Why an economic development nonprofit choose to expand to Charlotte

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Prospera, a Florida-based economic development nonprofit, saw Charlotte as an opportunity to reach North Carolina's Hispanic business community. North Carolina is home to 35,000 Hispanic-owned businesses, a 64.5% increase from 2007-2012, according to two studies commissioned by Prospera. Based off the studies, more than half of Hispanic-owned businesses in North Carolina are in Charlotte and Raleigh and have generated nearly $2.9 billion in sales and receipts across the state. The nonprofit started...

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