AUSTIN, Texas — Austin-centered Mexican-American food items maker Siete Foodstuff programs to award $40,000 this month in a nationwide contest to assistance Latino entrepreneurs to open or increase their businesses.

Purposes to the Siete Juntos Fund will have to be submitted by midnight CST on August 19, 2022. The corporation will award 3 prizes of $25,000, $10,000, and $5,000 to taco trucks, taco stands, Mexican food restaurants, or taquerias anyplace in the US.

The competitiveness was stated mainly because Latino firms are a lot less likely to acquire financial institution financial loans than their non-Latino competition.

Dallas gourmand chocolatier CocoAndré was awarded the inaugural Siete Juntos Fund prize last 12 months.

Qualifying companies must be at least 50 per cent Latino-owned and work as a food and beverage business that specializes in tacos, serves tacos, has the term “taco” in its business enterprise names. The businesses ought to be a sole proprietorship, partnership, or other legal entity, arranged, and current and approved to do business enterprise in the United States.

The prize revenue will have to also be used for reputable small business functions.

Pay a visit to the Siete Juntos Fund webpage to utilize.
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