May Issue of Hispanic Business Magazine Spotlights Hispanic Technology Entrepreneurs and Hispanic Nonprofit Groups

“Hispanics are underrepresented in life-science technologies, but Dr. Pedro Huertas stands at the forefront of the industry in one of life science’s most visible and controversial fields – embryonic stem cell research. His story leads Hispanic Business magazine’s annual special report on technology in its May issue.

Dr. Huertas serves as chief development officer at Advanced Cell Technology, a leader in embryonic stem cell therapy. The 52-year-old native of Chile will oversee the company’s research and the process of moving the technology – and its studies on chimeric mice – from the laboratory bench to the bedside. “Our intent is to develop therapies and cures for some of the worst diseases that affect humans,” Dr. Huertas said. The May issue also looks at Hispanic entrepreneurs such as Mike Anguiano of CVM Diversity Solutions and Mario Nemirosvsky of ConSentry, who are capitalizing in high-tech fields.

Other featured stories in the May issue of Hispanic Business magazine include:

THE TOP 25 HISPANIC NONPROFITS:
Hispanic Business magazine releases its annual list of the biggest Hispanic nonprofit groups, based on the organizations’ annual expenditures. As government funding decreases – it’s the leading source of revenue for groups on the list – organizations are adopting new strategies to make up the difference. Despite the concerns about government funding, revenues among the Top 25 nonprofits increased by 3.5 percent in 2006, compared to groups on last year’s list.

PONDERING “NO CHILD LEFT BEHIND”:
The Bush administration has tied most of its educational hopes in the No Child Left Behind act, passed in 2002. As reauthorization for the controversial legislation looms, a surprising number of mainstream Hispanic groups see the law’s insistence on teaching children English as their best hope for the future. U.S. Secretary of Education Margaret Spellings lauds the legislation in an exclusive interview with Hispanic Business.

COSMETIC COMPANIES PURSUE HISPANIC WOMEN:
The multibillion-dollar cosmetics industry sees a new girl in town – the Hispanic woman. Now entrepreneurial women and industry behemoths are both chasing what they see as a very lucrative clientele.

Q&A WITH VENOCO’S TIM MARQUEZ:
The co-founder and CEO of Venoco Inc. talks to Hispanic Business about his company and the Marquez Foundation, which was created when his company went public in November 2006. Mr. Marquez discusses his history in the oil business, charity work and philanthropic goals. “

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