Hispanic Business Initiative Fund Announces Business Stimulus and Outreach Initiatives Worth More Than $100,000

ORLANDO, Fla.--(Business Wire)--
The Hispanic Business Initiative Fund (HBIF), in conjunction with City of
Orlando Mayor Buddy Dyer, announced today HBIF`s newest stimulus program and a
Hispanic outreach plan.

HBIF and the City of Orlando recognize the importance of the growing Hispanic
population in Central Florida. Orange County`s population is 25 percent
Hispanic, which translates to more than one million residents. HBIF provides
Hispanic business owners with more options than ever to build and maintain small
businesses, increasing job creation and providing fiscal return that strengthens
Florida`s economy.

"In the midst of a challenging economic climate, Hispanic business owners in
Florida have growing economic potential," says Ed Bustos, President of HBIF,
"HBIF`s initiatives provide the funds and services for these entrepreneurs to
create realistic goals and innovative business ideas."

The stimulus program is the second phase to HBIF`s well-established scholarship
program. Through this initiative, HBIF revisits past participants in its
scholarship program to ensure the clients maintain business success. HBIF
selected JCN Marketing Solutions as the provider of business consulting services
through an RFP process. The contract with JCN Marketing Solutions Owner Jackie
Calle Nguyenphu offers the participants a range of services, including:

* Product/Service Analysis
* Financial Analysis
* Risk Management Analysis
* SWOT Analysis

These business enhancement resources will be offered to up to 30 past
scholarship recipients, with eleven businesses already participating.

HBIF also announced an outreach plan that will spread awareness about HBIF to
700 Hispanic businesses in both Metro Orlando and the Tampa Bay area. Through a
similar RFP process, HBIF selected Democracia U.S.A. to manage the project. The
plan, launching as early as next month, sends staff to visit at least 350
businesses in each market to speak with Hispanic business owners about the
resources available to them through HBIF.

About HBIF

The Hispanic Business Initiative Fund, Inc. (HBIF) is a 501 (C) 3 nonprofit
organization serving the state of Florida.HBIF works to provide Hispanic
businesses with a variety of management educational programs and services not
currently available due to cultural and language barriers. The implementation of
this program enhances opportunities for Hispanic entrepreneurs by providing them
with the necessary tools to build successful businesses.All earnings from funds,
donations, and charitable contributions benefit the clients of the organization.
For more information, visit www.hbifflorida.org.

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For The Hispanic Business Initiative Fund (HBIF)
Laura Guitar, 407-616-1863
Laura.Guitar@edelman.com

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