09/08/2026
Stronger businesses. Stronger communities. A more resilient Michigan.
Weโre proud to share the next chapter in the Michigan Hispanic Fundโs work supporting Hispanic entrepreneurs across Southeast Michigan.
With the support and partnership of the Fred and Barbara Erb Family Foundation and in collaboration with People First Economy, we will launch the Mercado Resilience Cohort, a three-year initiative designed to help Hispanic-owned businesses strengthen the foundations
of their companies while building greater long-term resilience.
The program will bring together business fundamentals, workforce well-being, operational resilience, and sustainability, helping entrepreneurs put people, planet, and profit into practice as interconnected drivers of business success.
Over the next three years, weโll learn alongside business owners, our partners, and the broader ecosystem as we build and refine a model designed around the realities, opportunities, and ambitions of Hispanic entrepreneurs.
Thank you to the Fred and Barbara Erb Family Foundation and People First Economy for partnering with us in this work.
This is just the beginning. We look forward to sharing the businesses, stories, lessons, and impact that come next.
The Michigan Hispanic Fund is the nonprofit arm of the Michigan Hispanic Chamber of Commerce. Through this grant, a three-year Mercado Resilience Cohort will launch and close a gap in how small businesses are supported. Sustainability and employee wellbeing are usually treated as separate from business strategy. This grant builds both into strategy for Hispanic-owned businesses, in partnership with existing Foundation partner People First Economy.
โThis investment allows us to rethink what business support can look like for Hispanic entrepreneurs in Michigan. Through the Mercado Resilience Cohort, we will help business owners strengthen the fundamentals of their companies while integrating strategies that support their people, improve operational resilience, and position their businesses for sustainable growth. Over the next three years, we hope to build and refine a model that not only strengthens individual businesses, but contributes to a stronger and more resilient Michigan economy.โ Mark A. Moreno, Executive Director, Michigan Hispanic Fund and Michigan Hispanic Chamber of Commerce.
We're proud to support this work with a three-year $375,000 grant.
๐ Learn more in our latest grants announcement: https://www.erbff.org/3-75-million-to-power-sustainable-business-in-southeast-michigan/