Small Business Administration to Thrive Under Maria Contreras-SweetJanuary 16, 2014
Contact: Paloma Zuleta, pzuleta at lulac.org, (202) 812-4477
WASHINGTON, D.C. – Today, LULAC Executive Director Brent Wilkes issued the following statement in support of the nomination of Maria Contreras-Sweet to head the Small Business Administration.
“There are over 3 million Hispanic-owned businesses generating over $400 billion in U.S. revenue each year, and the Latino community looks forward to having a strong champion in Ms. Contreras-Sweet. With this nomination, the Obama administration has demonstrated its commitment to supporting small businesses across the country. As founder and chairman of a Latino-owned community bank in Los Angeles, Maria Contreras-Sweet clearly understands the challenges faced by small businesses including gaining access to capital. Ms. Contreras-Sweet will bring the kind of compassion and leadership that the small business administration needs in order to help the economy grow. Lastly, as a Latina who immigrated to California as a young person, Maria Contreras-Sweet knows that investing in Latino owned small businesses is an investment in our country’s future. Ms. Contreras-Sweet has lived the American Dream and we are confident that if confirmed she will help other small business owners live their American Dream as well.”
The League of United Latin American Citizens (LULAC) is the nation’s largest and oldest civil rights volunteer-based organization that empowers Hispanic Americans and builds strong Latino communities. Headquartered in Washington, DC, with 900 councils around the United States and Puerto Rico, LULAC’s programs, services and advocacy address the most important issues for Latinos, meeting critical needs of today and the future. For more information, visit www.LULAC.org.