Hispanic Nonprofit and Technology Entrepreneurs Confront Financing Challenges in the May Issue of Hispanic Business Magazine

Posted on: May 1st, 2006
Filed Under: [ Hispanic News ] [ Press Releases ]

“-Three Hispanic CEOs, whose entrepreneurial instincts helped them build successful high-tech companies, share their hard-earned wisdom and experience in Hispanic Business magazine’s Technology Report featured in the May issue. Frank Huerta of Recourse Technologies (Internet security devices), Fabian Oliva of Refense Technologies (wireless network security software), and Michael French of Network Architechs (network infrastructure) are prime examples of U.S. Hispanic entrepreneurs who overcame start-up challenges, built strong companies with sizable profits, and then sold their companies to larger corporations. The technology report also reveals how Hispanic-owned companies are turning to web-based sales and advertising to generate revenue growth.

“The entrepreneurial spirit is alive and well. There’s still a lot of money for investment, but those funds are more selective than during the [dot-com] boom days,” states Steve Montoya, vice-president of Hispanic-Net, a group that promotes Hispanic high-tech entrepreneurs and executives in Silicon Valley.”

SOURCE: in English / Fuente en Ingles
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