The Hispanic Technology Executive Council (HITEC) and the Illinois Institute of Technology have come together to support the growth of Hispanic tech talent by opening the door to educational opportunities and scholarships within technology and business. HITEC Foundation scholars and HITEC corporate Emerging Executive Program graduates looking to pursue an MBA or Master of Science degree from the Illinois Tech Stuart School of Business will be considered for scholarships worth up to $2 million. Everything you need to know about HITEC and the Illinois Tech HTEC is a global executive
In a historical move, Lakeland Bank has been ordered to pay a $13 million settlement fee to Black and Hispanic residents. According to NJ.com, Lakeland Bank was ordered by the Justice Department to pay Black and Hispanic borrowers back after it was revealed they conducted discriminatory practices to deprive them of purchasing their first home. According to U.S. Attorney Phillip Sellinger, Lakeland Bank accepted almost five times fewer Black and Hispanic applicants than its competitors. “Lakeland avoided serving the credit needs of borrowers in majority Black and Hispanic census tracts in
Angeles Investors have announced the winners of this year’s Estrellas award. The line-up features a collection of the top 40 funders and venture capital firms investing in Hispanic and Latinx startups. This year’s cohort exemplifies leadership in investing in top startups and Hispanic and Latinx founders, among the fastest-growing segments of the U.S. economy. “It’s exciting to see the number of top funders and venture capital groups investing in Latino startups grow,” said Adele Cepeda, Angeles Investors Board Chair and Director at BMO Financial Corporation. “In 2020, we started
Globally, women in tech make up about 28.8% of the tech workforce as of 2020. While this number is an increase from 25.9% in 2018 and 26.2% in 2019, reports still show it could take 12 years for women to have equal representation in tech. In Africa, it will take even longer. Some members of the Latino and Hispanic communities have long held prominent positions in the world’s largest technology companies, and it’s no surprise because of the talent they possess. But Hispanic women reportedly tend to have a more negative experience with workplace DEI efforts,
Snickerdoodle, an NFT data, and privacy platform announced that it’s partnering with FTX and Animoca Brands to launch NFT Lotería, a game centered around a series of community-focused NFTs derived from Lotería, an image-based game popular in the Latinx community. The NFT series will highlight Hispanic artists, and its sales will benefit national Hispanic nonprofits including the Hispanic Heritage Foundation, the Latino Community Foundation, and the Rising Tide Network. Proceeds will engage and train young Hispanic Americans to enter the tech sector and the emerging blockchain industry. Snickerdoodle developed the
