PledgeLA’s Founders Fund Impact Featured on Univisión 34

ENGLISH TRANSLATION:

Norma: It started off as a small clothing workshop four years ago, but now at age 30, Guadalupe Tlatenchi has six employees. She produces clothing for other businesses, and also has her own line!

Lupe: I’m proud and happy – I love to train my employees, so they can learn other techniques and to use new machines that help them earn higher wages.

Norma: This community-based vision helped her get selected last year as one of 20 small businesses to receive $25k from the Annenberg Foundation and it’s PledgeLA initiative.

Lupe: I was able to purchase new machines, and also equipment to help us keep growing.

Calvin: More than a check, the Annenberg Foundation wanted to offer community support – we gather entrepreneurs in a collective, so they can learn lessons from each other.

Norma: Their focus, according to the spokesperson, is the Latinx and Black communities (in her case, she was Latina). While Latinos are nearly half of the local population, they’re not well-represented when it comes to employment and businesses.

Calvin: (speaking about application) “…Evidence about that they’ve accomplished as a business.”

Norma: After last year, they will once again be awarding half a million dollars to 20 entrepreneurs from those communities – the application can be filled out from today until April 10th, at www.PledgeLA.org/FoundersFund

Calvin: They just need to fill in their name, some basic details about the business..

Norma: Your business needs to be based in LA County, and not have raised more than $250k from any source.

Norma: And for those that don’t make it?

Calvin: For those not selected, we also have other programs and resources that we can connect them to.

Lupe: Don’t let this opportunity pass by!

Norma: For more details and for more information about this and other kinds of support, you can contact the Annenberg Foundation at: (213) 403-3032. Good luck! We’ll go back to the studio, good afternoon!