competitors.

✔ Participants refined their pitches and business plans, with one graduate winning 1st Place in the competition.

✔ This program inspired significant business growth and increased sales for participants.

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Lanzar Fort Worth: Building Business Foundations

Our bilingual Lanzar Fort Worth program, sponsored by Wells Fargo and powered by the Kauffman FastTrac curriculum, provided aspiring entrepreneurs with a 10-week training program in English (Spring) and Spanish (Fall). Highlights include:

✔ 20 graduates across two cohorts, with training focused on business positioning, pitching, market research, and business planning.

✔ Assisted in the registration of 8 new businesses and the development of 15 comprehensive business plans.

✔ Two graduates competed in our pitch competition, with one earning 1st place.

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Strengthening Our Business Ecosystem

Our programs aim to equip businesses with resources, tools, and support to create sustainable growth. We actively collaborate with partners such as Sparkyard and Create FW to offer additional entrepreneurial resources. For external tools and guidance, visit:

Driving Long-Term Success

With programs that focus on business basics, certifications, market positioning, and financial literacy, we are building a thriving entrepreneurial community. Our initiatives, backed by expert-led instruction and partnerships, have helped businesses not only launch but also sustain and grow in competitive markets.

Join the movement and start building your business success today! Explore all our programs and resources to take the next step in your entrepreneurial journey.