Suazo Business Center’s ELLA program partners to bring DreamBuilder program to Utah

Suazo Business Center, in a partnership with the Mexican Consulate of Salt Lake City, Arizona Hispanic Chamber of Commerce, and ASU’s Thunderbird School of Global Management, is excited to incorporate DreamBuilder into its ELLA™ Women’s Program, to help women convert dreams into enterprises that enrich families, communities, and nations.

DreamBuilder is an entrepreneurship training program that was started by Freeport-McMoRan, in a partnership with the Thunderbird School of Global Management to create an effective curriculum that teaches women the fundamentals of owning their own business. The program consists of courses covering the foundational business knowledge needed to start and grow small businesses and includes courses including marketing, pricing, and bookkeeping. The program utilizes games, exercises, testimonials from successful entrepreneurs, and video storytelling to make the learning fun and engaging.

The program has led to business success and greater adoption of beneficial business practices for participants as evidenced by responses to surveys of graduates in 2016. More than 55% of graduates reported an increase in sales after finishing the program. 96% of graduates started tracking their expenses and 56% expected to start pay themselves a salary. Graduates, on average, agreed or strongly agreed, with the statement that the DreamBuilder increased their confidence.

“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”, said Silvia Castro, Suazo Business Center’s Executive Director.

The launch of DreamBuilder will be introduced by representatives from Suazo Center, Arizona Hispanic chamber of Commerce, the Consul of Mexico, and other local stakeholders, at Suazo Business Center on Thursday, March 17, 2022, at 10:00 am, at 960 West 1700 South, Salt Lake City, UT 84104, 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 have 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.suazoenter.org or call 801-521-1709.

About the Mexican Consulate in SLC: The Mexican Consulate in Salt Lake City is located at 660 S 200 E Ste. 300, SLC, UT 84111-3835. For an appointment at the Mexican Consulate, visit their website at consulmex.sre.gob.mx/saltlakecity/, telephone 801-521-8502, or email [email protected].

About the Arizona Hispanic Chamber of Commerce: Since 1948, the Arizona Hispanic Chamber has been dedicated to promoting the health and prosperity of the state and national economy by serving as a vital link to the growing power and influence of minority-owned businesses and consumers as part of our state’s increasingly diverse global marketplace. Learn more at https://www.azhcc.com/.

About Thunderbird School of Global Management: A unit of the Arizona State University Knowledge Enterprise Founded in 1946, Thunderbird School of Global Management is consistently recognized as the world’s premier institution for global management education. Thunderbird’s unique mission is to educate global leaders who create sustainable prosperity worldwide. Our dedication to global citizenship is exemplified by the “Thunderbird for Good” initiative, which brings the school’s faculty, curriculum, expertise and international networks to aspiring businesspeople that otherwise would not have access to high-quality management education.  Thunderbird for Good’s educational and mentorship programs primarily serve entrepreneurs from developing and emerging economies, many of them women. More than 130,000 women entrepreneurs from 60 countries have participated in Thunderbird for Good programs since the initiative was founded in 2005.