News Article

Louisiana Leads the U.S. With the Highest Percentage of Latino Entrepreneurs

November 4, 2023 —Latinos are an entrepreneurial demographic: according to the U.S. Department of the Treasury, nearly 25% of all new entrepreneurs were Latinos in 2021, a higher figure than their proportion to the general population (almost 20%).

Between 2021 and 2022, Latinos filed some 10.5 million applications for new businesses; but, predictably, the figures are not the same when looking at the different states. According to data from the Latino Data Hub, a new project from the University of California, Los Angeles (UCLA), the state of Louisiana is leading the country in this category with the highest percentage of Latino entrepreneurs.

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