SurveyMonkey Partners with the Eva Longoria Foundation to Empower Latino Entrepreneurs During COVID-19 Crisis and Beyond
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Organizations to provide free resources to underserved Latino entrepreneurs to help their businesses thrive
SAN MATEO, Calif., March 22, 2021 (GLOBE NEWSWIRE) – SurveyMonkey (Nasdaq: SVMK), a leader in agile software solutions for customer experience, market research and survey feedback, today announced a partnership with the Eva Longoria Foundation (ELF) to provide Latino entrepreneurs with free resources to help their businesses to be successful. Part of the SurveyMonkey for good program, the partnership with ELF will provide Latin American entrepreneurs access to SurveyMonkey products and training modules focused on three key topics: survey basics and best practices, market research and customer retention.
“Our goal is to provide access to technology and resources to a community of entrepreneurs who are severely underserved and lacking resources at a time when they need them most,” said Antoine Andrews, Head of Diversity and the social impact at SurveyMonkey. “We are delighted to launch this. This announcement is just the first step in a larger program focused on training, mentoring, resources and access to investment for underserved entrepreneurs.
During this initial pilot program, a group of 60 Latino entrepreneurs will have access to SurveyMonkey licenses, with live virtual training offered in English and Spanish. Entrepreneurs identified these resources as the most useful to their businesses in a survey conducted with the group. The engagement will last for one year, ensuring continued support as entrepreneurs continue to adapt to the challenges brought on by the pandemic. The Eva Longoria Foundation and SurveyMonkey will evaluate participant feedback and improve SurveyMonkey for Good’s partnership and related future offerings.
In 2012, the Eva Longoria Foundation was created to help Latin women and girls build better lives through education and entrepreneurship. ELF focuses on these areas because both have the power to transform lives, and Latinas have distinctly unique challenges in accessing both. ELF believes that by providing Latinas with the resources to succeed in school and in business, we can help empower the Latinx community at large.
“Latino entrepreneurs, who start businesses at six times the national rate, need access: access to inclusive capital and financial services, access to extensive networks, and access to flexible training and empowerment services. capabilities, ”said Eva Longoria. “Before the pandemic, 89% of new businesses owned by women were started by women of color – there is a huge opportunity to help these entrepreneurs collect the data and access the resources they need to start and grow their businesses, and we are proud to help make this possible.
Recent data from Q1 2021 CNBC | SurveyMonkey Small Business Survey shows that less than four in ten Hispanic small business owners (37%) say their business will survive less than a year under current business conditions. Additionally, a total of 69% of Hispanic small business owners describe their current business conditions as bad or poor. 74% of Hispanic small business owners said they had not received a loan under the Federal Paycheck Protection Program (P3), compared to 64% of whites.
To learn more about how you can support entrepreneurs, contact SurveyMonkey for Good at [email protected]
SurveyMonkey is a leader in agile software solutions for client experience, market research, and survey comments. The company’s platform enables more than 20 million active users to analyze and act on feedback from employees, customers, website and app users, and market research respondents. SurveyMonkey products, business solutions, and integrations enable more than 345,000 organizations to deliver better customer experiences, increase employee retention, and unleash growth and innovation. Ultimately, SurveyMonkey’s vision is to raise the bar for human experiences by amplifying individual voices.
About the Eva Longoria Foundation
In 2012, actress and activist Eva Longoria Bastón created the Eva Longoria Foundation to help Latinos build a better future for themselves and their families through education and entrepreneurship. To date, the Eva Longoria Foundation has reached over 30,000 Latinas in the United States and Mexico through STEM education programs, college scholarships, mentoring, parent engagement, microcredit, and business training. . Visit our website or follow us on Facebook and Instagram.