Ogden — The Suazo Business Center, in a partnership with Weber State University and Ogden City, is expanding its geographic reach by opening a second location in Ogden, Utah, home of the state’s most diverse population outside of Salt Lake County. Nearly 39 percent of Ogden City’s population identify as minority, and information from the Census Bureau and The Kem C. Gardner Policy Institute at the University of Utah report white households in Utah bring in nearly 30 percent more in annual income than Hispanic families.
The success rates of minority entrepreneurs are not in line with overall small business development, however, as they are at a disadvantage regarding many areas critical to business achievement. As a response to these barriers to success, Suazo Business Center, the Salt Lake City nonprofit organization devoted to business and economic development for the region’s Hispanic, Latino, and other minority communities, announces they are going to the heart of the issue and working to assist northern Utah small businesses by opening an Ogden location.
“Entrepreneurship is a vehicle that can effectively curb the income gap for underserved communities in our state. We see this on a daily basis at our Center. The Suazo Center was created to provide minority business owners, and other underserved entrepreneurs, the resources necessary to start or grow their businesses, increase their earning potential and wealth, and help to end pandemic cycles of poverty. As these amazing entrepreneurs succeed, it becomes an all-around win for Utah and our local communities," says Silvia Castro, Suazo Business Center’s executive director.
The ribbon-cutting for the new Suazo Business Center in Ogden will be on May 19, 2021 at 9:00 am, at 2036 Lincoln Avenue STE 105 in Ogden, with an Open House from 9:00 am – 1:00 pm, to which the public is invited to participate.
About the Suazo Business Center: Suazo Business Center is a business resource committed to the development and empowerment of the Latino/Hispanic and other underserved communities. They provide assistance to help existing and potential minority entrepreneurs succeed and build wealth. The Suazo Business Center has been serving the community since 2002 and has assisted in the education, growth, and development of well over 10,000 clients and small. They have created over 5,000 new small businesses, and have helped generate over $250,000,000 in revenues as an investment into Utah’s local economies. For more information, please visit http://www.suazocenter.org or call 801-521-1709.