Latina Business Incubator

Join us in supporting Latina entrepreneurs through our Business Incubator Program! This initiative aims to equip Latina professionals in the Greater Houston area with the knowledge, resources, and support they need to succeed as business owners. Through a series of comprehensive classes and workshops, participants will learn essential skills such as business planning, marketing strategies, and financial management.

Addressing Barriers to Accessing Capital

Many minority entrepreneurs face significant barriers when seeking traditional bank loans, often being denied financing regardless of their creditworthiness or business acumen. One common obstacle is the lack of a formal Limited Liability Company (LLC) structure and a well- developed business plan. Without these essential elements, entrepreneurs may find themselves excluded from accessing the capital they need to start or grow their businesses.

Closing the Gap with Our Business Incubator Program

At Power on Heels Fund, Inc™, we recognize the importance of addressing these barriers and leveling the playing field for all entrepreneurs, regardless of their background. Our Business Incubator Program is designed to empower minority entrepreneurs, particularly Latina professionals, by providing them with the education, resources, and support they need to succeed. By covering the cost of LLC filing and providing hands-on assistance with paperwork, we aim to remove financial and administrative obstacles that often hinder minority entrepreneurs from accessing capital.

Key Program Features:

• LLC Assistance: The Gonzalez Law Group PLLC. will cover the cost of LLC filing for participants, making entrepreneurship more accessible.
• Business Plan Support: Expert advisors provide personalized guidance to develop a solid business plan tailored to each participant’s goals.
• Community Support: Participants join a supportive community of like-minded individuals, mentors, and industry experts.

Eligibility Criteria

• To be eligible to apply, applicants must meet the following criteria:
• Owner does not have business formation.
• Does not have a business bank account.
• Owner of a business that has been operational for at least one year.
• Owner of a business with annual revenue equivalent to less than $150,000.
• Owner of a business employing 5 or fewer full- or part-time employees.
• Located in the Greater Houston area.
• Committed to completing the full program.

Application Process

Applications Now Open

Time Commitment: Approximately 2-4 hours per week over the course of the 4-week program. This includes weekly in-person events, networking opportunities, courses, assignments, and the development of a personalized business plan. A detailed program schedule will be shared with selected participants. See the dates below, times will be determined with the cohort selection.

• October 9th – November 15th – Application open (5 weeks)
• December 6th – Incubator Cohort Application review process and applicants selected and notified.
• December 9, 2024 – January 31st, 2025 – Applicants meet with Gonzalez Law Group to begin the LLC

Make a difference in the lives of Latina professionals by becoming a sponsor of our Business Incubator Program. Your support will not only help participants launch their businesses but also contribute to closing the gender pay gap and fostering economic empowerment in our community.