SOURCE: Prospera
Prospera is elected as a beneficiary of AT&T’s Believe Miami community investment
MIAMI, September 15, 2020 /PRNewswire-HISPANIC PR WIRE/ — Prospera, a nonprofit economic development organization that helps Hispanic entrepreneurs grow or start their businesses, has been selected as a beneficiary of the campaign BELIEVE Miami by AT&T. Believe Miami is a localized effort to generate positive change in communities, leveraging the participation of its employees, company resources, and local partners to create an impact. THE AT&T donation will enable Prospera to help start, strengthen, and drive more Hispanic businesses in South Florida to achieve a thriving community. Learn more at https://about.att.com/pages/believes.
“We are very grateful to AT&T for its partnership and support, volunteering and donations, and especially this latest generous contribution,” said Prospera President and CEO Augusto Sanabria. “We help Hispanic entrepreneurs throughout the year, but this pandemic has increased the need and demand for our services. Every small business we help recover means more financial and labor stability, which in turn leads to stronger homes and greater prosperity. We will continue to focus our resources and expertise on helping small business owners overcome the great challenges they face.”
AT&T has supported Prospera’s mission for several years and has sponsored its annual events. This last $100,000 donation makes AT&T a member of the Prospera Investor Circle. Believe Miami funds will be used to serve and train more local entrepreneurs to help them overcome challenges and strengthen their small businesses.
“Small businesses are at the heart of the U.S. economy, able to transform our communities with the goods and services they provide to local residents,” said AT&T Florida President Joe York. “But the challenges caused by the COVID-19 pandemic are making it difficult for many to implement these vital efforts. For minority companies, the challenges are even greater, so we are pleased to support Prospera’s effort to empower Hispanic entrepreneurs and help them start and grow their businesses.”
“In these difficult times, Small Businesses in Miami need to take advantage of the transformative impact of the entities we work together to survive, sustain, and thrive,” said Myrna Sonora, Vice President of Prospera in South Florida. “AT&T recognized the need and accepted responsibility. This award demonstrates your commitment to our collective future.”
Prospera has provided bilingual services to Hispanic entrepreneurs since 1991. Over the past five years, the organization has managed more than $57 million in loans, trained more than 20,000 entrepreneurs, and helped clients create or retain nearly 16,000 jobs. For more information, visit www.prosperausa.org.
