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SBA, Hispanic Business Initiative Fund to expand Florida development

The U.S. Small Business Administration North and South Florida District Offices will be signing a Strategic Alliance Memorandum (SAM) with the Hispanic Business Initiative Fund (HBIF) on Thursday, January 14 at the Disney Entrepreneur Center in downtown Orlando. 

SAM stresses the importance of the SBA and HBIF uniting to strengthen and expand small business development across the State of Florida.

Under the formal partnership agreement, the HBIF and SBA will agree to hold joint training and outreach activities for small business owners as well as work closely with one another’s resource partners to assure small businesses receive the maximum benefit from both organizations.

“The purpose of this Memorandum is to develop and foster mutual understanding and bolster the working relationship between the SBA and the HBIF in order to strengthen and expand small business development throughout the State of Florida,” says Wilfredo J. Gonzalez, SBA North Florida District Director.  “Each Party has separate services and resources which, when delivered in coordination with each other, will provide greater benefits to the small business community across Florida.”

“This agreement presents a great opportunity for collaboration to ensure that small business owners in Florida get the valuable assistance that HBIF and the SBA have to offer. This Strategic Alliance will enable them to maximize their success in the marketplace,” says Francisco A. Marrero, SBA South Florida District Director.

The Strategic Alliance Memorandum will be signed by Wilfredo J. Gonzalez, SBA North Florida District Director, Francisco A. Marrero, SBA South Florida District Director, and Augusto Sanabria, President & CEO, Hispanic Business Initiative Fund.

The Hispanic Business Initiative Fund of Florida, Inc. is the leading Hispanic nonprofit economic development organization in Florida specializing in providing bilingual business development to Hispanics. For more information, visit www.hbifflorida.org.


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