Chamber's Chairman Luis O. De La Hoz and Chamber's President Carlos Medina posed with attendees at the press conference that took place at Son Cubano restaurant next to the Hudson River.

Lyndhurst, NJ – By Aixa Lopez

On March 15th, 2022 at Son Cubano Restaurant, Cross River  and the Statewide Hispanic Chamber of Commerce of NJ  (SHCCNJ) announced its partnership to support the Chamber’s Hispanic Entrepreneurship Training Program (HETP) as a Platinum Sponsor and support annual events destined to help the business community grow. As part of this partnership, Cross River has become a vital member of the entrepreneurial ecosystem focused on creating an educational space based on our 3 main pillars that promote: 

  • • Access to capital 
  • • Access to new opportunities
  • • Access to new markets

Cross River’s collaboration wishes to provide financial assistance to SHCCNJ to help launch and enhance SHCCNJ’s entrepreneurial programs to provide small business owners with financial, educational, and technical assistance. 

This partnership is part of Making Waves with Cross River, a campaign dedicated to diverse small businesses and entrepreneurs who are serving their communities and creating jobs. It encompasses a number of initiatives in conjunction with community partners including grant programs, fellowships, events, and small business support.

Based on recent studies, New Jersey is among eight states (Arizona, California, Florida, Illinois, New Mexico, New York, and Texas) that collectively have approximately three-quarters of the U.S. Latino population. The eight states have a Latino GDP of $2 trillion. We need to continue to add partners like Cross River, that values the economic power of the Hispanic business community incentivizing its growth through education and networking,” indicated Carlos Medina, SHCCNJ President/CEO.

The Statewide Hispanic Chamber of Commerce of New Jersey is a leading advocate providing resources to small businesses who are often neglected,” said Phil Goldfeder, SVP Global Public Affairs at Cross River. “The SHCCNJ is the voice of thousands of Hispanic businesses that contribute to the New Jersey economy, and the partnership with Cross River will provide further support, fortifying a better community for all.”

About the Statewide Hispanic Chamber of Commerce of NJ

The SHCCNJ is the voice of the more than 120,000 Latino businesses that contribute more than $20 billion to the New Jersey economy.  The Chamber’s mission remains to educate, train, advocate for its members in the political landscape, and provide procurement opportunities for all its members. The SHCCNJ was recently ranked as the largest Chamber in NJ by NJ Biz magazine for the 3rd year in a row. 

About Cross River

Cross River provides technology infrastructure powering the future of financial services. Leveraging its proprietary real-time banking core, Cross River delivers innovative and scalable embedded payments, cards, lending and crypto solutions to millions of consumers and businesses. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion. Member FDIC. Find out more at

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